Magna5 Acquires IT Managed Service Provider Stablenet.

MANews-(C)2009-2022

US-based managed IT services provider Magna5, a NewSpring Holdings platform company, has acquired North Carolina, US-based managed IT service provider StableNet, the company said.

StableNet has clients in the manufacturing, legal and financial sectors.

This is the fourth managed services acquisition for Magna5 and comes on the heels of Magna5's record 2021 and 1Q22 organic revenue growth of over 20% year-over-year.

The demand for real-time cybersecurity protection, data backup/recovery, centralized network monitoring, cloud hosting and 24/7 help desk support combined with Magna5's superior service offering have the company on pace to continue record growth.

Magna5, a NewSpring Holdings platform, provides managed IT services, cybersecurity, private and public cloud hosting, backup and disaster recovery and other advanced...

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