Thrive Honored as MSP of the Year

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Recognized by Kaseya for excellence in multiple disciplines

FOXBOROUGH, Mass., May 20, 2019 /PRNewswire/ — Thrive, a premier provider of Next Generation Managed Services announced today that they have been honored as “MSP of the Year” by Kaseya at their Techie Award Show.

The Techie Award winners were announced during an awards ceremony on May 9, 2019 at Kaseya’s Connect IT 2019 in Las Vegas. The award recognizes MSPs for their excellence in high customer satisfaction scores and retention, efficiency automation, fastest growth, high profits, high employee retention and commitment to tech professional development. 

Connect IT is a four-day conference that allows IT professional and business owners to join industry leaders and the Kaseya team in discussion on the evolving landscape of information technology and its impact on modern business. Thrive CEO, Rob Stephenson, had the opportunity to participate on a panel with board member, Abhiskek Rampuria of M/C Partners, during the pre-conference M&A advisory forum.

Kaseya introduced The Techies for the first time at the 2019 Connect IT conference as an award show for the IT community. Managed Service Providers and IT Administrators were recognized in a range of areas including Efficiency, Automation, Community Impact, Growth and overall excellence.

“It was a pleasure attending and serving on Kaseya’s Connect IT M & A advisory panel with fellow board member, Abhishek Rampuria of M/C Partners. Thrive is truly honored to have been selected as the ‘MSP of the Year,’ a tremendous achievement bestowed by one of the leading industry vendors and our valued partner, Kaseya. Congratulations to the entire Thrive team for this prestigious accomplishment,” stated Rob Stephenson, CEO of Thrive.

Thrive’s recognition by Kaseya is a testament to the strides the company has made in the MSP community over the last year. Recently, Thrive was ranked #11 among the overall Top 100 Vertical Market MSPs by Channel E2E, while placing fifth in the Financial Services market. This is a jump from the #26 spot that the company was ranked the year prior.

About Thrive

Thrive is the leading application enablement provider for Enterprises in a Cloud and SaaS-based world.  As one of the largest Managed Services Providers in the United States, Thrive optimizes business application performance with their Suite of Next Generation Managed Services, which include Public, Private & Hybrid Cloud management, Cybersecurity, Networking, Disaster Recovery and more. Thrive’s Next Generation Platform helps compliance-driven businesses solve complex IT problems by delivering peak application performance around the globe, 24×7. For more information, visit www.thrivenetworks.com.

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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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BOARD POSITIONS

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

 

TEAM MEMBERS

SECTOR

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.

Joined

2023

AFFILIATED PORTFOLIO

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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.

Joined

2022

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AFFILIATED PORTFOLIO

Ascend Technologies
Consortium Networks
C3 Integrated Solutions
SoniqWave

 

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 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.

JOINED

1986

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Connectivity Wireless

 

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

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BOARD POSITIONS

Ascend Technologies
Connectivity Wireless
Edafio Technology Partners
TowerCom