Thrive Ranked Among Top 100 Cloud Services Providers

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TEWKSBURY, Mass., Jan. 3, 2018 /PRNewswire/ — Thrive ranks among the world’s Top 100 cloud services providers (CSPs), according to Channel Futures seventh-annual Talkin’ Cloud (TC) 100 report, coming in at #44.

The full list is available now by visiting ChannelFutures.com.

Based on data from Channel Futures’ online survey, conducted between August to October 2017, the TC 100 list recognizes top cloud services providers (CSPs), including MSPs, hosting companies, cloud consultants and more. Rankings are based on annual cloud services revenue growth, and input from Channel Futures editors.

“We’re honored to have been recognized by Talkin’ Cloud in 2017 as an industry leader in Managed Cloud Solutions based on our continued growth,” said Rob Stephenson, Thrive’s CEO. “We’re constantly making significant investments in our own cloud platform as well as Thrive’s Public Cloud Management Practice in order to meet growing customer demand.  Thrive’s additional valued-added cyber security, network performance and compliance-management services provides our clients with a superior level of confidence around their SaaS and Cloud-based applications functionality on a daily basis.”

“On behalf of Channel Futures, I would like to congratulate Thrive for its recognition as a Talkin’ Cloud 100 honoree,” said Nicole Henderson, a contributing editor at Channel Futures who oversees the TC 100 project. “The organizations on this year’s list demonstrate everything from technological prowess to thought leadership to business excellence across a number of functional disciplines. If you want to understand where the market is heading, watch these companies in 2018.”

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 (www.mcpartners.com) in 2016 as a Northeast United States growth platform to service the Financial Services, Healthcare, Biotech, Life Sciences and regional Banking verticals. In developing this new technology services ecosystem, Thrive is uniquely positioned to offer compliance-based solutions to its vertically-focused client base.

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

About Informa

The Channel Futures brand is part of Informa which operates at the heart of the Knowledge and Information Economy. It is a leading business intelligence, academic publishing, knowledge and events business. For additional information on Informa, visit www.Informa.com and for information on Channel Futures, visit www.ChannelFutures.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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BOARD POSITIONS

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.

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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