diff --git a/.versionbot/CHANGELOG.yml b/.versionbot/CHANGELOG.yml
index 6fa92758..e43c2943 100644
--- a/.versionbot/CHANGELOG.yml
+++ b/.versionbot/CHANGELOG.yml
@@ -1,3 +1,29 @@
+- commits:
+    - subject: Improve directory scan speed prior to tarballing
+      hash: 257dd514ed7c0f6988b8a47219991cc4f61b4529
+      body: >
+        This changes improves the speed that the project is tarballed by
+        switching from
+
+        `klaw` to `recursive-fs` and not running `lstat` on files that are
+        ignored.
+
+        Whilst testing with the Jellyfish repository, which contains a number of
+
+        sub directories, each with their own node_modules folder, I was able to
+
+        reduce the time taken to scan and tarball the project from 70s to 11s,
+
+        which is a massive improvement.
+      footer:
+        Change-type: patch
+        change-type: patch
+        Signed-off-by: Lucian Buzzo <lucian.buzzo@gmail.com>
+        signed-off-by: Lucian Buzzo <lucian.buzzo@gmail.com>
+      author: Lucian Buzzo
+      nested: []
+  version: 12.54.3
+  date: 2021-11-26T13:59:56.032Z
 - commits:
     - subject: Set the correct target state when using Compose "image" field
       hash: d2a5a9ba8638e712a4b286ce6775158c89615b08
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4efacd4c..d1b3a190 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,10 @@ All notable changes to this project will be documented in this file
 automatically by Versionist. DO NOT EDIT THIS FILE MANUALLY!
 This project adheres to [Semantic Versioning](http://semver.org/).
 
+## 12.54.3 - 2021-11-26
+
+* Improve directory scan speed prior to tarballing [Lucian Buzzo]
+
 ## 12.54.2 - 2021-11-26
 
 * Set the correct target state when using Compose "image" field [Lucian Buzzo]
diff --git a/npm-shrinkwrap.json b/npm-shrinkwrap.json
index 63e6230b..242321e0 100644
--- a/npm-shrinkwrap.json
+++ b/npm-shrinkwrap.json
@@ -1,6 +1,6 @@
 {
   "name": "balena-cli",
-  "version": "12.54.2",
+  "version": "12.54.3",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/package.json b/package.json
index 881e2427..8045abaa 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "balena-cli",
-  "version": "12.54.2",
+  "version": "12.54.3",
   "description": "The official balena Command Line Interface",
   "main": "./build/app.js",
   "homepage": "https://github.com/balena-io/balena-cli",
@@ -289,6 +289,6 @@
     "windosu": "^0.3.0"
   },
   "versionist": {
-    "publishedAt": "2021-11-26T10:14:56.665Z"
+    "publishedAt": "2021-11-26T13:59:56.430Z"
   }
 }