efex has acquired full-service managed cybersecurity services provider Datcom.
The deal is efex’s fifth acquisition in the past 18 months, further cementing its aggressive and targeted growth strategy.
Established in 1997 by Jay Sayed, Datcom is a cybersecurity services leader and trusted partner of many Australian organisations. As the rate of cybersecurity incidents increases, investing in innovative solutions that deliver protection, resilience and continuity for organisations is essential.
This acquisition expands efex’s capabilities to support high performing, mid-market businesses in capital cities and rural and regional locations. Honing the expertise of Datcom, efex said it will deliver a more extensive managed services offering to Australian and New Zealand clients with specialisation in professional services, education, healthcare, mining & local government.
Led by Founder and CEO Nick Sheehan, this focus has seen efex grow into a national technology services specialist with a client book of more than 7500 customers, operating from 22 locations across Australia and New Zealand.
Nick Sheehan said: “Strengthening efex’s cybersecurity offering has been a priority for efex in the wake of increased cyber breaches and breach attempts. 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.
“efex clients choose us to ensure their systems and platforms are market-leading and can stand up to increasingly sophisticated and relentless cyber breach attacks. Acquiring Datcom, a recognised leading provider, ensures we satisfy that priority for all our clients.
“The Datcom team are experts in this highly complex and continuously evolving landscape, which is increasingly difficult for businesses to navigate. Our integration will deliver more sophisticated cybersecurity support for our clients across the Trans-Tasman, leveraging advanced automation and in-depth threat analysis to help our clients identify vulnerabilities and build more resilient systems,” said Mr Sheehan.
In 2024 alone, efex made four acquisitions, including Adelaide based Aish IT, Canberra based Wyscom, Geelong based Worldmark Corporate Consulting, and medical IT solutions business Medihost.
In the coming months, Datcom and efex said they will prioritise the seamless integration of both businesses. Datcom will operate under the efex brand and will retain its existing team, led by Rube Sayed.
