
Pittsburgh, September 7, 2022 /PRNewswire/ — Magna5, a national managed IT services provider and NewSpring Holdings platform company, today announced the acquisition of Interphase Systems. PhiladelphiaA managed IT service provider based in Philadelphia A metropolitan area with particular expertise in serving the life sciences and financial services sectors. This is his fifth managed services acquisition for Magna5, cementing the company’s position as a formidable player in the Northeast and Mid-Atlantic regions, providing a wide range of managed IT services, including network management, cybersecurity, data recovery and cloud services. further strengthen its position.
“We are delighted to be joining the Magna5 team and look forward to leveraging their sales and marketing expertise to grow our customer base. Philadelphia say region John Biglin, CEO of Interphase Systems. Our current customers will also benefit from the Magna5’s extensive capabilities and technical resources. “
“Our goal is to be a true business partner for our customers. We leverage our portfolio of managed IT and cloud services to help them scale their business operations efficiently and effectively.” Bob Farina, CEO of Magna5. “We are very pleased to welcome the Interphase Systems team and further expand our presence. Philadelphia region. “
Combining real-time cybersecurity protection, data backup/recovery, centralized network monitoring, cloud hosting, and 24/7 help desk support with Magna5’s superior service, Magna5 has grown organically over 20% year-on-year. Maintaining pace to record growth.
About Magna 5
NewSpring Holdings’ platform, Magna5, provides managed IT services, cybersecurity, private and public cloud hosting, backup and disaster recovery, and other advanced IT services to education, healthcare, government, financial services, manufacturing, and others. industry segment.Head office location Pittsburgh, PennsylvaniaMagna5 has customers all over the country.
About Newspring Holdings
NewSpring Holdings, NewSpring’s exclusive holding company with a strategy focused on control buyouts and platform building, brings a wealth of knowledge, experience, and resources to drive profitability through acquisitions and proven organic methodologies. We take high-growth companies to the next level. Founded in 1999, NewSpring partners with innovators, manufacturers and operators of high performing companies in dynamic industries to drive new growth and seize compelling opportunities. Our office is $2.5 billion Across five different strategies covering the range from growth equity and control buyouts to mezzanine debt. Partnering with executive teams to help develop businesses into market leaders, NewSpring identifies opportunities and builds relationships using a network of industry leaders and influencers across a variety of business lines and industries. Visit NewSpring at www.newspringcapital.com.
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