AFR: Quadrant PE scoops up Kiwi cybersecurity trio

March 30, 2023

Date: Mar 30, 2023

Source: Australian Financial Review


Cybersecurity’s the flavour of the month - just ask Latitude Financial Group, apartment giant Meriton or... Quadrant Private Equity.

Quadrant’s $530 million second growth fund has just cut cheques for three separate cybersecurity businesses in New Zealand, Quantum Security Services, ZX Security and Helix Security Services. The trio offers governance, risk and compliance, penetration testing, cloud security and cyber strategy advisory services.

Together, they have over 200 enterprise and government customers and the combined revenue has grown by more than 35 per cent over the last three years.

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