nThrive (Clearlake-backed) Acquires TransUnion Healthcare

Clearlake Capital Acquires nThrive's Technology Division

January 28, 2021

Healthcare Services

Clearlake Capital Group completed the acquisition of nThrive's Technology Division (nThrive Technology), a leading healthcare revenue cycle management (RCM) SaaS platform, from nThrive Holdings, LP. The purchase establishes a buy-and-build platform to accelerate growth of the RCM software business and support product and inorganic expansion.

Clearlake-backed nThrive to Acquire PELITAS

February 8, 2022

Healthcare Services

nThrive, a Clearlake Capital–backed healthcare revenue cycle management (RCM) SaaS platform, has signed a definitive agreement to acquire PELITAS, a provider of patient access, digital patient intake, and front-end RCM software. The acquisition will expand nThrive's patient access and digital intake capabilities (including virtual check-in and payment) to strengthen its end-to-end RCM offering; financial terms were not disclosed.

United Spinal Association Acquires AbleThrive

May 26, 2021

Healthcare Services

United Spinal Association has acquired AbleThrive to combine AbleThrive's curated online resources and community for people with spinal cord injuries into United Spinal's platform and expand support for wheelchair users and others with mobility disabilities. The acquisition will migrate AbleThrive's content and technology onto United Spinal's website to enhance outreach and resources for its membership and broader disability community.

Thrive Acquires InCare Technologies

January 6, 2022

IT Services

Thrive, a NextGen managed services provider, has acquired InCare Technologies, an SMB-focused managed service provider headquartered in Birmingham, Alabama. The acquisition gives Thrive a regional anchor in the U.S. South to support expansion of its managed cybersecurity, cloud and collaboration services.

Rapid Finance Acquires Digital Lending Platform Provider Thrive

October 3, 2022

Financial Services

Rapid Finance has acquired digital lending platform provider Thrive and folded the business into its new Rapid Finance Technology unit to accelerate digital lending capabilities. The Thrive platform provides end-to-end origination, underwriting, decisioning and servicing tools for banks, non-bank lenders and credit unions, and the acquisition supports Rapid Finance's effort to modernize and expand its technology-driven lending solutions.

Thrive Acquires Tier1Net

July 11, 2019

IT Services

Thrive, a Next Generation Managed Services provider, acquired Tier1Net, a Woburn, Massachusetts-based managed services firm focused on financial services. The add-on transaction, executed under Thrive’s private equity owner M/C Partners, strengthens Thrive’s FinTech capabilities and New England presence while integrating Tier1Net leadership into Thrive’s FinTech practice.