Why the Right MSP Matters for Your Portfolio Companies

When it comes to a portfolio company’s operational efficiency, the right technology decisions and investments can lead to long-term success. One of the biggest strategic choices is how to handle the IT functions of their business. Building an in-house team to cover all aspects of technology – from cybersecurity and Cloud to business enablement and innovation – is difficult in today’s competitive hiring landscape. Even if there was enough skilled and experienced talent to go around, the pressing problems of today (e.g. data breaches, user issues) often take precedence over the activities that build value. 

That’s why partnering with the right Managed Services Provider (MSP) for IT outsourcing has become popular for private equity companies and their portfolios. Choosing to work with an MSP isn’t solely about ensuring smooth IT operations; it’s a strategic move that can amplify the company’s growth while better protecting it from cyber threats and compliance issues. The right MSP becomes an invaluable partner, influencing the efficiency, scalability, and competitive edge of the portfolio company in the market.

The Significance of Choosing the Right MSP

Today, technology serves as the backbone of operations across a wide breadth of industries. A reliable MSP conducts the seamless integration of technology into the fabric of a company’s operations. From Cloud computing and cybersecurity to data management and IT infrastructure, the right MSP provides the expertise and support necessary to navigate both the digital and business realms effectively.

One of the core reasons why the right MSP matters for a portfolio company is efficiency. A proficient MSP optimizes processes, enhances productivity, and mitigates risks, allowing businesses to focus on their core competencies without being bogged down by technological complexities.

Moreover, a strategic MSP is not just a service provider but a partner invested in the success and growth of the company. They bring industry insights, technological advancements, security, scalability, and cost-effective solutions to the table, ensuring the company remains agile and competitive.

Thrive’s Strategic Partnerships with PE

The role that the right MSP plays in the success of portfolio companies is well understood at Thrive. Our approach to delivering private equity IT services goes beyond conventional service delivery; we immerse ourselves in understanding the unique needs, challenges, and growth aspirations of each portfolio company.  Our POD-based approach to service delivery means that each company works with experts who not only know the technology but also know their business and their industry. 

The Thrive Difference:

• Tailored Solutions and Services: There is no such thing as a one-size-fits-all solution. Thrive crafts company-specific strategies and solutions, ensuring strong protection and efficient operation. Our PE service offerings include:
  • EBITDA Optimization – Providing cost-efficient managed services
  • Portfolio Investment Assessments – Due Diligence reports, pre & post deal
  • Integration – Helping to strategically combine acquisition assets and realize synergies
  • Risk Management – Closing Security Gaps, building Disaster Recovery Plans, and adding 24×7 global coverage
  • Digital Transformation – Modernizing the IT Infrastructure & improving business processes
  • Sale Transition – Assisting with transition plans and helping achieve maximum ROIs
• Proactive Support and Scalability: Our proactive approach means we anticipate needs before they arise. We ensure scalable solutions that grow with the company, avoiding technology bottlenecks when it comes to cybersecurity, Cloud, or collaboration services. 
• Thrive’s Expertise: Thrive’s experts offer 24x7x365 protection through the online Security Operations Center, prioritizing robust infrastructure security measures, adherence to regulatory requirements, and more. 

The right MSP isn’t just a service provider; it’s a strategic ally for portfolio companies, propelling them toward growth, efficiency, and sustained success. Thrive’s commitment to tailored solutions, cutting-edge technology, proactive support, and cybersecurity expertise ensures that portfolio companies have the right tools to navigate the next obstacle.

Choose Thrive and pave the way for unparalleled success for your portfolio companies. Contact us today to learn more about how Thrive can empower your entire PE portfolio through a strategic MSP partnership.