PITTSBURGH, Sept. 7, 2022 /PRNewswire/ — Magna5, a nationwide supplier of managed IT companies and a NewSpring Holdings platform firm, at this time introduced its acquisition of Interphase Methods, a Philadelphia-based managed IT companies supplier servicing companies within the Philadelphia metropolitan area with a specific experience in servicing the life sciences and monetary companies sectors. That is the fifth managed companies acquisition for Magna5 and additional strengthens the agency’s place as a formidable participant within the Northeast and Mid-Atlantic areas providing a variety of managed IT companies together with community administration, cybersecurity, information restoration and cloud companies.
“We’re thrilled to affix the Magna5 crew and sit up for leveraging their gross sales and advertising experience to increase our buyer base within the Philadelphia area,” says John Biglin, CEO of Interphase Methods. “Our present prospects may even profit from Magna5’s broader set of capabilities and technical sources.”
“Our purpose is to be a real enterprise accomplice with our prospects, serving to them to scale their enterprise operations effectively and successfully by leveraging our portfolio of managed IT and cloud companies,” says Bob Farina, CEO of Magna5. “We’re very excited to welcome the Interphase Methods crew and increase our presence within the better Philadelphia area.”
The demand for real-time cybersecurity safety, information backup/restoration, centralized community monitoring, cloud internet hosting and 24/7 assist desk help mixed with Magna5’s superior service choices have the corporate on tempo to report natural progress of over 20% yr over yr.
About Magna5
Magna5, a NewSpring Holdings platform, gives managed IT companies, cybersecurity, non-public and public cloud internet hosting, backup and catastrophe restoration and different superior IT companies to mid-market and enterprise prospects, together with leaders inside the training, healthcare, authorities, monetary companies, manufacturing, and different business segments. Headquartered in Pittsburgh, PA, Magna5 has prospects nationally.
About NewSpring Holdings
NewSpring Holdings, NewSpring’s devoted holding firm with a method centered on management buyouts and platform builds, brings a wealth of information, expertise, and sources to take worthwhile, rising firms to the following stage via acquisitions and confirmed natural methodologies. Based in 1999, NewSpring companions with the innovators, makers, and operators of high-performing firms in dynamic industries to catalyze new progress and seize compelling alternatives. The Agency manages over $2.5 billion throughout 5 distinct methods masking the spectrum from progress fairness and management buyouts to mezzanine debt. Partnering with administration groups to assist develop their companies into market leaders, NewSpring identifies alternatives and builds relationships utilizing its community of business leaders and influencers throughout a wide selection of operational areas and industries. Go to NewSpring at www.newspringcapital.com.
SOURCE Magna5
