Magna5 Secures Impressive Ranking on the 2025 Inc. 5000
Recognized for the Third Consecutive Year Among America's Fastest-Growing Private Companies
Magna5, a national leader in managed IT services, cybersecurity, and cloud solutions, proudly announces its inclusion on the prestigious Inc. 5000 list for the third consecutive year, occupying an impressive rank of No. 1725. This list serves as a benchmark, highlighting the most successful companies that are powered by independent and entrepreneurial business models. Notable past honorees include industry giants like Microsoft, Meta, and Oracle.
“Achieving a position on the Inc. 5000 for the third straight year is a remarkable achievement for our Magna5 team,” exclaimed Robert Farina, the CEO of Magna5. “Our continuous growth speaks to our capacity to foresee client requirements, pursue innovative solutions—from secure AI to CMMC compliance—and provide managed IT and cybersecurity solutions that yield concrete business value. We deeply appreciate the trust that our clients place in us, allowing us to act as their partners in navigating today’s complex tech landscape.”
This year’s Inc. 5000 honorees have exhibited remarkable growth in challenging economic climates, characterized by inflation and labor market fluctuations. Among the highest-ranking 500 companies, the median growth rate for the past three years reached an astounding 1,552 percent, collectively contributing over 48,678 jobs to the economy across the nation.
Mike Hofman, editor-in-chief of Inc., remarked, “Making the Inc. 5000 is always a commendable achievement, but a spot this year underscores a company's resilience and clarity of vision. These businesses have not only survived the trials of rising costs and shifting global dynamics—they have thrived. Their journeys are a vibrant reminder that the entrepreneurial spirit drives the U.S. economy forward.”
Magna5's trajectory of growth is fueled by its extensive range of services, which includes Managed IT, Cybersecurity, Private and Public Cloud solutions, as well as IT Consulting and Procurement. The company consistently innovates and introduces cutting-edge technology, such as secure AI platforms and automation tools aligned with CMMC compliance standards. Through strategic acquisitions of various managed services providers, Magna5 has expanded its market reach and enhanced the quality of its service delivery. This adaptability has reinforced its status as a trusted partner for businesses of all types.
About Magna5
Magna5 operates under NewSpring Holdings, offering a comprehensive suite of services that include cybersecurity, managed IT, cloud hosting, compliance services, and IT consulting and procurement tailored for small to medium-sized businesses, mid-market firms, and enterprise clients across various sectors, including healthcare, finance, legal, and education. The company is based in Pittsburgh, PA, with support centers strategically located across the nation, ensuring quality service delivery to its clients.
More about Inc. and the Inc. 5000
Methodology
The ranking for the 2025 Inc. 5000 is determined by the percentage revenue growth from 2021 to 2024. To be eligible, companies need to be U.S.-based, privately held, and for-profit entities that were operational and generating revenue by March 31, 2021. Additionally, they should not be subsidiaries or divisions of other firms. A minimum revenue of $100,000 for 2021 is necessary to qualify, with $2 million as the threshold for 2024.
About Inc.
Inc. is a leading media platform aimed at entrepreneurs and business leaders shaping the future of industry. It seeks to inform and elevate the community of innovators, risk-takers, and driven individuals who are paving the way for successful business practices. Inc. is published by Mansueto Ventures LLC and is accompanied by the renowned publication Fast Company.
Frequently Asked Questions
What is the Inc. 5000 list?
The Inc. 5000 list highlights the fastest-growing private companies in America, showcasing their revenue growth and entrepreneurial spirit.
How did Magna5 rank in the 2025 Inc. 5000?
Magna5 achieved a notable ranking of No. 1725 on the 2025 Inc. 5000 list, marking its third consecutive year on this prestigious list.
What services does Magna5 provide?
Magna5 offers a comprehensive suite of services including managed IT services, cybersecurity, cloud hosting, and IT consulting and procurement.
How does the Inc. 5000 determine rankings?
Rankings are based on percentage revenue growth over a specified period, considering the company's performance and revenue comparisons.
Why is being on the Inc. 5000 significant?
Being listed on the Inc. 5000 signifies a company’s successful growth, resilience, and leadership within its respective industry amid challenging economic conditions.
