Massachusetts-based company acquires prominent IT business in region

SARASOTA — After 25 years in the business, a technology solutions company in Sarasota has been acquired by Thrive, a Massachusetts-based NextGen managed services provider.

SouthTech has guided more than 275 companies in the region with tailored IT solutions according to a statement. Now, with the acquisition, those businesses can expect enhanced support through Thrive’s next-generation managed cybersecurity, collaboration and cloud services, company officials say. 

“For over 25 years, SouthTech’s mission (has been) to be a trusted long-term partner to companies by delivering custom technology solutions and being a people-first managed service provider,” says Nathan Bailey, CEO and COO of SouthTech, in the statement. “We’re excited to join the Thrive family as their overarching goal aligns with our values and IT service offerings as a technological guide for customer’s path to success.”