Foxborough, MA, USA, June, 2021 -- Thrive, a provider of NextGen Managed Services, has acquired ONI, a U.K. Cloud, hybrid managed IT, Cisco Gold Partner and data center services provider based in Luton, Bedfordshire, England. Thrive has accelerated growth with its recent investment from Court Square Capital Partners, and the ONI acquisition marks the company's initial steps to significantly increase its geographic footprint, both domestically and internationally.
"ONI is a tremendous IT managed services company with deep Cisco WAN, Unified Communication and Cloud expertise," said Rob Stephenson, CEO of Thrive. "We were attracted to ONI due to their strong management team, led by CEO Kevin Kivlochan, attractive customer base, and desirable geographic location, just north of London. Thrive plans to add our robust Microsoft and cyber security capabilities to assist the ONI clientele, and we're very excited to utilize their expert WAN engineering team to drive additional value to Thrive's client base."
"ONI has been committed to providing our customers with the availability, performance, and agility required to transform their business," said Kevin Kivlochan, CEO of ONI. "We are ecstatic to join the Thrive family to complement and grow its extensive NextGen portfolio of solutions with our critical and business assured infrastructure objectives, delivering performance, high availability, flexibility, and redundancy. This will enable us to further advance our support to our existing clients in the U.K. with a wider range of service and support offerings."
Mr. Kivlochan will become the Chief Executive for Thrive's European Operations, reporting directly to Rob Stephenson, and all ONI personnel will remain onboard working directly for him.
With the completion of this transaction, ONI will mark Thrive's eleventh acquisition since 2016. Recently, Thrive scaled its Mid-Atlantic region presence in the U.S. with the acquisitions of Howard Tech Advisors and Apex IT Group.
Posted by Veronica Silva Cusi, news correspondent
Source: https://www.prnewswire.com
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Published: Monday, June 7, 2021
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