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Spirit Technology Solutions Ltd. ( (AU:ITS) ) has provided an announcement.
Infotrust has agreed to acquire Canberra-based consultancy Catalyst Cyber, accelerating its push into Federal Government and defence-aligned cyber security markets and bolstering its presence in regulated, high-assurance environments. Catalyst Cyber specialises in advisory, security engineering, incident response and assurance services for Commonwealth agencies, bringing established Federal Government relationships and security-cleared personnel that deepen Infotrust’s sovereign cyber credentials.
The deal, structured around a 5x EBIT multiple and a mix of cash and Infotrust shares with performance-based earnouts, is expected to add about $1.3 million in revenue and $0.3 million in underlying EBITDA to Infotrust’s second-half FY26 results and be earnings accretive from completion. By adding a consulting-led federal platform with strong governance, risk, compliance and framework expertise, Infotrust positions itself to pursue further inorganic cyber growth and expand its higher-margin, recurring services to government stakeholders.
The most recent analyst rating on (AU:ITS) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Spirit Technology Solutions Ltd. stock, see the AU:ITS Stock Forecast page.
More about Spirit Technology Solutions Ltd.
Infotrust Ltd is an Australian cyber-first technology services provider focused on delivering managed security, 24×7 Security Operations Centre, digital forensics and incident response capabilities. The company targets regulated and high-assurance environments, with a growing emphasis on Federal Government and defence-aligned cyber security markets, aiming to build higher-margin, recurring cyber services revenue streams.
Average Trading Volume: 28,002
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$85.58M
See more insights into ITS stock on TipRanks’ Stock Analysis page.

