Calian Group Acquires Secure Technologies to Enhance and Expand its Growing Cyber Security Practice

Calian Group Ltd (TSX:CGY) announced that it has acquired Secure Technologies International, a Canadian IT and cyber security firm that the company believes will strategically expand and strengthen Calian’s cyber security solutions.

As quoted in the press release:

Based in Ottawa, Ontario, Secure Technologies is an award-winning provider of world-class cyber security solutions such as those from McAfee, Forcepoint, Fortinet and Gemalto. The company was one of the first in Canada to offer an integrated approach to securing computer and communications networks.

“This acquisition strengthens Calian’s position as an expanding cyber security solutions provider serving a high-growth market,” stated Sandra Cote, Vice President, Calian IT Professional Services (Calian ITPS). “For the public and private sectors, the big story is resilience. We all know that governments, communities and companies are focused on resilience when it comes to emergencies but, too often, we see that cyber resilience is missing as part of those plans and procedures.”

Calian’s Cyber Resilience Office offers organizations cyber security solutions as part of broader resilience planning. Calian’s robust cyber solutions include technical support, integration, training and products.

“We were impressed by Calian’s brand, expertise and national market presence,” said David Tucker, CEO, Secure Technologies. “I’m excited to realize the tremendous potential of combining Calian’s IT and cyber talent with Secure Technologies’ recognized skills and experience.”

Added Ned D’Antonio, Director of Canadian Channels, McAfee: “We were very pleased to hear that our longstanding partner, Secure Technologies International, is joining forces with Calian. Calian’s extensive experience in professional services, supported by Secure Technologies’ deep knowledge of McAfee, will improve adoption and help keep networks safe from malware and emerging online threats.”

“With annual revenues of approximately $6 million to $8 million, we expect this acquisition to be EBITDA accretive from day one,” stated Jacqueline Gauthier, Chief Financial Officer, Calian. “Secure Technologies’ results will be consolidated and reported as part of Calian’s Business and Technology Services (BTS) Division.”

“This is an exciting acquisition which aligns with the pillars of service line evolution and customer diversification within our Four Pillar Growth Strategy,” said Kevin Ford, President and CEO of Calian. “Secure Technologies’ expert cyber team and strong foothold in the market will help to accelerate our cyber sales growth and support synergies across our cyber, training and emergency management services.”

Click here for the full text release.