Author Archives: Tori Pazda

Thrive, a premier provider of NextGen Managed Services, announces today that it has acquired S7 Technology Group, an information technology services provider for the financial industry.

Scot Guido, CEO, Michael Bilenkis, CTO and Fred Bruno, COO, will all assume senior leadership roles in New York, home to Thrive’s largest office. The S7 transaction marks the 12th acquisition for Thrive since 2016.

Thrive’s cybersecurity and digital transformation solutions offer a unique blend designed to boost market clout.

The acquisition will significantly benefit the financial industry by offering a suite of cyber and cloud security offerings via an automation platform.

Strengthens New York Financial Services’ Practice  

FOXBOROUGH, Mass. – July 14, 2021 – Thrive, a premier provider of NextGen Managed Services, announces today that it has acquired S7 Technology Group, an information technology services provider for the financial industry. This transaction will greatly enhance S7’s clientele by providing availability to Thrive’s innovative Cyber Security, Microsoft Digital Transformation and Hybrid Cloud offerings built upon their ServiceNow automation platform.

S7 Technology Group, headquartered in Midtown Manhattan, is an SSAE 18- audited, value-driven technology firm that provides turnkey, full-service IT solutions and ongoing support to financial institutions. Its comprehensive end-to-end framework, Azure Partner status, and laser focus on the Private Equity support industry provide a competitive edge for financial firms seeking to maximize their technology return on investment.

“Adding S7 and their talented management team to the Thrive family signals our continued commitment to enhance our financial services practice, particularly in New York,” said Rob Stephenson, CEO of Thrive. “Thrive’s Cyber Security and advanced Microsoft Digital Transformation solutions, designed for financial customers, reinforce our mission to support the strategic technology needs of Private Equity firms with a unique blend of managed services, portfolio engagement services, and consulting to ensure security, compliance and performance.”

“For more than a decade, S7 Technology Group has enabled financial businesses to leverage the performance, security, and scalability previously only afforded to large enterprises and we’re thrilled to be joining the Thrive team,” said Scot Guido, CEO of S7 Technology Group. “We’re  incredibly impressed by the level of automation and operational efficiencies of Thrive’s ServiceNow platform and the enhanced Cyber Security capabilities of their 24×7 Security Operations Center (SOC). Our clients will benefit greatly from our new partnership with Thrive.”

Scot Guido, CEO, Michael Bilenkis, CTO and Fred Bruno, COO, will all assume senior leadership roles in New York, home to Thrive’s largest office. The S7 transaction marks the 12th acquisition for Thrive since 2016.

For more information, please click here. 

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About Thrive

Thrive is a leading provider of NextGen managed services and cyber security designed to drive successful business outcomes through application availability, enablement and optimization. The company’s Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business 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 S7 Technology Group

S7 is a technology solutions provider to companies in the financial services industry. S7 provides the resources and expertise of an IT department, but without the management, overhead, and complexities of having one in-house. Whether you are in the initial stage of a build-out or an established business, S7 will be your single point of contact and will provide you with a complete technology solution that will allow you to operate efficiently, while giving your clients and investors the information they need to trust in the stability and security of your IT solution.

Using a unique, hands-on approach, S7 tailors their services to meet exact client needs and requirements. S7 provides complete, end-to-end technology services including assessment, planning, design, clean-up of current systems, network reconfiguration, project management and deployment, contract negotiations, disaster recovery, business continuity, systems administration, installation and maintenance, and 24 x 7 x 365 support. For more information, visit s7tech.com.

CHALLENGE

Foxrock Properties, one of the fastest-growing commercial real estate firms in greater Boston, focuses on improving neighborhoods and quality of life for residents with its 50 employees spanning multiple locations. As Foxrock was growing, the firm was operating with an aging IT infrastructure and without a strategic IT vision. The firm was challenged with maintaining acceptable and scalable communications while protecting its end users in a remote work model with sufficient Cybersecurity protocols.

SOLUTION

Foxrock reached out to Thrive for MSP support and guidance in scaling its business operations securely to the Cloud. Thrive’s expert team designed the strategy, architecture, and training to aid in Foxrock’s growing IT demands. The first step was migrating Foxrock away from local servers and hardware purchases to gain the scalability and business continuity that comes with the Cloud via ThriveCloud. Next, Thrive implemented human firewall services, including endpoint protection, patching, mail security, and O365 management and backup to keep remote workers securely connected for seamless collaboration.

RESULT

The integration of the ThriveCloud solutions at Foxrock transformed its daily business operations, enhancing communication and productivity. Thrive’s ongoing dedicated technical account management tools are now in place to further support business objectives and demands with thought leadership and strategy. Thrive’s 24×7 help desk is also allowing the Foxrock team to focus on their core business.

“Thrive is very easy to work with. I knew that Thrive would embrace the opportunity, create a solution to meet the customers’ requirements and communicate with me throughout the process. Thrive’s focus on client satisfaction leads to up-sell opportunities that continually grow MRR.” ~ Dan Holleran, Harbor Networks

How can Thrive help your business?

Thrive is a leading provider of outsourced IT Infrastructure designed to drive successful business outcomes with our talented engineering teams and suite of Cloud-First, NextGen Managed Services.

To learn more about our services, CONTACT US

MSP Industry Veteran Bill McLaughlin to Oversee Growing Customer Base

MSP Industry Veteran Bill McLaughlin to Oversee Growing Customer Base

FOXBOROUGH, Mass. – July 1, 2021 – Thrive, a premier provider of NextGen Managed Services, has appointed Bill McLaughlin as the company’s first Chief Customer Officer. Drawing on his nearly 20 years of managed services industry experience, McLaughlin will continue to drive more value, messaging, communication, and faster platform adoption to Thrive’s customers. In his new role, he will support Thrive’s expanding global footprint and clientele with the company’s extensive NextGen portfolio of Cloud, Cyber Security, Networking and Business Continuity services.

As Chief Customer Officer, McLaughlin will lead Thrive’s dedicated team of General Managers, Senior Principal Consultants and Customer Success Managers in each U.S. region. Prior to Thrive, McLaughlin held a senior leadership role at Kaseya, where he completed an expedited one-year IT Management software journey. He has demonstrated broad experience in managed services and digital transformation growth strategies. Previously as an EVP and CTO, McLaughlin assisted in spearheading the growth of Atlantic Tomorrow’s Office, an innovative managed services company in the Greater New York market with more than 400 employees and $150 million in revenue.

“Bill’s impressive track record in the MSP industry as a leader and client advocate made him the ideal candidate to lead our customer programs here at Thrive,” said Rob Stephenson, CEO of Thrive. “As Thrive continues to grow, add more customers and expand our footprint globally, it’s critical that we have a strong leader like Bill to safely and securely guide their digital transformation journeys to the Cloud.”

“This is an exciting time to join Thrive,” stated Bill McLaughlin, Chief Customer Officer at Thrive. “As a current market leader, Thrive is primed for sustained growth moving forward.  The company’s digital transformation platform built around ServiceNow and Microsoft is a true differentiator in creating an enhanced client experience that delivers maximum technology ROI.  I’m very excited to join this hard-charging, talented executive team.”

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

With the completion of this transaction, ONI will mark Thrive’s eleventh acquisition since 2016.

Thrive, a premier provider of NextGen Managed Services, has acquired ONI, a leading U.K. Cloud, hybrid managed IT, Cisco Gold Partner and data centre services provider based in Luton, Bedfordshire, England.