Seward & Kissel Represents S7 Technology Group in connection with its sale to Thrive
July 19, 2021
On July 14, 2021, Thrive announced that it had acquired S7 Technology Group, an information technology services provider for the financial industry. Seward & Kissel was pleased to represent S7 Technology Group in connection with this middle market M&A transaction.
S7 Technology Group is a New York-based SSAE 18- audited, value-driven technology firm that provides turnkey, full-service IT solutions and ongoing support to financial institutions. Thrive is a Massachusetts-based leading provider of NextGen managed services and cyber security designed to drive successful business outcomes through application availability, enablement and optimization.
Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel “advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping” and “also handles complex middle-market deals in the media industry and international sell-side M&A.“
The company’s announcement describing this transaction is available here.