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Corporation
COMPUTER HARDWARE & SERVICES | IT Services / IT Solutions & Software Development
efex.com.au

Partners & Customers

1

About EFEX

EFEX is an Australian company that develops and deploys managed print services, IT managed services, and hosted voice & data solutions. The company was founded in 2013 and is based in Balmain, New South Wales.

Headquarters Location

28a Montague Street

Balmain, New South Wales, 2041,

Australia

1300-376-347

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Latest EFEX News

Efex launches cybersecurity product, services package for SMBs

Oct 10, 2022

Efex launches cybersecurity product, services package for SMBs By Nico Arboleda on Oct 10, 2022 6:45PM Nick Sheehan (Efex) Managed services provider Efex has launched a cybersecurity products and services bundle aimed for businesses with 50 employees or less. Called Efex Cyber Essentials, the offering brings together cybersecurity products like endpoint protection and email filtering with services like a security audit, a 25/7 security operations centre, support and staff education. “We have packaged our team’s unrivalled expertise with the assessment strategies and technological fixes to make cyber-crime readiness a seamless experience for leaders wearing the ‘IT hat’ in our important SME sector,” Efex chief executive Nick Sheehan said. “The Optus breach has brought into stark relief the state of readiness for many firms in Australia. The pandemic has diverted the attention of boards and technology leaders to business continuity and operational flexibility. Now, all at once, they will need to pivot their focus. “Efex Cyber Essentials will allow them to accelerate their readiness process without diverting or competing for scarce resources. Boards, business leaders and business owners will be able to reassure their customers and other stakeholders that they have battened down the hatches in a single leap.” The bundle is based mostly on Microsoft’s security suite, along with some Kaseya products in the mix. Sheehan told CRN that Cyber Essentials will be the baseline product for all of Efex’s managed services clients moving forward. “For small and medium-sized customers, most of their issues would be involving their Microsoft 365 environment, so [Cyber Essentials] gives them that security layer around 365,” Sheehan said. “It’s managed - we turn it on for them, manage it for them, we give them monthly automated reporting on their licences and what’s going on. There’s also the upfront security audit, where customers are audited against the Essential Eight.” Sheehan added that no one else has productised or packaged up a similar offering for SMBs and Cyber Essentials would give customers something that’s actually tangible. “They don’t get it out there, especially those in regional Australia, where they think that because they’re regional, they are kind of exempt from having discussions about cybersecurity,” he said. “Secondly, cyber is just seen as a concept, so you need to boil it down to a bunch of products that you get, that people actually feel like it’s tangible and productised.” Sheehan said when you ask a business owner about cyber, most of them would talk about phishing or hacking and the like, but none of them could actually identify which products they could get to harden their business against those threats. “So that’s what we’ve tried to do,” he said. In addition to Cyber Essentials, Efex is also planning to launch a Cyber Standard offering, which comes with “other bits and pieces” on top for a more expensive price, according to Sheehan.

EFEX Acquisitions

5 Acquisitions

EFEX acquired 5 companies. Their latest acquisition was In Touch Office Technology on July 25, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/25/2022

$99M

Acquired

1

1/18/2022

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$99M

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10

2/3/2021

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$99M

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10

12/6/2019

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$99M

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10

6/26/2018

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$99M

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10

Date

7/25/2022

1/18/2022

2/3/2021

12/6/2019

6/26/2018

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

10

10

EFEX Partners & Customers

1 Partners and customers

EFEX has 1 strategic partners and customers. EFEX recently partnered with Red Piranha on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/13/2021

Partner

Australia

Date

4/13/2021

Type

Partner

Business Partner

Country

Australia

News Snippet

Sources

EFEX Team

3 Team Members

EFEX has 3 team members, including current Founder, Chief Executive Officer, Nick Sheehan.

Name

Work History

Title

Status

Nick Sheehan

Founder, Chief Executive Officer

Current

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Name

Nick Sheehan

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Work History

Title

Founder, Chief Executive Officer

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Status

Current

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