Announced

Berkshire Partners and Court Square Capital to invest in Thrive.

Synopsis

Berkshire Partners, a specialist investor in private and public equity, and Court Square Capital, a middle market private equity firm, agreed to invest in Thrive, a provider of cybersecurity, cloud, and IT managed services. Financial terms were not disclosed. “Thrive’s impressive leadership team has built a remarkable organization, and we are thrilled to begin our partnership alongside Court Square. The complexity of the IT and cybersecurity challenges that companies face today have never been greater,” added Marcus Dodyk, Principal at Berkshire Partners. “These tailwinds and the need for effective IT and cybersecurity services will continue to create opportunities for exceptional, customer-first MSP/MSSPs like Thrive,” Candice Corvetti, Berkshire Partners Managing Director.

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