Thrive announces acquisition of S7 Technology Group

S7 Technology Group, an information technology services provider for the financial industry, is now part of Thrive. The company acquired the Manhattan-based technology company which provides full-service IT solutions, ongoing support to financial institutions, comprehensive end-to-end framework, Azure Partner status, and laser focus on the Private Equity industry support. The acquisition provides a competitive edge for the firm which is seeking to maximise its technology return on investment. 

“Adding S7 and their talented management team to the Thrive family signals our continued commitment to enhance our financial services practice, particularly in New York,” Rob Stephenson, CEO of Thrive, said. “Thrive’s Cyber Security and advanced Microsoft Digital Transformation solutions, designed for financial customers, reinforce our mission to support the strategic technology needs of Private Equity firms with a unique blend of managed services, portfolio engagement services, and consulting to ensure security, compliance and performance.”

“For more than a decade, S7 Technology Group has enabled financial businesses to leverage the performance, security, and scalability previously only afforded to large enterprises and we’re thrilled to be joining the Thrive team,” Scot Guido, CEO of S7 Technology Group, said. “We’re incredibly impressed by the level of automation and operational efficiencies of Thrive’s ServiceNow platform and the enhanced Cyber Security capabilities of their 24×7 Security Operations Center (SOC). Our clients will benefit greatly from our new partnership with Thrive.”

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