6clicks acquires TrustyGate in a significant cash and equity deal.
TrustyGate CEO and cybersecurity expert Andrew Robinson to lead cybersecurity division at 6clicks.
The next-generation 6clicks SaaS platform to be released shortly after completion of the deal, expected by 15 November 2019.
MELBOURNE, Australia — 6clicks and TrustyGate have today announced the planned merger of their business operations to offer a unified cybersecurity management and risk assessment platform for businesses and service providers. 6clicks will acquire the TrustyGate assets, people and customer contracts, and the merged business will operate under the 6clicks brand.
TrustyGate, founded in 2018, provides cloud-based software for companies to manage information assets, assess and treat risks, communicate policy guidance and manage performance. TrustyGate was designed to support organisations in the implementation of information security management systems to demonstrate compliance with standards such as ISO 27001 to support certification.
Its pedigree follows the experience of founder Andrew Robinson, an ISO 27001 Lead Auditor, IRAP Assessor and a recognised innovation expert in the Australian cybersecurity market.
“The integration of the TrustyGate technology platform and their highly experienced team build on the ability to deliver the market a single integrated offering for risk assessment, compliance mapping, remediation capability and a comprehensive information management system,” said 6clicks CEO Anthony Stevens.
“This deal aligns perfectly with our vision of creating trust, so businesses have the confidence to do more.”
“As risk assessment and compliance becomes an integral component of every company, and with a range of high-profile customers, the acquisition of TrustyGate supports the 6clicks strategy to become the pre-eminent SaaS platform for risk assessment, risk management and real-time, continuous compliance.”
According to Robinson, 6clicks’ acquisition of TrustyGate “provides a major growth opportunity for the merged businesses through an expanded product offering for our customers.”
“As organisations enhance their cybersecurity maturity, we will be best positioned to support them on that journey,” he said.
Robinson will join 6clicks as CISO and head of the 6clicks cybersecurity division.
The expanded business will serve enterprise and government organisations across Australia, and help advisers and auditors work more efficiently and effectively with their clients.
Australian law firm Lander & Rogers has already integrated 6clicks into its operations to streamline its cybersecurity risk and compliance processes. Chief Executive Partner Genevieve Collins said the firm is now “working closely with our lawyers to co-design risk solutions that promise profound benefits for our clients.”
“Most organisations have significant gaps in their ability to effectively audit and manage their cybersecurity compliance. 6clicks gives organisations the ability to move from reactive support to proactive, and eventually real-time control, quickly and cost-effectively,” said Stevens.
“Our goal is to be the leading platform for cybersecurity management, assessment and compliance globally. To get there, we are making user experience the central element to everything we do.”
Abbas Kudrati, Microsoft Asia’s Chief Cybersecurity Advisor and 6clicks board member, congratulated 6clicks on the deal, particularly the timing of it.
“This move by 6clicks will mean that 6clicks can even further support businesses and service providers to improve their cybersecurity posture. The timing is also great given the increasing cyber threat and complexity of cyber regulation that all businesses face,” he said.
6clicks is the leading software-as-a-service (SaaS) cybersecurity management and assessment platform in Australia. It has been focused on risk assessment, risk management and compliance since mid-2018, drawing on Stevens’ experience as Partner & Chief Digital Officer at KPMG. Since its inception, 6clicks is focused on meeting the unique demands of the maturing enterprise market and service providers.
More information about 6clicks is available at 6clicks.io.