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FRISCO, Texas - March 18, 2020 - (Newswire.com)

Magna5, a leading provider of managed IT, cybersecurity and telecommunications services, announced today that CRN®, a brand of The Channel Company, has named Magna5 to its 2020 Managed Services Provider (MSP) 500 list in the Elite 150 category.

The annual list recognizes the most groundbreaking managed service providers in North America, whose forward-thinking approaches are changing the landscape of the IT channel. Magna5 was selected for its well-rounded service offerings and proactive approach to managed services. The company specializes in providing managed IT and network services, including cybersecurity, data backup and disaster recovery, SD-WAN and UCaaS. Its 24/7/365 continuous network monitoring makes it easier for mid-market and enterprise businesses to avoid costly disruption and downtime.

Managed service providers are critical partners for businesses that care about reliability, compliance and security. They deploy complex technologies cost-effectively and then manage everything so companies can focus on their core business. CRN’s MSP 500 list singles out managed service organizations that offer approaches with endless potential for growth.

"MSPs are the critical bridge for customers looking to assess, implement and migrate their IT and cloud solutions to drive efficiencies, lower costs and secure your environment," said Bob Skelley, CEO of The Channel Company. "On behalf of our team at The Channel Company, I want to congratulate the accomplished companies on CRN’s 2020 MSP 500 list and thank them for their commitment to finding innovative solutions that move the IT channel forward."

“Magna5 is honored to be included in the CRN MSP 500 – Elite 150 list for the second consecutive year”, said Bob Farina, CEO of Magna5. “Our managed services provide the right blend of people, processes and emerging technologies to provide a high level of service while driving down costs. We take pride in paving the way for organizations to improve responsiveness and service delivery for a better customer experience.”

The MSP500 list will be featured in the February 2020 issue of CRN and online at www.CRN.com/msp500.

About Magna5

Magna5, a NewSpring Holdings portfolio company, provides managed IT, voice and connectivity solutions to mid-market and enterprise customers nationwide, including leaders within the education, healthcare, government, financial services and other industry segments. Headquartered in Frisco, TX, Magna5 operates nationally and has office locations in Pittsburgh; San Antonio; Seattle; and Troy, NY. Magna5 is a platform company of NewSpring Holdings. For more information, visit www.magna5global.com.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

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