Security consultants Infotrust (ASX: ITS) have made a strategic move to expand its Australian government business opportunities with the acquisition of Canberra-based cybersecurity consultancy Catalyst Cyber.
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On current numbers, the estimated completion consideration for FY26 is ~$5 million, comprising ~$3.5M in cash and ~$1.5M in Infotrust shares.
InfoTrust’s managing director and CEO, Julian Challingsworth, said the acquisition strengthens the company’s position in regulated and high assurance environments, complements its existing managed security, 24/7 security operations centre, and digital forensics and incident response offerings.
“Catalyst Cyber brings a highly experienced team, strong customer relationships and deep domain expertise that complement our existing cybersecurity services and extend our capabilities to Federal gov’t customers. Subject to completion, the transaction strengthens our position as a sovereign cybersecurity provider and supports our long-term growth strategy,” Mr Challingsworth said.
The Infotrust boss told shareholders the move supports the company’s objective of delivering higher margin, recurring cyber security services, particularly to federal government customers and meets Infotrust’s strategic vision to be Australia’s leading cyber-first technology services provider.
Australian-owned Catalyst Cyber operates a consulting-led model focused on regulated and high assurance environments, delivering cyber security advisory, security engineering, incident response and assurance services aligned with commonwealth government requirements.
It’s established federal government customer relationships, security cleared personnel, and specialist capability across governance, risk and compliance, security architecture, incident response, and assurance services, including IRAP, Essential Eight, and other commonwealth security frameworks.
“Catalyst Cyber has deep capability across cyber security advisory, security engineering, incident response and assurance services, and is led by a highly experienced and credentialled executive team, headed by George Katavic, who brings more than 20 years of specialist cyber security management experience.”
Sydney-headquartered Infotrust is a leading sovereign cyber security and managed technology provider, supporting organisations to stay secure, compliant and connected through integrated services and resilient technology solutions.
ITS is steady at 45cps today.
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