Security Centric Pty Ltd

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Security Centric Pty Ltd - overview

Established

2012

Location

Sydney, NSW, Australia

Primary Industry

IT Security/Cybersecurity

About

Based in Australia, Security Centric is a cybersecurity firm that offers tailored solutions to enhance organizational security processes and compliance, focusing on proactive risk management and technology integration. Founded in 2012 in Sydney, Australia, and founded by Sash Vasilevski and Security Centric specializes in cybersecurity solutions. The firm has undergone strategic pivots to enhance its service offerings, positioning itself as a key player in the cybersecurity sector. Security Centric has participated in 1 investment deal, with the most recent deal occurring on April 12, 2026.


Security Centric specializes in providing comprehensive cybersecurity solutions designed to streamline the security processes of organizations. Their core offerings include tailored security assessments that evaluate organizational maturity across various domains, including people, processes, and technology. Clients benefit from a modular library of pre-configured frameworks, policies, and technologies that allow for rapid deployment and integration into existing systems, thereby avoiding significant capital investments associated with traditional security programs. The firm emphasizes proactive vulnerability management, technical assessments, and staff training programs to address specific risks such as ransomware and compliance with standards like ISO 27001 and PCI DSS.


Security Centric serves a diverse range of industries and sectors, delivering its services primarily within the Australian market but is also equipped to support clients in broader international markets. The revenue generation model of Security Centric is primarily structured around B2B transactions, where services are offered on a subscription basis or through one-time engagements for specific projects. Clients engage the firm for ongoing security support, assessments, and compliance services, typically entering into contracts that outline the scope, duration, and pricing of the services provided. Security Centric may offer tiered pricing plans based on the complexity and range of services selected, allowing clients to choose from basic assessments to comprehensive cybersecurity solutions tailored to their needs.


Specific flagship services include proactive vulnerability monitoring and remediation, which are critical for organizations seeking to bolster their cybersecurity posture. As clients continue to navigate evolving threats, Security Centric's business model is designed to foster long-term partnerships, ensuring sustained revenue flow through value-added services. In April 2026, Security Centric was acquired by Virtual IT Group Pty Limited, a portfolio company of The Riverside Company. This acquisition is expected to enhance Virtual IT Group's capabilities and accelerate growth.


The firm plans to leverage this acquisition to expand its offerings and explore new product developments aimed at enhancing cybersecurity solutions. This strategic move is anticipated to facilitate entry into new geographic markets, broadening its reach beyond Australia. The recent funding from this acquisition will support the development of innovative services and solutions, aiding in the firm's growth trajectory.


Current Investors

Virtual IT Group Pty Limited

Primary Industry

IT Security/Cybersecurity

Sub Industries

Consulting Services, Education & Training Services, IT Security/Cybersecurity, Monitoring & Security Software

Website

www.securitycentric.com.au

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Security Centric Pty Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSecurity Centric Pty Ltd-

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