Thrive, a Foxborough, MA-based provider of cybersecurity, cloud, and IT managed services, received a strategic investment from Berkshire Partners and Court Square Capital Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Rob Stephenson, Thrive is an IT managed services provider (“MSP”) and managed security services provider (“MSSP”) that offers outsourced IT and cybersecurity services to mid-market, small enterprise, and SMB clientele across a number of industries including financial services, healthcare, professional services, and government.
The company closed 15 acquisitions since 2020.
FinSMEs
15/01/2025