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SYDNEY, April 8, 2026 /PRNewswire/ -- Virtual IT Group (VITG) today announced the acquisition of Australian cybersecurity consultancy Security Centric, expanding its security capability at a time when mid-market organisations across Australia and New Zealand are facing a sharp rise in both the frequency and sophistication of cyber threats.
With origins in defence and federal government, Security Centric brings expertise in managed detection & response, GRC & advisory, security engineering and technical assurance. Its team will join VITG's expanding security practice, forming a combined group of approximately 45 cybersecurity specialists. This strengthens VITG's 24/7 ANZ Security Operations Centre (SOC), automation platform, and end-to-end security offering.
The partnership strengthens customer outcomes by deeply integrated technology and cyber functions normally available only to large enterprise teams.
Sash Vasilevski, CEO of Security Centric said, "Our customers will see continuity with meaningful uplift. The same trusted team will now be supported by deeper engineering capability, automation expertise, and national reach."
Vasilevski will step into the role of Chief Security Officer (CSO) on VITG's executive team.
VITG is an Australian founded MSP and MSSP with ten offices across Australia and New Zealand. It has more than 400 employees, supporting mid-market organisations and their business systems, helping them to stay stronger and more secure, as they face increasing technology complexity, security threats and rapid AI adoption.
The acquisition also reinforces a shared mission to help customers stay ahead of fast evolving threats.
Maurice McCarthy, CEO at VITG said, "Mid-market organisations across ANZ are being hit harder and more often by increasingly sophisticated cyber threats. Security Centric brings exceptional capability and a pragmatic, customer-first mindset that aligns strongly with VITG's vision. Together, we will deliver scalable, security-led outcomes that give customers confidence and resilience in a rapidly changing environment."
About Virtual IT Group
Virtual IT Group is one of the fastest growing mid-market technology and cybersecurity providers in Australia and New Zealand. With scale, reach, and proven expertise, we deliver end-to-end managed IT and security services making our client's business systems stronger, safer and simpler every day.
www.vitg.com.au
SYDNEY, April 8, 2026 /PRNewswire/ -- Virtual IT Group (VITG) today announced the acquisition of Australian cybersecurity consultancy Security Centric, expanding its security capability at a time when mid-market organisations across Australia and New Zealand are facing a sharp rise in both the frequency and sophistication of cyber threats.
With origins in defence and federal government, Security Centric brings expertise in managed detection & response, GRC & advisory, security engineering and technical assurance. Its team will join VITG's expanding security practice, forming a combined group of approximately 45 cybersecurity specialists. This strengthens VITG's 24/7 ANZ Security Operations Centre (SOC), automation platform, and end-to-end security offering.
The partnership strengthens customer outcomes by deeply integrated technology and cyber functions normally available only to large enterprise teams.
Sash Vasilevski, CEO of Security Centric said, "Our customers will see continuity with meaningful uplift. The same trusted team will now be supported by deeper engineering capability, automation expertise, and national reach."
Vasilevski will step into the role of Chief Security Officer (CSO) on VITG's executive team.
VITG is an Australian founded MSP and MSSP with ten offices across Australia and New Zealand. It has more than 400 employees, supporting mid-market organisations and their business systems, helping them to stay stronger and more secure, as they face increasing technology complexity, security threats and rapid AI adoption.
The acquisition also reinforces a shared mission to help customers stay ahead of fast evolving threats.
Maurice McCarthy, CEO at VITG said, "Mid-market organisations across ANZ are being hit harder and more often by increasingly sophisticated cyber threats. Security Centric brings exceptional capability and a pragmatic, customer-first mindset that aligns strongly with VITG's vision. Together, we will deliver scalable, security-led outcomes that give customers confidence and resilience in a rapidly changing environment."
About Virtual IT Group
Virtual IT Group is one of the fastest growing mid-market technology and cybersecurity providers in Australia and New Zealand. With scale, reach, and proven expertise, we deliver end-to-end managed IT and security services making our client's business systems stronger, safer and simpler every day.
www.vitg.com.au
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Virtual IT Group (VITG) Expands ANZ Cybersecurity Leadership with Security Centric Acquisition
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Andrew Chung Named President and Co-CEO; Kevin D. Kim Named Executive Vice President
NEW YORK, April 8, 2026 /PRNewswire/ -- Extell Development Company, one of the nation's premier real estate development firms, announced today two executive appointments. Andrew Chung has joined the company as President and Co-Chief Executive Officer, partnering with Gary Barnett, Extell's Founder, Chairman & CEO. Kevin D. Kim has been named Executive Vice President of Government Relations & Capital Raising - Asia.
"Andrew and Kevin bring exceptional leadership to Extell at a pivotal moment," said Gary Barnett, Founder, Chairman & CEO of Extell Development Company. "Andrew's background in development and institutional investment, together with Kevin's expertise in capital raising, government, regulatory and community engagement, will be critical as we grow and take on increasingly complex opportunities."
Chung is the founder of Innovo Property Group, established in 2015. Previously, he was a Partner at The Carlyle Group, where he was a senior member of the U.S. Real Estate Fund and led the New York office for a decade. His experience spans large-scale development and complex capital structures. In his role, Chung will work closely with Barnett to oversee Extell's pipeline and strategic growth. He serves on the NYU Schack Institute Advisory Board and was named to The New York Observer's "Power 100" for six consecutive years.
Kim's career spans senior leadership roles across the private and public sectors. He was previously a partner at IPG Partners 2.0, leading capital raising and government relations, and began his career as a corporate real estate attorney at Davis Polk & Wardwell. He has held senior roles across city, state, and federal government, most recently as Commissioner of NYC Small Business Services, where he launched the city's largest public-private loan program for small businesses. He has also served as Commissioner of the New York State Liquor Authority, Trustee of The City University of New York (CUNY), and currently sits on the congressionally appointed National Asian Pacific American Museum Commission.
Kim is a recipient of the Ellis Island Medal of Honor and has been recognized by City & State on its annual power lists. He holds degrees from Stanford University and Columbia Law School and was a member of the Columbia Law Review.
Extell Development
Extell Development, founded by Gary Barnett, is a nationally recognized developer of luxury residential, commercial, and mixed-use properties in New York and other premier markets. Notable projects include Central Park Tower, One57, One Manhattan Square, Brooklyn Point, Four Seasons Resort and Residences Vail, and Grand Hyatt Deer Valley in Park City, Utah.
Andrew Chung Named President and Co-CEO; Kevin D. Kim Named Executive Vice President
NEW YORK, April 8, 2026 /PRNewswire/ -- Extell Development Company, one of the nation's premier real estate development firms, announced today two executive appointments. Andrew Chung has joined the company as President and Co-Chief Executive Officer, partnering with Gary Barnett, Extell's Founder, Chairman & CEO. Kevin D. Kim has been named Executive Vice President of Government Relations & Capital Raising - Asia.
"Andrew and Kevin bring exceptional leadership to Extell at a pivotal moment," said Gary Barnett, Founder, Chairman & CEO of Extell Development Company. "Andrew's background in development and institutional investment, together with Kevin's expertise in capital raising, government, regulatory and community engagement, will be critical as we grow and take on increasingly complex opportunities."
Chung is the founder of Innovo Property Group, established in 2015. Previously, he was a Partner at The Carlyle Group, where he was a senior member of the U.S. Real Estate Fund and led the New York office for a decade. His experience spans large-scale development and complex capital structures. In his role, Chung will work closely with Barnett to oversee Extell's pipeline and strategic growth. He serves on the NYU Schack Institute Advisory Board and was named to The New York Observer's "Power 100" for six consecutive years.
Kim's career spans senior leadership roles across the private and public sectors. He was previously a partner at IPG Partners 2.0, leading capital raising and government relations, and began his career as a corporate real estate attorney at Davis Polk & Wardwell. He has held senior roles across city, state, and federal government, most recently as Commissioner of NYC Small Business Services, where he launched the city's largest public-private loan program for small businesses. He has also served as Commissioner of the New York State Liquor Authority, Trustee of The City University of New York (CUNY), and currently sits on the congressionally appointed National Asian Pacific American Museum Commission.
Kim is a recipient of the Ellis Island Medal of Honor and has been recognized by City & State on its annual power lists. He holds degrees from Stanford University and Columbia Law School and was a member of the Columbia Law Review.
Extell Development
Extell Development, founded by Gary Barnett, is a nationally recognized developer of luxury residential, commercial, and mixed-use properties in New York and other premier markets. Notable projects include Central Park Tower, One57, One Manhattan Square, Brooklyn Point, Four Seasons Resort and Residences Vail, and Grand Hyatt Deer Valley in Park City, Utah.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Extell Development Company Announces New Executive Appointments
Extell Development Company Announces New Executive Appointments
