Magna5 Acquires U.S. Operations of Apogee IT Services
February 6, 2023
Magna5, a NewSpring Holdings platform company, has acquired the U.S. assets/operations of Apogee IT Services to expand its managed IT, cybersecurity and cloud services footprint in the Pittsburgh and Boston markets. The add-on strengthens Magna5’s delivery capabilities and brings Apogee’s U.S. customers and technical team onto Magna5’s larger, PE-backed platform.
- Buyers
- Magna5, NewSpring Holdings
- Targets
- Apogee IT Services
- Sellers
- Apogee IT Services
- Platforms
- Magna5
- Industry
- IT Services
- Location
- United States
- Transaction Type
- Addon
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