Company’s Strategic Focus on Cybersecurity, Cloud Services, and Managed IT Services Yields 196% Two-Year Revenue Increase
Inc. magazine revealed that Magna5, a national provider of managed IT, cybersecurity, and cloud-based services, is No. 90 on its fourth annual Inc. 5000 Regionals: Northeast list. This prestigious ranking recognizes the most successful companies within the Northeast economy’s most dynamic segment — its independent small businesses.
“Magna5 is honored to be recognized not only on the national stage with the Inc. 5000 list of fastest growing private companies, but now also amongst our peers in the Northeast,” said Bob Farina, CEO of Magna5. “The demand for cybersecurity, cloud services and managed IT services is growing rapidly and Magna5 continues to win new business by striving to understand our customers’ needs and investing in our team, technology and service processes to provide world class solutions to our clients.”
The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2020 and 2022, these 198 private companies had an average growth rate of 155.84 percent; by 2023, they’d also added 14,560 jobs and $15.7 billion to the region’s economy. Complete results of the Inc. 5000 Regionals: Northeast, including company profiles, can be found at inc.com/northeast.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.
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