Translink Corporate Finance in the US, Dinan & Company, acted as the advisor to Magna5, a portfolio company of NewSpring Capital, on the acquisition of Interphase Systems.
Magna5, a national provider of managed IT services and a NewSpring Holdings platform company, announced its acquisition of Interphase Systems, a Philadelphia-based managed IT services provider servicing businesses in the Philadelphia metropolitan region with a particular expertise in servicing the life sciences and financial services sectors. This is the fifth managed services acquisition for Magna5 and further strengthens the firm’s position as a formidable player in the Northeast and mid-Atlantic regions offering a wide range of managed IT services including network management, cybersecurity, data recovery and cloud services.