The club promoted to the first league in 1992. Târgoviște won its first national championship in 1995 and since then the team has won nine more championships. In 2010 it reached the Eurocup's Quarter-finals after beating MBK Ružomberok and CB Islas Canarias in the knockout stages, ending the competition after losing dramatically to Dynamo Kursk (75-57 and 55-76).
The club has gone through several name changes during its existence, including Oțelinox, Livas Metaco, Oțelul Livas, Livas, Livas Petrom, Biandra, Municipal, MCM Târgoviște, BC Municipal MCM and currently CSM Târgoviște.