The capital will enable Orro to continue to execute its growth strategy
SYDNEY: Orro, one of Australia’s leading platform-enabled secure network and digital infrastructure providers today announced it received funding from Macquarie Capital, supporting the business in its continued growth and innovation initiatives.
The $150 million funding package includes a combination of debt and a small equity stake in the company, enabling Orro to continue to execute its growth strategy, while allowing private equity partner, Liverpool Partners, to maintain ownership of the company.
Rodd Cunico, Chief Executive Officer at Orro says, “The support of Macquarie Capital alongside Liverpool Partners signifies our value as a business, celebrates our successes, and allows us to continue on our strategic path. It’s an exciting time as we look forward to accelerating our growth plans.”
“Orro is quickly becoming an industry leader in secure IT network services, providing customers around Australia with innovative and effective solutions. With this additional support we will continue to build on the capacity of the group, strengthening existing capabilities and securing additional acquisitions to broaden the company’s offering,” Mr Cunico said.
Since its launch in 2021, Orro has acquired eSecure and RIOT Solutions, now combining six IT companies delivering cyber security services, as well as a new generation of secure network and digital infrastructure solutions, tailored to the specific needs of each customer.
With operations across fast-growing technology areas, strong partnerships and more than 500 customers, including Australia Post, Qantas, Flight Centre, and QBE, Orro’s technologies deliver greater efficiency, performance, agility and resilience.
For more information about Orro please visit www.orro.group
