Thrive Announces President & CTO Promotions

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FOXBOROUGH, Mass., March 9, 2018 /PRNewswire/ — Thrive, a leading provider of next generation managed services, proudly announces today that Marc Pantoni has been promoted to President and Michael Gray is now the Chief Technology Officer for the company.

“Thrive recognizes talent and hard work. The extraordinary capabilities that Marc Pantoni and Michael Gray have demonstrated throughout their tenures are the basis for elevating these two dedicated employees to critical positions,” said Rob Stephenson, CEO. “Congratulations to both gentlemen and it’s my distinct pleasure to work side by side with each of them as Thrive continues our pioneering accomplishments in the next generation managed services space.”

Mr. Pantoni was the former CEO of Precision IT, NY, NY, merging with Thrive in 2017.  Marc will continue to be based in the Tri-State region, but will assume a corporate role overseeing Service Delivery, Integration, Operations & Engineering, in addition to continuing to run New York Operations.

Mr. Gray is a Thrive veteran of more than a decade, rising quickly through the ranks from engineer to multiple senior executive roles.  His primary responsibilities will include Thrive’s technical product roadmap, as well as overseeing Cyber Security, Cloud, Compliance & Application Development.  Michael will continue to be based in Massachusetts.

About Thrive

Thrive is a leading next generation managed services provider.  The Thrive technology solutions suite utilizes Cloud, Cyber Security, Networking, Disaster Recovery and other pioneering managed services to help compliance-driven businesses solve complex IT issues. Thrive was acquired by M/C Partners in 2016 as a Northeast United States growth platform to service the Financial Services, Healthcare, Biotech, Life Sciences, Banking and other mid-market verticals. In developing this new technology service ecosystem, Thrive is uniquely positioned to offer compliance-based solutions to its valued client base.

To learn more, visit Thrives new and improved website www.ThriveNetworks.com and follow us on LinkedInTwitterGoogle+ and Facebook.

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Brian J. Hawthorne
Vice President of Marketing
617-952-0242
191612@email4pr.com

View source version here: https://www.prnewswire.com/news-releases/thrive-announces-president–cto-promotions-300611478.html

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.

Joined

2022

AFFILIATED PORTFOLIO

Contact

BOARD POSITIONS

AccentHealth

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

TEAM MEMBERS

SECTOR

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 a founding managing partner, 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), Triad Communications (acquired by T-Mobile), Brooks Fiber Properties (IPO and sale to AT&T Wireless), 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.

JOINED

1986

Contact

BOARD POSITIONS
Connectivity Wireless

 

Connectivity
Wireless
Involta

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.

Joined

2015

AFFILIATED PORTFOLIO

Thrive Networks

Contact

BOARD POSITIONS

Ascend Technologies
Connectivity Wireless
Edafio Technology Partners
TowerCom