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Mergers and Acquisitions


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Mergers and Acquisitions, MA

Thrive Continues to Expand in Florida with DSM Acquisition

  • Written by Claudia Adrien
  • June 24, 2022
DSM will provide Thrive with a state, local and education (SLED) platform from which to grow nationally.

Managed service provider Thrive is buying DSM, a Florida-based provider of managed IT services to government agencies. DSM’s existing government and corporate clients will benefit from Thrive’s next-gen managed cybersecurity, the companies said. In addition, Thrive’s global cloud footprint and Microsoft collaboration services strengthen its offerings to state, local and education (SLED) agencies across the U.S.

DSM is the third acquisition by Thrive in Florida in the last six months. It builds upon its established presence in the Southeast. Considered a top-ranked MSP, Thrive came in 50th on the 2022 Channel Futures MSP 501 list.

SLED National Growth

Thrive's Rob Stephenson

Thrive’s Rob Stephenson

Rob Stephenson is Thrive’s CEO.

“DSM is a leader in the SLED space with significant traction in the state of Florida. With this partnership, they’ll be able to augment their cloud-based service offerings via Thrive’s SOC and comprehensive suite of cybersecurity services,” Stephenson said. “DSM’s talented engineers and experienced management team will help to greatly enhance our rapidly growing Florida presence, as well as position the SLED vertical to go national under their leadership.”

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

Founded in 1986, DSM has been helping clients achieve their IT goals. It provides solutions for data protection, disaster recovery and managed cloud services. This was bolstered by the company’s CJIS compliant data centers. DSM offers clients the ability to survive and recover quickly from a data breach or ransomware attack. DSM’s team of professionals develop flexible and cost-effective solutions, the company said. These address the challenges of customers that serve commercial, government and CJIS-bound agencies.

DSM's David Robinson

DSM’s David Robinson

David Robinson is CEO and founder of DSM.

“For over three decades, DSM’s primary objective for our clients has been to optimize their digital transformation and their journey to the cloud,” Robinson said. “We are delighted to be the newest members of the Thrive family as their dedication to providing a personalized IT path towards customer satisfaction complements our commitment to total IT peace of mind for our clients.”

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Claudia Adrien or connect with her on LinkedIn.
Tags: Cloud Service Providers MSPs Backup & Disaster Recovery Cloud Data Centers Mergers and Acquisitions Security Strategy Vertical Markets

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