Australian systems integrator Brennan has secured a strategic investment from Macquarie Group’s principal investment arm, Macquarie Capital Principal Finance, to support its next phase of growth through acquisitions and continued organic expansion.
The investment marks a significant milestone for the privately held company, which has operated for 28 years and grown revenue at an average annual rate of 21.5 per cent. Brennan employs more than 1,000 staff and delivers IT services across cloud, cybersecurity, automation and managed services to government and enterprise customers.
Founder and Managing Director Dave Stevens will remain in his role and retain a majority shareholding following the transaction.
Stevens said the investment would support Brennan’s strategy to expand sovereign technology capabilities and pursue larger government and private sector contracts, while also creating optionality for international expansion.
Brennan Chair Brendon Cook said the investment strengthened the company’s balance sheet and supported its evolution from a managed services provider into a large-scale sovereign systems integrator.
Macquarie’s backing is expected to accelerate Brennan’s acquisition program and support further investment in AI-driven, automated and cybersecurity-focused solutions, as Australian organisations increase their focus on sovereign capability, resilience and security.
Financial terms of the investment were not disclosed.
