MSP Acquired: Thrive Buys Government Data Protection Firm

Thrive, the next-gen MSP backed by private equity firm Court Square Capital Partners, has acquired DSM, a Florida-based MSP that supports State, Local, and Education (SLED) government agencies. FOCUS Investment Banking, a national middle market investment banking firm, served as catalyst for the deal with Thrive, and exclusive financial advisor to DSM. Financial terms of the deal were not disclosed.