efex strengthens cyber security play with Datcom acquisition

IT managed services provider, efex has acquired managed cyber security services provider Datcom. 

The deal marks efex’s fifth acquisition in the past 18 months, further cementing its aggressive and targeted growth strategy.

Established in 1997 by Jay Sayed, Datcom specialises in cyber security services including delivering strategic guidance, bespoke infrastructure support and supporting the ongoing management of operations.

Datcom will operate under the efex brand and will retain its existing team of specialists, led by Rube Sayed.

The acquisition expands efex’s capabilities to support high performing, mid-market businesses and deliver a more extensive managed services offering to Australian and New Zealand clients with specialisation in professional services, education, healthcare, mining and local government.

Led by founder and CEO Nick Sheehan, efex has grown into a national technology services specialist with a client book of more than 7500 customers, operating from 22 locations across Australia and New Zealand.

“Strengthening efex’s cyber security offering has been a priority for efex in the wake of increased cyber breaches and breach attempts,” Sheehan said. 

“This is not surprising as the most recent data from the Office of the Australian Information Commissioner (OAIC) shows there were more than 500 notifiable breaches for Australian businesses in a six month period.

“The Datcom team are experts in this highly complex and continuously evolving landscape, which is increasingly difficult for businesses to navigate.

Sheehan said the integration of the two businesses will aim to deliver more sophisticated cyber security support for Trans-Tasman clients, leveraging advanced automation and in-depth threat analysis.

In the past year efex made four acquisitions, including Adelaide-based Aish IT, Canberra-based Wyscom, Geelong-based Worldmark Corporate Consulting, and medical IT solutions business Medihost. 

This rapid expansion demonstrates efex’s commitment to its aggressive and targeted growth strategy, strengthening its geographical presence in new states and territories while expanding its managed service offering.