One other of Australia’s current IT consulting and companies roll-ups – Canary Expertise Options – is making strikes out there, buying its second enterprise this month: Layer 8 Safety.
Based mostly out of Brisbane, Layer 8 specialises in cybersecurity consciousness for the monetary companies sector. The corporate was acquired by managed companies supplier Wyntec in 2022, which was purchased by Canary earlier this month.
Canary itself was fashioned in 2022 following the rebranding of Sydney-based IT Seek the advice of below the only umbrella with recent acquisitions Diversus Group and BCPrise, creating a brand new enterprise with mixed revenues of $25 million.
“We’ve a measured development technique that sees us proceed the natural development of the important thing pillars of Canary, whereas additionally actively exploring further enlargement alternatives through the merger or acquisition of different Australian channel companies,” IT Seek the advice of co-founder and Canary CEO Steve Parsonage stated on the time. “It’s ‘sport on’ for Canary, and we’re solely simply getting began.”
Wyntec
Canary, which has a present service portfolio protecting cloud & information, cybersecurity, managed IT companies, and retail options together with ERP, is now delivering on that promise, with the addition of Wyntec earlier this month and now its subsidiary Layer 8. The previous was based by Tom Freer in 2010, whereas the latter has been working for nearly as lengthy, becoming a member of Wyntec in 2022.
“This acquisition is a strategic transfer to extend our presence in Queensland and additional improve our managed IT companies capabilities,” Parsonage stated of the Wyntec deal in the beginning of the month. “By bringing collectively our experience and assets, we’re taking a major step in direction of our imaginative and prescient of delivering smarter, extra responsive IT options for companies throughout Australia.”
Layer 8
As to its newest addition, ARN stories that the deal will see Canary’s total headcount climb to above 65, however that Layer 8 will proceed to function below its personal model. The publication additionally instructed one main attraction for buying the human threat administration and cyber schooling agency was its immersive Cyber Escape Room coaching providing, which is hosted each just about and on website.
“Collectively, we will provide shoppers not only a service however a singular cybersecurity expertise that transforms studying into tangible motion. This partnership reinforces our mission to create empowered, cyber-aware workplaces,” stated Freer, who has now swapped his Wyntec and Layer 8 chief govt position to turn out to be Canary’s common supervisor for managed companies.
Drawing parallels to the early detection of threats to information and techniques, Canary’s identify was impressed by the previous coal-mining observe of taking the fowl down into the shafts as an indicator of toxic gases. The agency now has shops in Sydney, Melbourne and Brisbane and serves shoppers within the retail & shopper, monetary companies, and authorities sectors amongst others.
