Morgan Partners Advises InfoHedge in its Strategic Transaction with M/C Partners-backed Thrive
NEWTON, Mass., July 12, 2018 /PRNewswire/ -- Morgan Partners, a distinguished middle market investment bank focused exclusively on serving financial technology companies for over 13 years, is proud to announce that it advised InfoHedge Technologies, LLC ("InfoHedge") on its transaction with Thrive Operations, LLC ("Thrive"), a portfolio company of M/C Partners.
InfoHedge is a leading managed service provider to the financial services community, delivering enterprise-grade, fully managed private cloud infrastructure and application hosting to over 200 hedge funds, prime brokers, broker-dealers, investment advisors, private equity firms, and other asset managers. Partnered with Thrive, InfoHedge will become a distinct division focused on the alternative investment management segment.
"Hiring Morgan Partners was one of the best decisions we made," said Sasha Kouperman, President of InfoHedge. "Morgan Partners was tremendous. They ran a wonderful process and provided invaluable counsel to our shareholders throughout." Eugene Kushnirskiy, Chief Technology Officer of InfoHedge, added, "Morgan Partners is excellent at what they do. This deal would not have happened without them."
Marc Maselli, Founder and Managing Director of Morgan Partners, commented, "InfoHedge has done a terrific job advancing the company's position as a leading provider of private cloud, application hosting, and infrastructure services to buy-side capital markets firms. By partnering with Thrive, one of the largest managed services providers in the U.S., the business is poised for continued success." The full release can be read here.
Investment banking services are provided by Morgan Partners LLC, a registered broker-dealer and member of FINRA and SIPC.
About Morgan Partners
Morgan Partners LLC is a leading financial technologies-focused investment bank providing sell-side and buy-side M&A, fundraising, and corporate development advisory services. The firm has deep industry knowledge across capital markets, banking, insurance, and related financial services domains. Morgan Partners was founded in 2005 and is run by Managing Directors who have built and exited their own businesses before entering banking.
About Thrive
Thrive is a leading next generation managed services provider. The Thrive technology solutions suite utilizes Cloud, Cyber Security, Networking, Disaster Recovery and other pioneering managed services to help compliance-driven businesses solve complex IT issues. Thrive was acquired by M/C Partners in 2016 as a Northeast United States growth platform to service the Financial Services, Healthcare, Biotech, Life Sciences, Banking and other mid-market verticals. In developing this new technology service ecosystem, Thrive is uniquely positioned to offer compliance-based solutions to its valued client base. For more information, visit www.thrivenetworks.com.
About InfoHedge
InfoHedge Technologies is a premier infrastructure-as-a-service managed service provider to the financial services community. InfoHedge's flagship product, InfoHedge Hosted Platform ("IHP"), provides a turnkey, enterprise-grade, fully managed private cloud infrastructure on par with those of Tier 1 banks without the associated capital expenditures, design and maintenance. InfoHedge also hosts mission-critical business applications and provides related IT services and support. IHP is a single-custody solution (e.g., all software and data is housed on equipment owned and operated by InfoHedge) architected with best practices garnered from years of experience managing complex trading platforms for demanding clients. InfoHedge's customers include Hedge Funds, Prime Brokers, Broker Dealers, Asset Managers, Investment Advisors, Private Equity and Investment Banks with a combined client base on the buy side that exceeds $550B AUM. InfoHedge is headquartered in New York City, with additional employees in Boston, Chicago, Dallas, San Francisco, Connecticut, and Florida. For more information, visit https://www.infohedge.net/.
About M/C Partners
M/C Partners is a private equity firm focused exclusively on the communications, media, and information technology sectors. The firm has invested over $2.2 billion of capital into nearly 100 companies in those sectors. M/C-backed companies include Cavalier Telephone, Denovo, Ensono, Everstream, Fusepoint, ICG Communications, Involta, Legendary Pictures, Lightower, MetroPCS, NuVox, and Zayo Group. The firm has strong institutional backing from the nation's leading pension funds and endowments as well as a long track record of success. M/C Partners has offices in Boston and San Francisco. For more information, visit www.mcpartners.com.
SOURCE Morgan Partners LLC
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