Thrive to acquire Abacode.

Thrive, a global technology outsourcing provider, agreed to acquire Abacode, a cybersecurity and compliance solutions provider. Financial terms were not disclosed. “Compliance is a hurdle for many small and mid-sized enterprises, because they simply don’t have the time or resources dedicated to tracking every change that could impact their business. Abacode’s strong leadership, robust offerings, and MCCP model align with our high-touch, customer-first approach, making them a natural fit for us. With the team at Abacode, Thrive is strongly positioned to help clients manage increasingly stringent cybersecurity regulations,” Bill McLaughlin, Thrive CEO.