Magna5, a portfolio company of NewSpring Holdings, has completed its integration campaign, bringing together products, services, and solutions of three established telecommunications providers: X5 Solutions of Seattle, WA, CornerStone Telephone Company of Albany, NY, and NovaTel Ltd. of San Antonio, TX, the company said.
The companies are now one, under the brand Magna5, a national Network Service Provider (NSP) and Managed Service Provider (MSP).
Headquartered in Dallas, TX, Magna5 operates office and network facilities across the country, including Miami, FL, Albany, NY, New York City, San Antonio, TX, Portland, OR, Los Angeles, CA, and Seattle, WA.
Currently delivering network services, unified communications and infrastructure technology to more than 7,500 mid-market customers, Magna5´s customer base includes regional leaders within technology, education, healthcare, government, financial services and beyond.
Magna5 develops, deploys and operates a nationwide, proprietary, secure network designed to leverage diversified carriers and infrastructure in targeted points-of-presence (PoPs) throughout the United States, a key strategy for network reliability.
NewSpring Holdings, LLC, NewSpring Capital´s dedicated buy and build strategy, focuses on control buyouts and platform builds, targeting profitable, growing companies seeking a financial partner to better assist them in achieving their goals.