Riverside-backed powerhouse Virtual IT buys Sydney cybersecurity biz
Riverside-backed powerhouse Virtual IT buys Sydney cybersecurity biz
Publish Date: 2026-04-06 01:57:00
Source Domain: www.afr.com
Using an unordered list, summarize the following article with between 4 and 8 key points. Dealmakers at The Riverside Company had extra cause to kick back over the Easter break as promotions flew like confetti and the team closed a significant bolt-on acquisition for portfolio company Virtual IT Group.The cybersecurity firm snapped up Sydney-headquartered rival Security Centric in the days leading up to the long weekend, Street Talk can reveal. The deal is slated to scale the managed services powerhouse into a $200 million-plus annual revenue business and expand its footprint. Virtual IT bought Auckland-based The Instillery last year for an undisclosed amount.Loading…
