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TBS Group

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Integrated clinical engineering services to public and private hospitals and health and social care facilities

Trieste, ItalyFounded 1987Health Tech & Medtech
Valuation $100–250M Last recorded · 2012
Revenue $1–10M Latest reported FY
Total funding $10–50M Disclosed equity funding
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About TBS Group

In 1989, three former soldiers in Vietnam, Nguyen Duc Thuan, Cao Thanh Bich, and Nguyen Thanh Son, left military life with a new mission: to build a business. Fueled by a desire to see their country prosper on the world stage, they started with a bold idea to create a leather footwear company. This was the humble beginning of TBS Group. Their initial venture was a small sewing factory and workshop. The early days were challenging, but the perseverance learned in the military provided a strong foundation. The pivotal moment arrived in September 1992 when they officially established their first footwear factory. This move set them on a path from a small local producer to a key player in the global supply chain. Over the next decades, TBS Group expanded its manufacturing prowess, forging partnerships with major international brands like Skechers, Decathlon, and Coach. The company diversified its portfolio significantly, branching out from footwear and handbags into logistics, hospitality, and investment management. This strategic expansion solidified its position as one of Vietnam's largest international manufacturers, proving that a small workshop could indeed grow into a giant.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1987
Headquarters
Trieste, Italy
Open positions
None listed
Dealroom signal
19.0/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Facility Management, Hospital

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jan 2012 $22M $88M Fondo Italiano d'Investimento —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

TBS Group website traffic

Latest recorded traffic for TBS Group is 180 monthly website visits, down 94.4% over the last three months.

Latest monthly visits180 3-month web change-94.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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NNOVA AI TechnologiesDeveloped an AI-based automated documentation system to replace manual documentation of implants used during surgical operations Cork, Ireland Operational
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Fondo Italiano d'Investimento
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇮🇹 Italy · Trieste HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about TBS Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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