Targa Telematics

Located in Treviso, Targa Telematics (“Targa”) was established in 2006 and is the leading Italian player in the telematics and mobility sector focused on large fleets. Within the mobility ecosystem, Targa focuses on B2B value-accretive software applications to manage large fleets, delivering tangible value-add to its 850+ blue chip customers. Its customers include mainly leasing companies, vehicle rentals, insurance companies, corporates, and OEMs. Targa’s solutions enable clients to maximise vehicle value preservation and optimise their fleets, with applications ranging from stolen vehicle recovery and cost monitoring to driver authentication (e.g., for car sharing clients), as well as enabling driving style predictions for risk prevention and premium optimisation purposes (e.g., for insurance clients).

Targa has a market-leading technology platform – with flexible software solutions, fully cloud-based, hardware agnostic, and easily scalable. Targa runs a subscription-based SaaS revenue model, which is recurring in nature and provides substantial topline visibility. With an industry track record of over 20 years, the company has proven its ability to acquire, retain and further penetrate new customers. Targa is positioned at the intersection of various customers and end-markets that are seeing increasingly high telematics penetration, with significant opportunities for continued organic expansion.