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Thrive Acquires Maine, US IT Support Firm BizCompass
Monday 16 April 2018

16 April 2018 - US-based managed services provider Thrive has completed a merger transaction with Maine, US-based IT support firm BizCompass, the company said.

BizCompass serves the greater Portland, Maine area.

Led by CEO Tony Correale and CTO John Burghardt, BizCompass has grown to become a well-respected and recognized MSP in Maine and the surrounding northern New England region.

The BizCompass focus upon superior customer service, private cloud hosting and technical expertise is a natural fit for Thrive as they continue to expand their geographic and service delivery coverage.

Burghardt will join Thrive as a corporate executive with responsibilities for Northern New England technical operations and working on Thrive's five national data centre and cloud footprints.

Tony Correale will continue as a business development executive in Northern New England and he will be joined by Rob Nevins, a Maine technology veteran of more than 18 years.

BizCompass now becomes the fourth member to join the Thrive platform within the past eighteen months and they will be the new operational center for Northern New England.

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.

BizCompass is an IT support firm in Maine.

It offers proactive and evasive monitoring and prevention services for technology devices.

Its programmes provide complete protection of Windows-based servers, Windows-based PCs, network hardware, and supported peripherals.

BizCompass solutions are engineered to evade costly repairs through a smart response technology that will take evasive action while contacting us for follow through resolution.

M/C Partners is a private equity firm focused exclusively on the communications, media, and information technology sectors.
Details
Date Published: 16/04/2018
Target: BizCompass
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Thrive
Comment:
Terms of the deal were not disclosed

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