Portfolio News

Magna5 Bolsters Managed Services Business Through Acquisition of SpinnerTech

This article was first published by Magna5.

FRISCO, TX (May 3, 2021)Magna5, a national provider of managed IT services and a NewSpring Holdings platform company, today announced its acquisition of SpinnerTech, a Long Island/New York-based managed IT services and cloud hosting company serving customers across a wide range of verticals.

“Since founding SpinnerTech in 2008, Adam Spinner has done a tremendous job building an organization with a strong reputation for customer service and delivering innovative and effective IT solutions to companies in the New York metropolitan area,” said Robert Farina, CEO of Magna5. “We are thrilled that Adam and his organization will be joining our team. Adam will take on a pivotal role for us as the Executive Director of the New York Metro region as we look to expand our presence in this highly attractive market."

Read more...

Related Articles

Celebrating 25 Years: 25 Tips for Growing Lower-Middle-Market Businesses

For 25 years, NewSpring has remained steadfast in our commitment to the lower-middle market, where...

Operating Advice

May 03, 2024

Read more

Sports, Media, and Entertainment Veterans Ariana Rae Diverio and Laura Miranda Launch B. Partners, a Revolutionary Revenue Strategy Consulting Firm

Sports, media, and entertainment industry leaders Ariana Rae Diverio and Laura Miranda...

Transactions & News
Portfolio News

April 02, 2024

Read more

Get the latest
NewSpring news

arrow_forwardSubscribe

Get the latest news delivered to your inbox

arrow_forward Subscribe now