Tatuus Racing S.p.a.

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Tatuus Racing S.p.a. - overview

Established

1980

Location

-, -, Italy

Primary Industry

Automobiles, Other Vehicles & Parts

About

Tatuus Racing S. p. a. specializes in the design and manufacturing of high-performance racing cars, primarily serving the motorsport industry with precision-engineered vehicles for various racing categories.


Founded in 1980 in Italy, Tatuus Racing S. p. a. designs and manufactures racing cars, focusing on single-seater vehicles for competitions like Formula 4 and USF2000.


The company was fully acquired by The Equity Club and its management in May 2023 from Wise Equity, allowing it to enhance its growth through technology and innovation. Artico Sandona, the founder, has a background in automotive design and has previously contributed to the development of racing technologies. Tatuus has completed 2 significant deals, with the most recent occurring in May 2023. Tatuus specializes in the design and manufacturing of high-performance racing cars, catering primarily to the motorsport industry.


Their core product offerings include single-seater racing cars, tailored for various racing categories such as Formula 4, GB3, and USF2000. Each model, including the T-318, T-421, and MSV-GB3-025, is engineered with precision to optimize performance on racetracks, enabling drivers to enhance their skills and compete effectively. Tatuus serves a diverse clientele that includes racing teams, championship organizers, and drivers across global markets such as Europe, North America, and Asia, ensuring a comprehensive solution from design through to after-sales support. In 2023, Tatuus generated a revenue of USD 31.


95 mn, with an EBITDA amount of USD 3. 05 mn. The company primarily earns revenue through the sale of its racing cars, which are purchased by professional teams and racing organizations for competitive use. The pricing structure varies based on the model and specifications, with flagship products like the T-421 and MSV-GB3-025 being significant contributors to their revenue streams.


Tatuus also engages in partnerships with racing championships to provide vehicles and support services, further solidifying its financial foundation within the motorsport ecosystem. Tatuus Racing S. p. a.


plans to leverage recent funding from its acquisition in May 2023 by investing in technology, innovation, and performance advancements. The company is also focusing on developing new racing car models and aims to expand its presence in global markets, particularly targeting regions in Asia and North America by 2024. This strategic direction reflects Tatuus's commitment to enhancing its offerings and increasing its market share in the competitive racing sector.


Current Investors

Wise Equity

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.tatuus.it

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Tatuus Racing S.p.a. - timeline of key events

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Tatuus Racing S.p.a. - financials

Fiscal Year EndedDec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)5,011,7834,246,2355,417,6365,300,0668,372,8919,380,1139,843,3636,732,1549,941,35817,806,84610,299,14317,176,451---
% Revenue Growth (YoY)-(15.3%)27.6%(2.2%)58.0%12.0%4.9%(31.6%)47.7%79.1%(42.2%)66.8%---
EBITDA (USD)824,226482,540494,477424,336415,087932,4142,082,302(358,569)688,9632,068,5421,403,5292,536,820---
Operating Income (USD)395,247299,988320,375239,998195,973710,1451,880,054(566,888)466,4401,838,1791,182,9812,232,157---
Operating Margin7.9%7.1%5.9%4.5%2.3%7.6%19.1%(8.4%)4.7%10.3%11.5%13.0%---
% EBITDA Margin16.4%11.4%9.1%8.0%5.0%9.9%21.2%(5.3%)6.9%11.6%13.6%14.8%---
NET Income (USD)163,714157,753148,19197,671131,762395,7141,324,223(580,569)336,1901,259,970851,2231,586,888---
% Net Margin3.3%3.7%2.7%1.8%1.6%4.2%13.5%(8.6%)3.4%7.1%8.3%9.2%---

Tatuus Racing S.p.a. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedTatuus Racing S.p.a.-
Add-onCompletedBreda Racing Srl -
Add-onCompletedAutotecnica Motori-
BuyoutCompletedTatuus Racing S.p.a.-

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Tatuus Racing S.p.a. - employee data

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