Acquiring Company
Bastion Security Group
Acquired Company
Cythera
AustraliaMelbourneSecurityCyber SecurityNetwork SecurityCyber SecurityDescription
New Zealand cybersecurity firm Bastion Security Group is expanding into Australia by acquiring Melbourne company Cythera for an undisclosed sum. Together the companies will offer a broader range of cybersecurity services, and Bastion CEO Eugene Gibney called the deal a "coup for Bastion". The Australian Financial Review reported a $40 million price tag, and the transaction is expected to complete before the end of the year.
Who to call at Bastion Security Group, and when
When Bastion Security Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Bastion Security Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bastion Security Group, from your own LinkedIn network
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Frequently asked
Who acquired Cythera?
Cythera was acquired by Bastion Security Group, based in Australia. The deal was reported on October 21, 2026. Bastion Security Group is a New-Zealand headquartered company that provides full-service cyber security offerings to its customers. Bastion Security Group is privately held and operates in Security.
When did Bastion Security Group acquire Cythera?
Bastion Security Group's acquisition of Cythera was reported on October 21, 2026. New Zealand cybersecurity firm Bastion Security Group is expanding into Australia by acquiring Melbourne company Cythera for an undisclosed sum. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cythera do?
Cythera is a Melbourne-based cybersecurity company co-founded by Euan Prentice and Craig Joyce. It provides value-added security services to its clients. Its co-founder Euan Prentice will join Bastion's board. It is privately held, operating in Cyber Security, and is based in Melbourne.
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