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New Deal


Announced

Completed

Court Square Capital-backed Thrive completed the acquisiton of Edge Technology Group.

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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Acquisition

Friendly

Completed

Majority

United States

Domestic

Private

IT Services: Other

Private Equity

it services

Single Bidder

Synopsis

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Court Square Capital-backed Thrive, a provider of cybersecurity and digital transformation managed services, completed the acquisiton of Edge Technology Group, a technology advisory and fully-managed IT service provider for alternative investment managers. Financial terms were not disclosed. "Edge Technology Group is the leading Financial Industry MSP in the world. Their talented engineering and account management teams will now have access to the Thrive Automation Platform and our 24x7x365 comprehensive suite of Cybersecurity SOC services to enhance the Edge client experience," Rob Stephenson, Thrive CEO.

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