Thrive expands data center footprint with acquisition of UK firm Oni

Thrive has jumpstarted its expansion with the acquisition of data center services provider Oni. Backed by private equity firm Court Square Capital Partners, the deal gives the fast-growing MSP a European data center footprint.

Although the deal's financial terms have not yet been disclosed, this is Thrive's third acquisition this year and eleventh since 2016. Oni has a Luton-based Tier III+ data center spanning 19,000 sq ft.

Kevin Kivlochan will become Chief Executive for Thrive's European Operations. He said: "We are ecstatic to join the Thrive family to complement and grow its extensive NextGen portfolio of solutions with our critical and business assured infrastructure objectives, delivering performance, high availability, flexibility, and redundancy."

He added: "This will enable us to further advance our support to our existing clients in the U.K. with a wider range of service and support offerings."