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Pittsburgh, September 7, 2022 /PRNewswire/ — Magna5, a managed IT services provider and platform company of NewSpring Holdings, today announced the acquisition of Interphase Systems. PhiladelphiaA managed IT service provider serving businesses based in Philadelphia A metropolitan region with particular expertise in serving the life sciences and financial services sectors. This is Magna5’s fifth managed service and further strengthens the company’s position in the Northeast and Mid-Atlantic regions, offering a range of managed IT services including enterprise management, cyber security, data recovery and cloud services.
“We are excited to join the Magna5 team and expand our customer base at Philadelphia region,” he says. John Biglin, CEO of Interphase Systems. “Our current customers will benefit from Magne5’s extensive capabilities and technical resources.”
“Our goal is to be a true business partner with our customers, helping them grow their business efficiently and effectively using a portfolio of managed IT and cloud services,” he says. Bob Farina“We are delighted to welcome the Interphase Systems team and expand our presence to a larger scale,” said Magna5 CEO. Philadelphia region”
Demand for real-time cyber security protection, data backup/recovery, centralized network monitoring, cloud hosting and 24/7 help desk support combined with Magna5’s superior service offerings has propelled the company to over 20% year-over-year organic growth.
About Magna5
Magna5, a NewSpring Holdings platform, provides managed IT services, cybersecurity, private and public cloud hosting, backup and disaster recovery and other advanced IT services to mid-market and enterprise customers, including leaders in education, healthcare, government, financial services. manufacturing, and other industrial sectors. In the headquarters Pittsburgh, PAMagna5 has customers nationwide.
About Newspring Holdings
NewSpring Holdings, NewSpring’s dedicated holding company focused on acquisitions and platform developments, brings a wealth of knowledge, experience and resources to grow profitable, leveraged companies through acquisitions and proven organic methods. In the year Founded in 1999, NewSpring partners with innovators, makers and operators of high-performing companies in dynamic industries to drive innovation and capitalize on compelling opportunities. The organization will manage again. 2.5 billion dollars Five different strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to grow their businesses into market leaders, NewSpring identifies opportunities and builds relationships using a network of industry leaders and influencers across a variety of fields and industries. Visit NewSpring at www.newspringcapital.com.
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