Magna5 Acquires Shock I.T. Support

Magna5 Acquires Interphase Systems, Inc.

September 7, 2022

IT Services

Magna5, a NewSpring Holdings platform company, has acquired Interphase Systems, a Philadelphia-based managed IT services provider. The add-on expands Magna5's presence in the Philadelphia metropolitan region and strengthens its capabilities in managed IT, cybersecurity, data recovery and cloud services—notably for life sciences and financial services customers.

Magna5 Acquires TCG Network Services

March 3, 2022

IT Services

Magna5, a national managed IT and cybersecurity provider and a NewSpring Holdings platform company, has acquired Boston-based TCG Network Services. The deal — facilitated by ITX — expands Magna5’s managed IT, cybersecurity and cloud capabilities while allowing TCG’s regional team to leverage Magna5’s broader resources.

Magna5 Acquires TCG Network Services

February 2, 2022

IT Services

Magna5, a NewSpring Holdings platform company, has acquired Boston-based TCG Network Services to expand its managed IT, cybersecurity and cloud services capabilities. The deal strengthens Magna5’s regional service footprint and augments its cybersecurity, data recovery and cloud offerings for mid-market and enterprise customers.

Magna5 Acquires Advanced Network Systems

October 5, 2023

IT Services

Magna5, a NewSpring Holdings-backed managed IT and cybersecurity platform, has acquired Advanced Network Systems (ANS), a Charlottesville, Virginia-based managed IT and cybersecurity provider. The add-on expands Magna5's scale and presence in the Mid-Atlantic (Virginia and West Virginia) and strengthens its managed IT, cybersecurity, data recovery, and cloud service capabilities; financial terms were not disclosed.

Magna5 Acquires FullScope IT

September 10, 2024

IT Services

Magna5, a NewSpring Holdings platform company, has acquired FullScope IT to expand its managed IT, cybersecurity and cloud services footprint across the United States. The deal increases Magna5's operational density in the Northeast (New York to Virginia) and establishes a foothold in the Southwest via FullScope's Arizona operations, while adding FullScope's CMMC L2 compliance capabilities.

Magna5 Acquires ThreatAdvice

December 3, 2024

Cybersecurity

Magna5, a NewSpring Holdings platform company, has acquired ThreatAdvice to expand its managed security services capabilities and geographic presence in the U.S. Southeast. The deal brings ThreatAdvice's vCISO practice, 24×7 monitoring capabilities and a cybersecurity education software platform into Magna5's national managed IT and security offering as an add‑on to its platform.