Operating Company Business Services

Thrive

Foxborough, Massachusetts, United States

Thrive is a NextGen 3.0 global technology outsourcing provider that empowers small and mid-market organizations to transform their technology into a strategic advantage—offering AI and cybersecurity, cloud, compliance, and traditional MSP/MSSP managed IT services, including 24x7x365 SOC/NOC.

Focus Areas
Managed Service Provider (MSP), Managed Security Services (MSSP), SOC/NOC (Managed Security Operations)

Tracked deals

23

23 tracked deals across 2019-2025.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Buyout

12 buyout · 11 addon

Thrive Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Thrive. 1 2019 1 2020 4 2021 6 2022 3 2023 2 2024 6 2025

Supporting Data

Recent Transactions

Showing the 12 most recent of 23 tracked deals for Thrive.

  • November 11, 2025
    Buyer
    Thrive
    Target
    Worksighted
    Industry
    IT Services
    Type
    Addon

    Thrive, a global technology outsourcing provider, has acquired Worksighted, a Michigan-based managed IT services provider. The deal expands Thrive’s footprint into the Central U.S./Midwest and adds Worksighted’s personalized MSP and security capabilities to Thrive’s platform of managed IT, cybersecurity and cloud services.

  • Buyer
    Thrive
    Target
    Worksighted
    Industry
    IT Services
    Type
    Addon

    Thrive, a PE-backed global technology outsourcing provider, has acquired Worksighted, a Holland, Michigan–based managed IT services firm. The deal expands Thrive’s Midwest presence and adds Worksighted’s personalized MSP, cybersecurity, and cloud capabilities to Thrive’s platform as an add-on acquisition.

  • Buyer
    Thrive
    Target
    VitalCORE
    Industry
    IT Services
    Type
    Addon

    Thrive, a NextGen technology outsourcing provider, has acquired VitalCORE, a managed technology partner offering managed security, technology valuations, transactional advisory, and managed IT services. The deal expands Thrive’s presence in the U.S. Midwest and broadens its cybersecurity and managed services capabilities as part of the company’s ongoing acquisition strategy.

  • Buyer
    Thrive
    Target
    Baroan Technologies
    Industry
    IT Services
    Type
    Addon

    Thrive, a global technology outsourcing provider, has acquired Baroan Technologies, a managed IT support provider based in Elmwood Park, New Jersey. The deal expands Thrive’s managed IT capabilities and strengthens its North Jersey / Tri-State hub as part of the company's ongoing roll-up strategy.

  • Buyer
    Thrive
    Target
    Abacode
    Industry
    Cybersecurity
    Type
    Buyout

    Thrive, a global managed services and cybersecurity provider, has acquired Abacode, a Tampa-based managed cybersecurity and compliance provider (MCCP). The acquisition strengthens Thrive's governance, risk, and compliance (GRC) capabilities and expands its footprint in the Southeast U.S., enhancing compliance offerings for mid-market clients across regulated industries.

  • Buyer
    Thrive
    Target
    Secured Network Services
    Industry
    IT Services
    Type
    Addon

    Thrive, a global technology outsourcing provider, has acquired Secured Network Services (SNS), a New Hampshire–based IT provider serving healthcare, non-profit, and municipal customers. The deal expands Thrive's presence into New Hampshire and deepens its New England footprint while extending Thrive's security operations center and hybrid cloud capabilities to SNS customers; Thrive is PE-backed following a strategic investment from Berkshire Partners and Court Square Capital.

  • October 16, 2024
    Buyer
    Thrive, Berkshire Partners, Court Square Capital Partners
    Target
    Safety Net
    Industry
    Cybersecurity
    Type
    Addon

    Thrive, a global technology outsourcing provider for cybersecurity, cloud, and IT managed services, announced the acquisition of Safety Net, a Michigan-based IT services firm. The deal is intended to expand Thrive’s Midwest presence and give Safety Net’s customers access to Thrive’s 24x7x365 global SOC and hybrid cloud resources.

  • Buyer
    Thrive
    Target
    The Longleaf Network
    Industry
    IT Services
    Type
    Buyout

    Thrive, a global technology outsourcing provider, has acquired The Longleaf Network, a North Carolina–based IT services provider, to expand Thrive’s footprint into the Carolinas. The acquisition gives Longleaf customers access to Thrive’s global SOC, cloud capabilities, and 24x7x365 managed services, while strengthening Thrive’s local presence in North Carolina.

  • Buyer
    Thrive
    Target
    4IT
    Industry
    Cybersecurity
    Type
    Buyout

    Thrive, a NextGen managed services provider, has acquired 4IT, an award-winning Managed Service Provider based in Miami, Florida. The deal strengthens Thrive's cybersecurity, cloud and 24x7 IT support capabilities in South Florida and represents Thrive's 20th acquisition since 2016 and its fourth in Florida.

  • Buyer
    Thrive
    Target
    IT Freedom
    Industry
    IT Services
    Type
    Buyout

    Thrive, a PE-backed provider of managed cybersecurity and cloud services, has acquired IT Freedom, an Austin-based managed service provider. The deal expands Thrive's NextGen Managed Security & Services Platform into Texas and will enable IT Freedom's clients to accelerate their cloud and digital transformation initiatives.

  • Buyer
    Thrive
    Target
    Storagepipe
    Industry
    Cybersecurity
    Location
    Ontario, Canada
    Type
    Buyout

    Thrive, a U.S.-based managed services provider, has acquired Storagepipe, a Toronto-based cloud, data protection and cybersecurity managed services firm. The deal expands Thrive’s international footprint—particularly in Canada’s financial-services hub of Toronto—and brings Storagepipe’s BaaS/DRaaS and Microsoft/Veeam-aligned capabilities into Thrive’s NextGen managed services portfolio.

  • Buyer
    Thrive
    Target
    Custard Technical Services
    Industry
    IT Services
    Location
    Nottinghamshire, United Kingdom
    Type
    Buyout

    Thrive, a U.S.-based provider of managed cybersecurity and digital transformation services, has acquired Custard Technical Services, a Nottingham-based UK IT support and managed services firm. The deal expands Thrive’s UK footprint and brings Custard’s managed services, disaster recovery, and IT security capabilities into Thrive’s NextGen portfolio to serve small- and mid-sized enterprises across the East Midlands and surrounding markets.

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