NewSpring Capital Logo

through their portfolio company

Magna5 logo

has acquired

Stablenet Logo

Dinan & Company initiated this transaction

Magna5, a portfolio company of NewSpring Capital, acquires Stablenet

Buyer

NewSpring Capital

A family of targeted private equity funds focused on the Mid-Atlantic region of the United States.

Portfolio Company

Magna5

Provides managed IT services, cybersecurity, private and public cloud hosting, backup and disaster recovery and other advanced services to mid-market and enterprise customers nationwide.

Seller

Stablenet

A leading IT integration and outsourcing company serving the Carolinas.

Industry

Business Services
Technology

Sector

IT & Managed Services

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