Brennan to acquire Canberra-based cybersecurity specialist CBR Cyber

Brennan has entered into a formal agreement to acquire Canberra-based cybersecurity, connectivity and cloud specialist CBR Cyber.

In addition to strengthening Brennan’s cyber security capabilities, the acquisition will expand its national footprint and bolster its credentials across all levels of government.

Brennan intends to fully integrate the CBR Cyber management and team into its business on completion of the deal, which is expected in approximately four weeks.

Brennan’s founder and managing director Dave Stevens stated that CBR Cyber had earned a “formidable reputation as a proven, dependable, and trusted consulting, engineering, and cybersecurity partner to public sector agencies at all levels.”

“This agreement will not only add to Brennan’s strong organic national growth, but it also puts us firmly at the heart of the nation’s capital, enabling us to better drive tangible outcomes and deliver true performance for key national organisations,” Stevens stated.

“For Brennan, an anchor in the nation’s capital opens up exciting opportunities, and for the wider market it signals our strong belief in the value and importance of a sovereign owned and operated systems integrator.”

CBR Cyber managing director Andrew Weir stated that the business was excited to be joining Brennan to realise more growth opportunities and enhance customer outcomes.

“In just four years, we’ve established a strong foothold in Canberra, fuelled by ambition and an unwavering commitment to customer success,” Weir stated.

“By joining Brennan, it will strengthen our ability to deliver even more value, giving customers access to a broader portfolio of solutions designed to drive their business forward.”

Founded in 2020, CBR Cyber appeared in the last two Fast50 awards, which recognises the fastest-growing Australian technology partners based on year-on-year revenue growth. It reported revenue of $54.9 million in the 2024 financial year – a 256 per cent increase compared with previous financial year.

Helping drive that impressive increase in revenue were wins with multiple large federal government customers undertaking network refreshes. In 2024, CBR Cyber also told us about having launched a cyber assurance business unit, along with Governance, Risk and Compliance (GRC) services and IRAP services. It listed Juniper Networks as its top vendor in FY24.

The company’s secure networking practice “really took off” in FY 2023, Weir told us in December that year.

“There was of a lot of cybersecurity focus there, but…we’ve got a very strong secure networking practice, so the fact that we had that maybe differentiates ourselves from our competitors.”

At the time, Weir told us: “As we mature the company, what we really want to do is build out our offerings and service catalogue to become a full-service cybersecurity company, such as our larger competitors say they are.”

The purchase of CBR Cyber will be Brennan’s fifth acquisition in four years. It acquired South Australian MSP Nuago in 2024, MOQ Limited and Sydney-based IT consultancy Clade Solutions - both in 2022 - and Newcastle IT and communication services provider Forsythes Technology in 2021.