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.