Author Archives: Tori Pazda

With the completion of this transaction, ONI will mark Thrive’s eleventh acquisition since 2016. Recently, Thrive scaled its Mid-Atlantic region presence in the U.S. with the acquisitions of Howard Tech Advisors and Apex IT Group.

Deal will expand Thrive’s NextGen portfolio and infrastructure in the U.K., marking its first foray into the international market. 

FOXBOROUGH, Mass. – June 3, 2021 – Thrive, a premier provider of NextGen Managed Services, has acquired ONI, a leading U.K. Cloud, hybrid managed IT, Cisco Gold Partner and data center services provider based in Luton, Bedfordshire, England. Thrive has accelerated growth with its recent investment from Court Square Capital Partners, and the ONI acquisition marks the company’s initial steps to significantly increase its geographic footprint, both domestically and internationally.

“ONI is a tremendous IT managed services company with deep Cisco WAN, Unified Communication and Cloud expertise,” said Rob Stephenson, CEO of Thrive. “We were attracted to ONI due to their strong management team, led by CEO Kevin Kivlochan, attractive customer base, and desirable geographic location, just north of London. Thrive plans to add our robust Microsoft and cyber security capabilities to assist the ONI clientele, and we’re very excited to utilize their expert WAN engineering team to drive additional value to Thrive’s client base.”

ONI has been providing transformative digital technologies for more than 25 years and is a highly reputable center of excellence for digital transformation. The company is a leading provider of IT solutions and services to both the public sector and commercial markets. ONI’s specific expertise includes core network infrastructure, unified communications and collaboration, contact center solutions, data center services, connectivity, and cyber security. ONI Cloud services are delivered from its Tier 3+ data center, located in the South East of England.

“ONI has been committed to providing our customers with the availability, performance, and agility required to transform their business,” said Kevin Kivlochan, CEO of ONI. “We are ecstatic to join the Thrive family to complement and grow its extensive NextGen portfolio of solutions with our critical and business assured infrastructure objectives, delivering performance, high availability, flexibility, and redundancy. This will enable us to further advance our support to our existing clients in the U.K. with a wider range of service and support offerings.”

Mr. Kivlochan will become the Chief Executive for Thrive’s European Operations, reporting directly to Rob Stephenson, and all ONI personnel will remain onboard working directly for him.

With the completion of this transaction, ONI will mark Thrive’s eleventh acquisition since 2016. Recently, Thrive scaled its Mid-Atlantic region presence in the U.S. with the acquisitions of Howard Tech Advisors and Apex IT Group.

For more information about Thrive, click here.

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About Thrive

Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company’s Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application takes advantage of technology that enables peak performance, scale, and the highest level of security. For more information, thrivenextgen.com.

Thrive: LinkedIn, Twitter, Facebook, YouTube and Instagram 

MEDIA CONTACT:

Stephanie Farrell

Director of Corporate Marketing

617-952-0289 | sfarrell@thrivenextgen.com

About ONI

Established in 1992, ONI Ltd is a leading provider of IT solutions and services to both public sector and commercial markets. Privately owned, ONI offers a comprehensive range of on-site, cloud and hybrid technology solutions.

ONI is an established, go-to center of excellence for digital transformation and has built a strong reputation based on innovation. ONI delivers cloud services from their Tier 3+ Data Center, located in the South East of England, which includes infrastructure, disaster recovery, UC, collaboration and contact center solutions as-a-service.

ONI is committed to providing customers with the performance, availability and agility required to optimize their IT investments.  This is referred to as Business Assured and comprises three core pledges: 100% Uptime Guaranteed, On-Premises or Cloud Agnostic and Predictable and Transparent Costs. For more information, please visit https://www.oni.co.uk/.

MEDIA CONTACT:

Debbie Cotterill | deb.cotterill@oni.co.uk 

Acuity advisors acted as the exclusive advisor to ONI for this transaction. 

About Acuity Advisors

Acuity Advisors is a leading technology focused mid-market investment bank headquartered in the UK with international offices in Vienna and Shanghai. Acuity are experts in selling businesses, securing equity investments and raising debt finance. Acuity’s partners are senior players with an international focus, most of their deals are cross-border. The firm has a strong track record in key technology sectors including Semiconductor & Photonics, Deep Tech, Industrial Technology, Telecoms, Cloud & Managed Services, Software and Internet of Things.

FOXBOROUGH, Mass. – June 2, 2021 – Thrive, a premier provider of NextGen Managed Services, announces today that Jay Adams, chief financial officer, has been named a CFO of the Year by the Boston Business Journal (BBJ). This annual award recognizes the top CFOs and their teams who deliver the most outstanding performance for their Massachusetts companies.

As a native Bay Stater, Adams has more than three decades of experience in the financial field and has served as CFO of Thrive since its first injection of private equity capital by M/C Partners in 2016.  Jay currently manages Thrive’s finance, human resources, and legal departments, directly supervising sixteen employees.

During his tenure, Mr. Adams has overseen the acquisition of ten separate companies at Thrive, including two acquisitions during the COVID-19 pandemic in 2020.  Additionally, he handled the due diligence and financial management processes of an early January 2021 recapitalization with Court Square Capital and M/C Partners, resulting in an industry leading valuation.

“Jay’s recognition as one of BBJ’s CFOs of the Year is well deserved and couldn’t happen to a better employee, leader and person,” said Rob Stephenson, CEO of Thrive. “Jay’s expert financial management oversight is a huge component of Thrive’s success. He has successfully helped our company navigate the COVID-19 pandemic landscape with respect to revenue, billing, and collections, without taking a PPP loan or drawing down on a bank line of credit. Also, in just four short years, Jay has overseen Thrive’s more than tripling of revenue and number of employees.”

In its 13th year, the BBJ annual CFO of the Year awards program honors the best in local finance. Adams, alongside nine other individuals in various business sizes and categories, were chosen from a pool of more than 100 nominations of leaders in the Boston business community. A panel of judges, made up of past CFO honorees, BBJ leadership, and others in the financial field, vetted the nominations and determined this year’s honorees.

Coverage of the BBJ CFOs of the Year online at www.bizjournals.com/boston/, and the winners will be honored at a special virtual program hosted by BBJ on Thursday, July 14, 2021.

For more information about Thrive, click here.

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About Thrive

Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company’s Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application takes advantage of technology that enables peak performance, scale, and the highest level of security. For more information, visit thrivenextgen.com.

Thrive: LinkedIn, Twitter, Facebook, YouTube and Instagram

MEDIA CONTACT:

Stephanie Farrell

Director of Corporate Marketing

617-952-0289 | sfarrell@thrivenextgen.com

Thrive named ‘Most Innovative in Managed Security Service Provider (MSSP)’ and ‘Hot Company in Security Information Event Management (SIEM)’

FOXBOROUGH, Mass. – May 17, 2021 – Thrive a premier provider of NextGen Managed Services, announces it has won the following Cyber Defense Awards from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

“Most Innovative in Managed Security Service Provider (MSSP)“

“Hot Company in Security Information Event Management (SIEM)”

“We’re thrilled to receive one of the most prestigious and coveted cyber security awards in the world from Cyber Defense Magazine,” said Rob Stephenson, CEO of Thrive. “We knew the competition would be tough and with top judges who are leading infosec experts from around the globe and we couldn’t be more pleased.”

As an MSSP, Thrive offers a Cyber Security Bundle that leverages its best in-class technologies to educate and ultimately protect end users. Thrive has worked hard to protect businesses and organizations by preparing a multi-layered cyber security plan that mitigates the enormous consequences a data hack can have. Thrive’s Cyber Security Bundle offers protection for end users against malware, social engineering, phishing, and ransomware.

Thrive’s SIEM-as-a-Service (SIEMaaS) solution delivers comprehensive investigation, analysis, and remediation. Since cyber threats are a constant challenge for organizations to predict and securely block, Thrive’s team of experts are able to provide real time, 24×7 monitoring of alerts generated by servers, networks, and cloud-based applications. No matter how regulated the industry, Thrive can cut through noise, detect and respond to threats, and provide customizable reports that offer insight into your business’s compliance performance.

“We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cyber crime.  Thrive is absolutely worthy of these coveted awards and consideration for deployment in your environment,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

For more information about Thrive, please visit www.thrivenextgen.com.

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About Thrive

Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company’s Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application takes advantage of technology that enables peak performance, scale, and the highest level of security. For more information, thrivenextgen.com.

Thrive: LinkedIn, Twitter, Facebook, YouTube and Instagram 

MEDIA CONTACT:

Stephanie Farrell

Director of Corporate Marketing

617-952-0289 | sfarrell@thrivenextgen.com

About CDM InfoSec Awards

This is Cyber Defense Magazine’s ninth year of honoring global InfoSec innovators. Our submission requirements are for any startup, early stage, later stage or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com

About the Judging

The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation InfoSec Solutions.

About Cyber Defense Magazine

With over 5 Million monthly readers and growing, and thousands of pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information for B2B and B2G with our sister magazine Cyber Security Magazine for B2C. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry.  We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com

Welcome back to another installment of our “Thrive Employee Spotlight” blog series.

Our featured Thrive Employee is Kevin Ellis. Kevin is the Vice President of Sales for Thrive.

Kevin currently manages new business development and works with businesses of all sizes to understand their technology challenges and deliver a customized solution. He’s been at Thrive for 15 years and has his finger on the pulse of sales best practices and technical knowledge to share with his top-notch sales team.

Kevin lives in Massachusetts with his wife, three sons, and a dog. In his spare time, you’ll find Kevin shuttling his sons to basketball tournaments, and lacrosse and football games and practices. When he’s not cheering on his sons at their sporting events, he enjoys hitting the green to play a little golf.

Hi Kevin! Can you tell us about your background and how you came to Thrive?

I graduated from UMASS with a bachelor’s degree in Business Administration with a concentration in Marketing. After college, I hit the pavement in copier sales because I liked working with people. A short time later, I found the perfect opportunity at Thrive and have been here 15 years and counting!

I spend much of my time working within the Alternative Investment Community, specifically with Private Equity Funds and by extension their portfolio companies. I enjoy the pace of this segment and getting exposure to many different types of companies and growth strategies.

In addition to sharing technical knowledge and sales best practices, I’m often asked to work with and train new, onboarding employees.

What do you most enjoy about working for Thrive?

Historically, it has been how the technology landscape is continuously changing and the industry trends are always shifting. It keeps things fresh. It feels like you’re always learning new technologies, products, and services.

I also enjoy the fast pace of Thrive. Over the last three to five years, we have seen unprecedented growth, both organically and via acquisition. Being an integral part of this growth strategy is incredibly challenging and fulfilling for me.

Most importantly, it’s the people. It doesn’t matter how much you like the products and services that you sell if you can’t enjoy the company of the people you work with. We are fortunate to have phenomenal company camaraderie with so many genuine, talented, and driven technology professionals here at Thrive.

Any recent exciting projects at Thrive that you can tell us about?

Currently, I’m working on a lot of security solutions for our customers. We couple Next-Generation services, like Security Information and Event Management, Endpoint Detection, and Response, and tie those into our Security Operations Center and ServiceNow platform to deliver automation and self-service capabilities.

Our proven methodologies and deep NextGen portfolio of Cloud, Security, Networking, and Business Continuity services continue to make Thrive stand out in a crowded marketplace.

I am excited by a slew of digital transformation projects that are currently underway for businesses of all sizes. Our expert team creates a one-stop-shop solution for businesses to optimize their workflow, streamline reporting, and safeguard data, all while making the most of the investments they have already made in their digital and collaboration tools. I’m motivated by how Thrive enables businesses to remain competitive by adapting to the speed of new business while saving valuable time and resources.

Are you interested in learning more about Thrive? Click here!

And please don’t forget to follow us on LinkedIn, Twitter, Facebook, YouTube and Instagram for the latest news, and continue checking our blog for more in our “Thrive Employee Spotlight” series. Until next time…

CRN honors over 1000 women whose channel expertise and vision are deserving of recognition.

Thrive’s Platform recognized as a strategic business IT transformation solution

FOXBOROUGH, Mass. – May 11, 2021 – Thrive has been named a winner of the Gold Stevie® Award in the Best Technical Support Solution – Computer Technologies category for the 19^th Annual American Business Awards®.

The Stevie® Awards are the world’s premier business awards. There are eight Stevie Awards programs, each with its own focus, list of categories, and schedule, including The American Business Awards®, which invites all organizations operating in the U.S. to submit nominations – public and private, for-profit and non-profit, large and small.

More than 3,800 nominations – a record number – from organizations of all sizes and in virtually every industry were submitted this year for consideration. The winners were determined by more than 250 professionals worldwide.

Thrive was nominated in the Best Technical Support Solution – Computer Technologies category for its Thrive Platform, a unique NextGen IT service delivery and account management platform that guarantees continuous application and performance availability while eliminating IT concerns regarding security, compliance, governance, reliability and scalability.

“We are honored to receive the Gold Stevie Award and want to congratulate all of this year’s winners,” said Rob Stephenson, CEO of Thrive. “Thrive is transforming IT service management for enterprises operating with a remote workforce. Our platform enables businesses to address their IT concerns in one place with the ability to access the portal on any device from anywhere with overall faster service delivery.”

Within the last six months, businesses using the Thrive Platform experienced a 15% increase in end-user productivity, a 25% faster support resolution on complex cases, a 95% reduction in overall delivery time, and a 25% reduction in the client’s time spent on routine IT tasks.

Thrive’s efforts earned praise from the Stevie Awards judging panel:

• “This is an inspirational story of business success. Keep up the good work!”
• “Overall nice support strategy to transform how IT can be done in today’s remote environment where human resources are remote.”
• “Thrive’s software is really great for the SMB segment for bigger companies they can integrate with ServiceNow themselves.”
• “For all those with custom workflows and easy to follow directions Thrive Platform makes life easier.”
• “This product is very important when everyone is working from home, making IT support even more valuable.”

“The American economy continues to show its resilience, and as we’re poised on the beginning of what should be a phenomenal period of growth, we celebrate the remarkable achievements of a wide range of organizations and people over the past 18 months,” said Stevie Awards president Maggie Gallagher.  “This year’s Stevie-winning nominations in The American Business Awards are testament to the ingenuity, the commitment, the passion, the adaptability, and the creativity of the American people.  We look forward to celebrating this year’s winners during our virtual ceremony on June 30.”

Details about The American Business Awards and the list of 2021 Stevie winners are available at www.StevieAwards.com/ABA.

For more information about Thrive, please visit www.thrivenextgen.com.

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About Thrive

Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company’s Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application takes advantage of technology that enables peak performance, scale, and the highest level of security. For more information, visit thrivenextgen.com

Thrive: LinkedIn, Twitter, Facebook, YouTube and Instagram

MEDIA CONTACT:

Stephanie Farrell

Director of Corporate Marketing

617-952-0289 | sfarrell@thrivenextgen.com

About the Stevie Awards

Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. The Stevies also produce the annual Women|Future Conference.  Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Congratulations to our own Stephanie Farrell, Director of Corporate Marketing, for being named to the highly respected CRN’s 2021 Women of the Channel List!

The annual list acknowledges accomplished, influential women whose dedication, hard work, and leadership accelerate IT channel advocacy and growth. The women honored on this year’s list  pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic.

Stephanie is a marketing communications leader with more than 20 years of experience working in the technology and telecom industry. As Director of Corporate Marketing at Thrive, she manages, maintains, and implements marketing initiatives to meet sales targets and exceed Thrive’s business goals for NextGen managed services.

Stephanie works in tandem with our sales teams to ensure channel partners’ have both the technical and sales skills to successfully leverage the Thrive solutions portfolio to their clients. During Stephanie’s 2+ years at Thrive, she has supported or overseen the following accomplishments:

• The integration of 5 acquisitions.
• Enabling our channel partners around Thrive solutions and assisting in positioning with their customers.
• Driving solution-led engagements with our customers.
• Launching programs that maximize resources to increase overall support with our partners.
• Launching fast start initiatives with our partners to ensure they have the training and tools required to succeed.
• Developing our Channel Program with a primary focus on partner experience.
• Crafting our Partner Satisfaction Survey to continue to enhance our program and provide greater value to our partners.
• Developing a Partner Email Campaign program that allows our partners to co-brand and leverage Thrive’s collateral, email marketing campaigns, and marketing automation platform.
• Developing the Channel Partner Resource Page .

The 2021 Women of the Channel list is featured in today’s CRN Magazine. Read more here:  www.CRN.com/WOTC.  Congratulations, Stephanie!