Thrive Acquires InCare Technologies to Build a Foundation for Regional Expansion in the South

January 7, 2022

Thrive Acquires InCare Technologies to Build a Foundation for Regional Expansion in the South

The InCare Partnership will extend Thrive’s NextGen Cloud & Cybersecurity Managed Services Platform to Clients in the Southern United States

January 06, 2022

Foxborough, Massachusetts

Thrive, a premier provider of NextGen Managed Services has acquired InCare Technologies, a nationally recognized information technology managed services provider known for its work with healthcare, local governments, education, and other SMB businesses. The acquisition provides Thrive with a strong regional provider in the South, enabling it to better deliver and support its managed Cybersecurity, collaboration, and Cloud services across the country.

Based in Birmingham, Alabama, with offices in Tennessee and Mississippi, InCare Technologies provides award-winning managed services which include proactive IT support, Cybersecurity, networking, total technology outsourced management and more.

“InCare Technologies is one of the best-run MSPs that we’ve had the privilege of working with. Their operational maturity, management team, employee technical acumen and commitment to customer service make them the perfect partner for Thrive to anchor our Southern expansion,” said Rob Stephenson, CEO of Thrive. “Thrive’s ServiceNow platform, sophisticated 24x7x365 Security Operations Center (SOC) practice and Public, Private & Hybrid Cloud solutions will undoubtably benefit InCare’s loyal clientele and attract future prospects within the region.”

“Since our inception, InCare Technologies has been dedicated to helping our customers stay productive and secure as they look to streamline their IT operations,” said Brian Walker, CEO of InCare Technologies. “By partnering with Thrive, we’ll advance that cause even further by improving the way we service our clients via advanced technologies, innovation and improved efficiencies. Our team has been impressed by Thrive’s people, processes, and platform, but most importantly by their commitment to customer service and their own employees. This makes them a perfect match to continue our legacy and workplace culture as a leader in our market.”

Working with some of the top companies across multiple industries, Thrive delivers comprehensive NextGen managed services and unmatched expertise to drive digital transformation efficiencies with advanced Cybersecurity best practices.

For more information on Thrive, visit thrivenextgen.com.

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 achieves peak performance, scale, uptime, and the highest level of security. For more information, thrivenextgen.com.

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MEDIA CONTACT:
Patrick Reilly
Zer0 to 5ive, for Thrive
327071@email4pr.com
732-687-4683

About InCare Technologies
InCare Technologies is an SMB-focused managed service provider headquartered in Birmingham, Alabama, with offices in Montgomery, Alabama; Jackson, Mississippi; and Memphis, Tennessee. InCare offers leading-edge IT managed services and local support; InShield, a comprehensive cybersecurity service; and InCare 360, the ultimate in managed services, comprising all aspects of a company’s IT needs.

ORIGINAL SOURCE: https://www.prnewswire.com/news-releases/thrive-acquires-incare-technologies-to-build-a-foundation-for-regional-expansion-in-the-south-301455492.html

Zack Halpryn

Zack Halpryn is an Associate at M|C Partners, where he focuses on investment opportunities in the digital infrastructure and technology services sectors. Prior to joining MC, Zack worked at HarbourVest Partners, where he was focused on buyout and growth equity investments. Previously he worked at Performance Equity Management and Credit Suisse. Zack received a B.B.A in Finance (summa cum laude) from the Isenberg School of Management at UMass Amherst. He currently lives in Boston’s West End and in his spare time enjoys playing sports (volleyball, basketball, golf), reading and watching the Celtics.

Joined

2023

AFFILIATED PORTFOLIO

AccessParks
Ascend Technologies
Carbon60
Denovo
TowerCom

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celito

Established in 1999 and based in Raleigh, is a trusted, local communications and managed services provider to businesses leveraging its fully owned fiber network. celito creates technology solutions for businesses across all sectors both large and small. From supplying high-speed Internet service, to providing quality VoIP telecom service, to setting up your office network, they offer turnkey solutions from the desktop to the cloud

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Jason P. Stutman

Jason Stutman is a Senior Fund Accountant at M/C Partners, responsible for the cash management of co-investment vehicles, preparing quarterly financial statements, and communication with Limited Partners. Prior to joining the firm in 2023, Jason worked in the Portfolio Analytics Group at HarbourVest Partners. He earned a BSBA with honors in Finance with a minor in Computer Information Science from The Ohio State University. Jason lives in South Boston and enjoys cheering on Boston sports teams, playing hockey and golf and traveling.

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2023

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Cuba Burch Berner

Cuba Burch Berner is an Associate at M|C Partners, where he focuses on investment opportunities in digital infrastructure and technology services. Prior to joining the firm in 2022, Cuba was an Equity Research Associate at Citi covering infrastructure companies within the telecommunications industry, including data centers and wireless towers. He holds a B.S. in Mathematics with a specialization in Economics from the University of Chicago. Cuba currently lives in Boston’s West End and enjoys a myriad of outdoor activities including running, swimming, hiking, and skiing.

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2022

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AccentHealth

AccentHealth operates an out-of-home advertising network that reaches over 12,000 physician office waiting areas in the U.S. – JOHN WATKINS

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IT SERVICES

James F. Wade

Jim Wade co-founded M/C Partners in 1986 with Dave Croll. He has been investing in communications and technology services since the advent of wireless and broadband, cornerstones of the firm’s sector focus. As Chairman, he manages the firm’s investment process, and continuously seeks out management teams, company prospects and financial resources to grow the portfolio. Jim’s successful track record includes MetroPCS (IPO), Lightower Holdings (acquired by Berkshire Partners), Cavalier Telephone (acquired by PAETEC), NuVox Communications (acquired by WindStream), Attenda (acquired by Darwin Private Equity), Melita (acquired by Apax Partners), PR Wireless (joint venture with Sprint affiliate in Puerto Rico), Thrive Networks (acquired/recapitalized by Court Square) and Involta (acquired by Carlyle Group). Today he serves as a director on the Board of Connectivity Wireless and has responsibility for Omega Wireless. Jim graduated from the University of Notre Dame a B.B.A in Finance and received an MBA from Harvard Business School. He lives outside Boston with his wife and four children. Jim was an avid boater and is now an average golfer.

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1986

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Abhishek Rampuria

Abhishek (A.B.) is a Partner at M/C Partners, where he leads origination, deal diligence and portfolio company support for investments in a variety of communications and technology services segments. He currently serves on the Board of Ascend Technologies, Connectivity Wireless, Edafio Technology Partners, TowerCom and serves as a Board Observer for Thrive Networks. A.B. previously served as a Board Observer for Ensono (acquired by KKR) and QOS Networks (acquired by Zayo). Prior to joining M/C Partners in 2015, A.B. worked at Altman Solon (formerly Altman Vilandrie), a technology, media & telecommunications focused strategy consulting firm, where he completed projects for both operating companies and private equity investors. A.B. received a B.S. in Materials Science & Engineering from the Massachusetts Institute of Technology. He lives in Boston’s South End and outside of work, enjoys skiing, cycling, traveling and cheering on his home-town Patriots and Celtics.

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2015

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Thrive Networks

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Ascend Technologies
Connectivity Wireless
Edafio Technology Partners
TowerCom