Tesserent

What Tesserent does

Tesserent was an Australian cybersecurity company that delivered network security and managed security services to high-value organizations, with its primary focus on Australian federal government agencies accessed through its North Security division. The company built a practice around the Australian Signals Directorate's Essential 8 framework, providing consulting, integration and managed services for multi-year government cybersecurity programs. It complemented these professional services with a cybersecurity and IT training arm via ALC Training, which extended its reach across the Asia-Pacific region.

Tesserent's underlying technology stack was service-led — combining consulting methodologies (Essential 8 maturity assessments), integration of third-party security tooling, managed detection/response operations and training delivery — rather than a proprietary product platform. The company operated through a portfolio of acquired subsidiaries (Pearson Corporation, Claricent, Loop Secure, Secure Logic's managed security services business, North, Rivium, Blue Reef, ALC Group) that were integrated into its broader offering to expand capability breadth and government past-performance credentials. Revenue mechanics were B2B professional services sold via direct enterprise field sales to government and critical-infrastructure buyers, with no publicly disclosed pricing.

The company was publicly listed on the Australian Securities Exchange (ASX:TNT) before being acquired by Thales Group in August 2023, a transaction intended to strengthen Thales' IoT and cybersecurity capabilities across Australia and New Zealand. Following the change of control, Tesserent Cyber Services was absorbed into Thales' global cybersecurity services structure in September 2023, and Tesserent now operates as a wholly-owned subsidiary of the French multinational conglomerate.

Name

Tesserent

Legal name

Tesserent Limited

Website

https://tesserent.com

Company type

Public

Founded year

2015

Operating status

Acquired

Headcount range

251–500 employees

Short description

Tesserent was an Australian cybersecurity firm delivering managed security services, Essential 8 consulting, and cybersecurity training to Australian federal government agencies and Asia-Pacific clients, acquired by Thales Group in August 2023.

Ownership category

akta.pro rank

Product category

Managed Cybersecurity Services

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cybersecurity & Identity Consulting (BPAHAEAG)

akta.pro secondary industries

Endpoint Security Managed Services (EDR/XDR) (BPAEADAH), OT/ICS & Critical Infrastructure Cybersecurity Services (BPAKAHAN), Application Security & Secure Software (DevSecOps) (EDAOAIAK)

Keywords

• Managed security services
• Government cybersecurity
• Cybersecurity consulting
• Threat intelligence services
• Essential 8 compliance

Headquarters

HQ city

Camberwell

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Cybersecurity Solutions and Services: Tesserent generated revenue through providing cybersecurity solutions and services to government agencies, including consulting services, integration, and managed security services. The company operated through acquired subsidiaries including ALC Training (cybersecurity and IT training), North Security division (federal government cybersecurity), and specialized government cybersecurity practices.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Tesserent delivers cybersecurity solutions and managed security services to high-value organisations, with a strong focus on Australian federal government agencies through its North Security division. Offerings include Essential 8 compliance consulting, cybersecurity integration, managed security services, and multi-year government cybersecurity programs, supported by acquired subsidiaries including Pearson Corporation, Claricent, and ALC Training.

Product overview

Tesserent is a cybersecurity company offering a portfolio of services including government cybersecurity solutions through its North Security division, and cybersecurity education via ALC Training. The company operates primarily in the Australian federal government sector and the broader Asia-Pacific region, providing Essential 8 consulting services and multi-year cybersecurity programs.

Differentiator

Problem solved

Functional benefit

Brands

• North Security: Business division targeting federal government cybersecurity market with Essential 8 consulting services

Products and services

• North Security
• ALC Training Singapore

Quantifiable outcome

• Immediately earnings and cash flow positive from acquisitions

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Thales GroupcoreStrategic or Co-development Partner · 1 September 2023Tesserent Cyber Services was acquired by Thales in September 2023 as part of the broader integration of Tesserent's cybersecurity operations into Thales Group's global cybersecurity services structure.
• Thales GroupcoreStrategic or Co-development Partner · 1 August 2023France-based Thales Group acquired Australian cybersecurity provider Tesserent Ltd. in August 2023. The acquisition aimed to strengthen Thales' IoT security capabilities in Australia and New Zealand, integrating Tesserent's cybersecurity expertise into Thales' global security portfolio.
• ALC Training SingaporecoreStrategic or Co-development Partner · 17 March 2023ALC Training Singapore, a provider of cybersecurity and IT training, became part of the Tesserent Group as of March 17, 2023. This expanded Tesserent's capabilities and resources in cybersecurity education across the Asia-Pacific region.
• Pearson Corporation Pty LtdcoreStrategic or Co-development Partner · 7 December 2021Tesserent acquired Pearson Corporation Pty Ltd in December 2021 as part of strategy to strengthen position in federal government cybersecurity market. The company was integrated into Tesserent's North Security business division.
• Claricent Pty LtdcoreStrategic or Co-development Partner · 7 December 2021Tesserent acquired Claricent Pty Ltd in December 2021 to expand cybersecurity capabilities for the federal government sector. The company was integrated into Tesserent's North Security business division targeting government agencies.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Sekuro: Australian-headquartered cybersecurity services and consulting firm serving enterprise and government clients in APAC. Comparable as a domestic ANZ peer focused on consulting and managed security, at smaller scale than Tesserent.

Direct peers

• CyberCX: Australia and New Zealand's largest dedicated cybersecurity services provider, offering MSSP, consulting, and managed detection services across government and enterprise. Highly comparable to Tesserent on geography, service mix, and target customer base.
• Booz Allen Hamilton: Global consulting firm with a substantial federal cybersecurity and defense advisory practice. Comparable to Tesserent's North Security division in delivering cybersecurity consulting to government clients under multi-year engagements.
• Trustwave: Global cybersecurity services firm providing managed security, consulting, and threat intelligence. Comparable service portfolio and MSSP-led business model.
• Secureworks: Global pure-play MSSP offering managed detection and response, threat intelligence, and consulting. Comparable in MSSP service model, though with global rather than ANZ geographic concentration.

Broad incumbents

• DXC Technology: Large global IT services and cybersecurity provider with significant ANZ and federal government exposure. Comparable as a broad incumbent offering cybersecurity consulting and managed services at greater scale.
• BAE Systems: Global defense and cybersecurity company with government-focused digital and intelligence services. Comparable as a defense-oriented cybersecurity services player serving sovereign customers, similar to the Thales-Tesserent positioning.
• Leidos: Large US federal government IT and cybersecurity systems integrator. Comparable in delivering integrated cybersecurity solutions and managed services to government agencies, with broader scale across defense and intelligence customers.
• SAIC: US federal IT and cybersecurity services provider serving defense, intelligence, and civilian agencies. Comparable business model of long-cycle, multi-year government cybersecurity engagements.
• Atos: European-headquartered IT services group with cybersecurity consulting and managed services capabilities serving government and enterprise clients. Comparable as a broad incumbent in government and critical-infrastructure cybersecurity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/search
• LinkedInlinkedin.com/company/tesserent

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tesserent