Targus

Anaheim, United States Founded: 1983 • Age: 43 yrs Acquired By B. Riley Financial
Laptop bags, tablet cases, and docking stations are manufactured.
Annual revenue $3.1M Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Targus

Targus is a company based in Anaheim (United States) founded in 1983 was acquired by B. Riley Financial in October 2022. Targus has completed 2 acquisitions, including HyperShop and Sena Cases. Targus offers products and services including Laptop Bags and Docking Stations.

  • Headquarter Anaheim, United States
  • Sectors
    Consumer
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Targus India Private Limited
  • Date of Incorporation 05 May, 2005
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Consumer → Apparel, Fashion & Lifestyle Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.09 M (USD)
    -53.07
    as on Mar 31, 2023
  • Net Profit
    $201.35 K (USD)
    -68.88
    as on Mar 31, 2023
  • EBITDA
    $516.29 K (USD)
    -40.97
    as on Mar 31, 2023
  • Latest Funding Round
    $24 K (USD), Debt – Venture

    May 25, 2011

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    HyperShop

    & 1 more

  • Acquired by
    B. Riley Financial

    & 1 more

    (Oct 19, 2022)

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Products & Services of Targus

Targus offers a comprehensive portfolio of products and services, including Laptop Bags and Docking Stations.

Product name locked
Category locked
Primary

Laptop bags are provided for safe transportation of devices with ergonomic and protective features

Product name locked
Category locked
Locked

Docking stations are offered to enable integration with monitors and peripherals for enhanced functionality

Funding Insights of Targus

Investors in Targus

Targus has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, B. Riley Financial and Prospect Street.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt are provided across multiple sectors.
Locked Locked Locked
Private equity investment firm investing in the US
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Private equity investments are directed toward multiple sectors.
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Investor details for Targus

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Targus

Targus has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HyperShop and Sena Cases.

Investments
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Investment portfolio details for Targus

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
High-performance tech accessories for Apple users are designed and manufactured.
Locked Locked 2005 Locked
Designer and manufacturer of slim, functional, protective and luxurious full grain leather cases
Locked Locked 1999 Locked
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Complete acquisition details for Targus

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Financial Statements - Targus

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Detailed financials for Targus

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  • Profit trends
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Targus Comparisons

Targus Primary company
Description
Laptop bags, tablet cases, and docking stations are manufact...
Location
Anaheim, United States
Founded Year
1983
Annual Revenue
$3.09 M (USD)
Net Profit
$201.35 K (USD)
EBITDA
$516.29 K (USD)
Employees
Not available
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Peer comparison for Targus

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Competitors of Targus

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Detailed competitors of Targus

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Latest news on Targus

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Complete news archive for Targus

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Frequently Asked Questions about Targus

Targus was founded in 1983 and raised its 1st funding round 22 years after it was founded.

Targus is headquartered in Anaheim, United States. It is registered at Anaheim, California, United States.

Mikel Williams is the current CEO of Targus.

Annual revenue of Targus is $3.09M as on Mar 31, 2023.

Targus was founded in 1983 and is headquartered in Anaheim, United States. Operations focus on the design and production of protective cases for laptops and tablets, including basic sleeves and rugged variants. Docking stations for device connectivity are also developed. Products are distributed to consumers and businesses, with collections encompassing backpacks for work and leisure. The sector involves consumer electronics accessories.

Targus offers Laptop Bags and Docking Stations.

Targus has made 2 acquisitions, including HyperShop, and Sena Cases.

Targus has 5 investors. Key investors include The Carlyle Group, B. Riley Financial, Prospect Street, Saratoga Investment, and Fenway Partners.

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