In a strategic move to expand its customer cyber security offerings, Spirit Technology Solutions, a leading cybersecurity business with a state-of-the-art Security Operations Center (SOC), announced today the acquisition of InfoTrust, a prominent cybersecurity practice with specialisations across assurance, governance, risk, compliance (GRC) and managed security services.
This acquisition marks a significant milestone for Spirit as it reinforces its commitment to providing comprehensive cybersecurity solutions for the Australian market and forging its position as a leader in the Australian cyber security market. By bringing together the advanced threat detection and response capabilities delivered through the state-of-the-art Security Operations Center (SOC), within Spirit’s cyber arm, Intalock, with InfoTrust’s Assurance and GRC services, the combined entity will bring compelling security value proposition to the market.
Spirit’s cyber division will now include a combined 600 customers, providing significant opportunity to deepen customer relationships with new services now available under the Spirit Group.
In a strategic move to expand its customer cyber security offerings, Spirit Technology Solutions, a leading cybersecurity business with a state-of-the-art Security Operations Center (SOC), announced today the acquisition of InfoTrust, a prominent cybersecurity practice with specialisations across assurance, governance, risk, compliance (GRC) and managed security services.
This acquisition marks a significant milestone for Spirit as it reinforces its commitment to providing comprehensive cybersecurity solutions for the Australian market and forging its position as a leader in the Australian cyber security market. By bringing together the advanced threat detection and response capabilities delivered through the state-of-the-art Security Operations Center (SOC), within Spirit’s cyber arm, Intalock, with InfoTrust’s Assurance and GRC services, the combined entity will bring compelling security value proposition to the market.
Spirit’s cyber division will now include a combined 600 customers, providing significant opportunity to deepen customer relationships with new services now available under the Spirit Group.
Key Highlights of the Acquisition:
Comprehensive Cybersecurity Solutions: The integration of Spirit and InfoTrust will result in a comprehensive suite of cybersecurity solutions, ensuring customers benefit from a holistic approach to threat management and compliance with access to a comprehensive SOC, offensive security and incident response enabling customers to prepare and respond rapidly to any breach.
Synergies in Secure Managed IT Solutions: The acquisition enables the unification of cutting-edge technologies and solutions from both entities, creating an end-to-end secure managed service platform that addresses the evolving digital workplace and threat landscape effectively.
Enhanced Governance and Compliance Offerings: InfoTrust's expertise in Governance, Risk Management, and Compliance will strengthen Spirit's portfolio, offering clients unparalleled support in navigating regulatory requirements and industry standards.
Expanded Team of Experts and Footprint: The merger brings together a combined 110 seasoned cybersecurity experts, from the talents of both organisations to provide clients with a wealth of knowledge and experience, with customers and expertise across the country.
Quotes:
Julian Challingsworth, Managing Director, and CEO of Spirit Group:
"This strategic acquisition aligns with our vision of becoming the go-to cybersecurity partner in Australia. By combining our SOC capabilities with InfoTrust's Assurance, GRC and product focus, we are positioned to deliver a completed and robust cybersecurity solution set that enables our clients to build robust defences against a cyber-attack and respond quickly to threats and attacks which are becoming more prevalent."
Simon McKay Co-Founder/CEO of InfoTrust:
"We are excited to join forces with Spirit to create a powerhouse in the Australian cybersecurity market. This merger enables us to combine Intalock’s world class Managed Security Services with InfoTrust’s leading GRC, Penetration Testing and Technology expertise and enable us to scale and deliver a comprehensive set of solutions to our clients, ensuring their security and compliance needs are met with the highest standards."
Dane Meah Co-Founder/Director of InfoTrust:
"I’m incredibly proud of what we’ve built at InfoTrust over the past 10 years. The business has never been in better shape achieving record growth over the past 2 years, thanks to the hard work of Simon and the whole team. Integrating InfoTrust with Spirit provides a platform to create an incredible cybersecurity powerhouse for many years to come. The best days are ahead, and we’re excited for what the future holds."
Additional Information:
Interested media representatives may contact Pattigrace Lupari for additional information or to schedule interviews.
About Spirit Technologies Solutions:
Spirit (ASX: ST1), a technology company delivering innovative solutions to help Australian businesses stay ahead of the curve by building a secure, sustainable, and scalable work environment. With a core focus on providing cutting-edge solutions to safeguard organisations against cyber threats through a state-of-the-art SOC, Spirit is dedicated to securing the digital future.
About InfoTrust:
Infotrust is a specialist cybersecurity provider with deep expertise in Assurance, Governance, Risk and Compliance (GRC) and Managed Security Services. With over 400 customers nationally, across SMB, mid-market and enterprise, InfoTrust is a truly trusted partner when it comes to achieving successful cybersecurity outcomes.
For media inquiries, please contact
Pattigrace Lupari
Senior Marketing Manager
Intalock Cyber Security
Pattigrace.lupari@intalock.com.au
