Cybersecurity provider ctrl:cyber acquires Sydney-based consultancy elevenM

ctrl:cyber has acquired elevenM, a Sydney-based specialist cyber advisory, privacy, AI and data governance consultancy.

elevenM was founded in 2016 by Peter Quigley and has a team of 30 specialists.

The acquisition follows the recent addition of talent to Ctrl, with former Shelde founders joining to lead a specialist cyber engineering team, whose experience includes delivering capability at scale to Australia’s largest enterprise organisations operating in critical environments.

Steve Williams, CEO and founder of ctrl:cyber, said cyber risk today spans technology, data, privacy and increasingly AI, and organisations are looking for that to be addressed in a more connected way.

"The addition of elevenM brings deep expertise and complementary capability into the ctrl:cyber ecosystem – reflecting our clear focus on where client needs are heading, rather than where the market has been," he said.

Last year, Pemba Capital Partners took a 50 per cent stake in ctrl:cyber as the team sought a capital partner to accelerate its growth and solidify its status as a “top-tier cybersecurity provider”.

In June, ctrl:cyber appointed Peter Sherar as CFO to lead the company's financial strategy, investment planning, and commercial oversight, supporting the company’s continued expansion and long-term ambitions.