Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced the acquisition of Secured Network Services (SNS), a leading New Hampshire-based IT provider for organizations across industries, including healthcare, non-profit, and municipal government. The acquisition will enable Thrive to enter the New Hampshire market to deepen its presence in New England, bringing its industry-leading global Security Operation Center (SOC) & Hybrid Cloud solutions to SNS’ customers. “SNS’ similar philosophy of providing the highest caliber of technical expertise and unwavering dedication to customers greatly resonated with us,” said Bill McLaughlin, CEO of Thrive. “Coupled with their deep vertical knowledge, SNS will ensure we continue delivering the best technology solutions to businesses across industries.”
Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and traditional managed service provider (MSP) services, today announced the long-planned leadership transition elevating Bill McLaughlin into the CEO role, effective immediately. McLaughlin succeeds Rob Stephenson, who has led Thrive for nearly a decade. Under Stephenson, Thrive has attained industry prominence, earned a reputation for excellence, and delivered a compounded annual growth rate above 30%. Stephenson will remain onboard as a member of Thrive’s leadership team, particularly focused on supporting McLaughlin and driving the company’s M&A strategy. “Bill came to Thrive over three and a half years ago with the plan to be my successor,” said Stephenson. “He has been running day-to-day sales and operations, is one of the most highly respected executives in our industry, and is responsible for much of Thrive’s success. It’s been a pleasure of a lifetime leading this company and there is nobody I would feel more confident in succeeding me than Bill McLaughlin. Under his leadership, Thrive will continue to set the pace for MSP and MSSP innovation and achievement.”
Our featured employee is Channing Smith, Junior Developer, Digital Platform. Channing works on the Digital Platform Development team working on a variety of internal projects and integrations with ServiceNow. He lives in Charleston, South Carolina near our new office. Outside of work, Channing leads a local run club in Charleston, he maps out weekly runs and social events. In addition to running, Channing also enjoys cooking, playing Rummikub, and hanging out with his 3-year-old labradoodle Archie, and his girlfriend Elsie.
Our featured employee is George Seybolt, Director, Strategic Operations. George’s role is split into two parts, both relating to strategic operations. The first part is focused on integrating acquired companies and making sure they are correctly and smoothly cutover into ServiceNow (SNOW). This includes several different pieces including completing due diligence on the business operation functions, reviewing contracts, invoices, and any ongoing operation functions that the acquired business may still have, as well as mapping all their existing data into SNOW for their cutover. The second half to George’s role is managing strategic operations related to Thrive, as well as a small team within Business Operations focused on strategic projects. Some of these initiatives include rolling out new products through campaigns like SaaS Alerts, sunsetting legacy products, as well as advising on new processes within SNOW that are related to the business operations function. When George first started at Thrive, he lived right outside of Boston in Waltham and worked out of our Foxborough office. However, thanks to the flexibility to work remote, George now lives in Denver, CO. Outside of work, George loves exploring outside and going for a hike whenever he can. Now that he lives out West, he does a lot of hiking and backpacking in the Rockies and Wasatch ranges.
Foxborough, Ma. – January 14, 2025 – Thrive (“the Company”), a provider of cybersecurity, cloud, and IT managed services, today announced that it has reached a definitive agreement for a strategic investment from Berkshire Partners (“Berkshire”) and existing investor Court Square Capital Partners (“Court Square”). Financial terms of the transaction were not disclosed. Headquartered in Foxborough, Massachusetts, Thrive is an IT managed services provider (“MSP”) and managed security services provider (“MSSP”) that offers outsourced IT and cybersecurity services to mid-market, small enterprise, and sophisticated SMB clientele across a number of industries including financial services, healthcare, professional services, and government. With 15 acquisitions since 2020, Thrive has grown into one of the leading global technology outsourcing firms and in 2024 was again named to CRN’s Managed Service Provider 500 list, which recognizes the top technology providers and consultants in the MSP space. “Over the past decade, we’ve built a market-leading company with a wide array of technology capabilities. With the new strategic investment from Berkshire and Court Square, we will continue scaling to meet the complex needs of the industries we serve,” said Bill McLaughlin, President of Thrive.
Our featured employee is Rose Payano, Director, Project Delivery. In Rose’s position as a Director within the PMO team, she plays a critical role leading Managers on the Project Delivery team and their respective Project Managers. Rose believes in empowering teams to excel, encouraging innovative thinking, and sharing knowledge that elevates everyone’s skills. She actively contributes to team-wide initiative and collaborates cross functionally to enhance our operational processes. She also oversees a select number of projects, stepping in whenever necessary to assist the team whenever possible. Rose lives in the Sunshine State and is based out of Miami, FL. Outside of work, Rose enjoys reading, running, and spending time with her fiancé, Charlie. She also enjoys being with family, finding new places to eat and new places to explore. Rose recently started traveling, which she really enjoys as a new hobby.
Our featured employee is Nicholas Vizzini, Technical Advisor. Nicholas plays a key role in supporting his team by providing strategic solutions and ensuring the Advisory Team is equipped with the necessary technical training, product knowledge, and compliance updates. He also collaborates with vCIOs to assist with Technical Business Reviews, helping to drive success for our clients. Nicholas lives in New York, NY, and works out of our Lexington Avenue office in New York City. Outside of work, he enjoys spending time with his family, reading, and going for bike rides.
Our featured employee is Catie Kueppers, newly promoted to vCIO. Catie, former Thrive System Administrator, oversaw the Mid 3 POD and was an acting Senior System Administrator for the Texas 01 POD. She is mostly involved with Microsoft Azure and various Windows networks. Catie lives in Palm Bay, Florida but is based out of the Maryland office since that is where Ease Technologies was located prior to being acquired by Thrive. Outside of work, she loves going boating and exploring different islands around Sebastian Inlet with her husband who is a Veteran and 4 kids, 2 sons and 2 daughters.
Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced it will be opening a Montreal-based SOC 2 certified data center to support its private Cloud offering. With this new opening, Thrive continues to expand its data center locations, enabling customers throughout Canada to better secure and protect their data. Data breaches continue to be on the rise. In fact, according to the Identify Theft Resource Center, the number of data compromises reported in the first half of 2024 increased 14% compared to the same period in 2023. With potential threats always looming, organizations must ensure their data, and their customers’ data, are properly housed, managed, and secured. With the addition of the data center in Montreal, Thrive adds to their list of enterprise-class data center locations to ensure all Canadian customers have access to secure and reliable Cloud infrastructure to store their most valuable data. “Many organizations today are facing the daunting task of protecting and storing their critical data amidst an ever-changing cybersecurity landscape – and it is more important than ever to ensure data is housed properly,” said Scott Steele, Chief Operating Officer, Thrive. “Thrive’s customers in Canada will have access to not just a data center, but a sustainable private Cloud infrastructure solution, positioning their business for secure, scalable growth well into the future.”
Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today named Kristina O’Connell as its Chief Marketing Officer (CMO). With experience spanning new and growing industries, including SaaS, AI, and wireless charging, O’Connell will guide Thrive’s corporate marketing and brand building initiatives as the company continues to experience a rapid period of growth. With over three decades of experience leading marketing teams in the technology industry, O’Connell brings an unparalleled wealth of knowledge and expertise in brand development, creative innovation, and marketing strategy. Before joining Thrive in October 2023, she led marketing at WiTricity, where she helped build and develop the market for electric vehicle wireless charging (B2B2C) from an MIT spin-out to commercialization. O’Connell served ExaGrid for a decade, defining brand and creative strategy in the Tiered Backup Storage enterprise market. At F5 Networks, she led the company’s worldwide marketing and was instrumental in helping F5 pioneer the load-balancing market from startup through IPO to #1 in global market share.
