efex
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efex - overview
Established
2013
Location
Sydney, NSW, Australia
Primary Industry
IT Infrastructure
About
Based in Sydney, Australia, and founded in 2013, Thinkex Holdings Pty. Ltd. , trading under the name EFEX Group, operates as a technology services provider. Nick Sheehan is the founder and serves as the CEO of the company as of 2021.
In April 2026, efex, a portfolio company Advent Partners, acquired Priority 1 IT Pty Ltd. The company provides progressive managed technology services to business owners. Its solutions include IT managed services, voice and data, IT and data security, cloud solutions, managed print services, and Jet IT. efex generates revenue by providing recurring managed IT services, cybersecurity, cloud solutions, unified communications, hardware provisioning, and technology consulting to small, mid‑market, and enterprise customers.
The acquisition of Priority 1 IT Pty Ltd in April 2026 will help efex for expanding through aligned managed services businesses that strengthen its geographic footprint, deepen sector capability and create greater value for customers. It also builds on efex’s growing presence in healthcare and medical IT.
Current Investors
Alceon Group
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, IT Security/Cybersecurity, Monitoring & Security Software, Systems Management Software
Website
www.efex.com.au/
Verticals
Cloud Computing, Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
efex - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Priority 1 IT Pty Ltd | - | ||||||||
| Add-on | Completed | Compusult Pty Ltd | - | ||||||||
| Secondary Buyout | Completed | efex | - | ||||||||
| Add-on | Completed | Datcom Cloud Pty Ltd | - | ||||||||
| Add-on | Completed | Medihost Solutions Pty Ltd | - |
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