TrueStar Group SpA
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
TrueStar Group SpA - overview
Established
1999
Location
Gallarate, VA, Italy
Primary Industry
Travel & Leisure
About
TrueStar Group SpA is an Italian firm specializing in security services for the airport sector, focusing on secure baggage handling and operational efficiency to enhance passenger safety and streamline travel processes. Founded in 1999 in Gallarate, Italy, TrueStar Group SpA specializes in security solutions for airports. The company has engaged in two significant deals, with its most recent transaction occurring on September 5, 2018. TrueStar Group was founded by Fabio Talin, who has a history of developing security-focused enterprises.
TrueStar Group SpA offers specialized security services and products for the airport industry, including secure baggage handling solutions that prioritize passenger safety and operational efficiency. The company caters to various clients, including airport authorities and airlines, with services marketed across international airports in Europe, North America, and Asia. In 2023, TrueStar Group reported a revenue of USD 3. 67 mn and an EBITDA of USD 889,302.
The company generates income through B2B contracts with airports and airlines, focusing on long-term relationships that include service agreements and performance incentives tied to operational efficiency. TrueStar Group plans to leverage recent strategic initiatives to enhance its market presence. The company aims to introduce new security product lines targeting the aviation sector by 2024. Additionally, there are plans to expand operations into emerging markets in Eastern Europe and Asia by the end of 2025.
The recent funding round, finalized in September 2018, is expected to support these growth efforts by enhancing product development and market penetration initiatives.
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism
Website
www.truestargroup.com
Total Amount Raised
Subscriber access only
TrueStar Group SpA - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | TrueStar Group SpA | - | ||||||||
| Buyout | Completed | TrueStar Group SpA | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.