A Blank Rome team represented Magna5 MS LLC, NewSpring Holdings’ managed IT, cybersecurity and cloud-based services platform, in its acquisition of substantially all the assets of Interphase Systems, Inc., a Philadelphia-based managed IT services provider. The transaction closed on September 1, 2022 and is the third acquisition into Magna5’s platform this year. Blank Rome previously represented Magna5 in its acquisitions of Stable Networks, Inc., a North Carolina-based managed IT service provider and TCG Network Services, a leading Massachusetts-based managed IT and cybersecurity services provider.
For more information on each transaction, please read the following press releases:
- Magna5 Continues Expansion of Managed IT Services Business through the Acquisition of Interphase Systems, Inc. (press release, September 7, 2022)
- Magna5 Continues Strong Growth Through Acquisition of Stablenet (press release, May 10, 2022)
- Magna5 Continues Expansion of Managed Services Business through Acquisition of TCG Network Services (press release, March 2, 2022)
The Blank Rome team was led by Alan L. Zeiger, Molly Crane, Brock C. Wittmeyer, and Jake Shapiro, with additional support from Mark Blondman, Jennifer J. Daniels, Cory G. Jacobs, Michael A. Kadlec, Lisa Casey Spaniel, Shlomo Troodler, Jacob M. Brownstein, Blake Fink, Danielle I. Mabe, Brian P. O’Neil, Adam R. Sansweet, and Ivy Shapiro.
