International Track 200

Founded in Cardiff in 1979, this firm offers business process outsourcing and develops software for retail and investment banks, insurers and finance brokers, enabling them to manage their accounts. Clients include Barclays, Credit Suisse and Santander. Target Group’s first overseas market was mainland Europe. It then moved into New Zealand and Australia in 2007 after buying Harlosh, an insurance-software developer, which has helped to boost international sales by 95% a year, from £1.1m in 2008 to £4.3m in 2010, under executive chairman Grant Hawkins.

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Company details
Year2011
Rank30
CompanyTarget Group
ActivityFinancial software developer
LocationCardiff
2-yr av intl sales growth pa94.62%
International sales £000s*4,280
Total sales £000s*26,071
Staff374
Founded1979
Websitewww.targetgroup.com

If applicable:

* Supplied by company † Annualised figure