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New Deal


Announced

Completed

Thrive completed the acquisition of InCare Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

it solutions

Domestic

Single Bidder

Completed

United States

information technology

Acquisition

Private

Majority

Friendly

Synopsis

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Thrive, a premier provider of NextGen Managed Services, completed the acquisition of InCare Technology, a nationally recognized information technology managed services provider. Financial terms were not disclosed. "InCare Technologies is one of the best-run MSPs that we've had the privilege of working with. Their operational maturity, management team, employee technical acumen and commitment to customer service make them the perfect partner for Thrive to anchor our Southern expansion. Thrive's ServiceNow platform, sophisticated 24x7x365 Security Operations Center (SOC) practice and Public, Private & Hybrid Cloud solutions will undoubtably benefit InCare's loyal clientele and attract future prospects within the region," Rob Stephenson, Thrive CEO.

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