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PRESS RELEASE
BOSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) —
Thrive
, a leading global technology outsourcing provider specializing in cybersecurity, Cloud, and IT managed services, today announced its acquisition of Secured Network Services (SNS), a prominent New Hampshire-based IT provider serving organizations across various industries, including healthcare, non-profit, and municipal government. This strategic acquisition enables Thrive to expand its presence in the New England market, bringing its cutting-edge global Security Operation Center (SOC) and Hybrid Cloud solutions to SNS’ customers.
As cyber regulations continue to evolve and become increasingly complex across industries, such as the proposed changes to the Health Insurance Portability and Accountability Act (HIPAA) Privacy and Security rules in 2025, the acquisition of SNS will enhance Thrive’s vertical industry expertise. This will ensure that healthcare, non-profit, and government customers receive the latest industry insights to navigate these challenging landscapes effectively. Together, Thrive and SNS will provide customers in New Hampshire and beyond with access to industry-leading resources and Thrive’s global high-touch 24x7x365 service commitment.
“We were drawn to SNS’ similar philosophy of delivering exceptional technical expertise and unwavering dedication to customers,” said Bill McLaughlin, CEO of Thrive. “Their extensive vertical knowledge will enable us to continue providing the best technology solutions to businesses across various industries, further solidifying our position as a leading technology outsourcing provider.”
This acquisition marks Thrive’s 12th acquisition in the past two years, following the recent acquisitions of Michigan-based Safety Net and North Carolina-based The Longleaf Network. In addition to geographic expansion, Thrive has also received a strategic investment from Berkshire Partners and Court Square Capital Partners, which will enable the company to continue scaling its capabilities.
“Our team is excited to accelerate our growth and provide our customers with access to Thrive’s innovative NextGen solutions,” said Kevin M. Low, Founder & CEO at SNS. “Our mission of helping businesses maximize their technology investments aligns seamlessly with Thrive’s commitment to delivering exceptional technology outcomes and oversized ROI for each customer. We look forward to advancing our capabilities and better supporting our customers in navigating the complex IT landscape with Thrive’s partnership.”
To learn more about Thrive and its offerings, please visit the website.
About Thrive
Thrive provides comprehensive global technology outsourcing for cybersecurity, Cloud, networking, and complex IT requirements. The company’s NextGen platform enables customers to increase business efficiencies through standardization, scalability, and automation, delivering exceptional technology returns on investment (ROI). Thrive’s services include advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. The company delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.
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