Thrive Acquires Edge Technology Group

Thrive, a premier provider of cybersecurity and digital transformation managed services, announced that it has acquired Connecticut-based Edge Technology Group, a global technology advisory and fully-managed IT service provider for alternative investment managers.

The acquisition adds new global offices and data centers across Australia, Hong Kong, the Philippines, Singapore and the United Kingdom, strengthening Thrive’s international presence.

Edge clients, including hedge funds, private equity firms, family offices, and asset managers worldwide will benefit from Thrive’s next-generation managed cybersecurity, collaboration and cloud services.

Founded in 2007, Edge is a global technology advisory and fully managed Financial Services IT service provider that provides advisory services and cloud computing solutions to alternative investment managers. Edge serves more than 300 hedge fund, asset managers, private equity, REIT and wealth management clientele, providing public cloud configurations that are designed to address business needs of this disparate client base. Edge Technology Group has 265 employees that include a team of client-centered IT strategists and engineers.

“Edge Technology Group is the leading Financial Industry MSP in the world,” said Rob Stephenson, Thrive’s CEO. “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.”

Edge Technology Group CEO Jim Nekos added, “As a founder-owned managed services provider, we are fully immersed in advancing clients’ alternative investment practices via our IT advisory services and cloud computing solutions.”

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