# Magna5

Magna5 is an Asset Manager based in Plano, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Plano, United States
- **Region:** North America
- **Address:** Plano, TX, United States
- **Assets under management:** Undisclosed
- **Website:** magna5global.com
- **LinkedIn:** https://www.linkedin.com/company/magna5

## Regulatory record

- **Reports private funds:** No

## About

Magna5 offers IT managed services, cybersecurity, cloud services, and IT consulting to various sectors. Its solutions include network and server management, end-user support, SD-WAN, cloud infrastructure management, layered cybersecurity defenses, and IT procurement services. The company serves the financial services and healthcare sectors, and is based in Frisco, Texas, where it was founded in 2001 as X5 Solutions.

## Sectors

- IT Services
- Infrastructure

## Questions

### Who owns Magna5?

Magna5 is a portfolio company of NewSpring Capital, a Philadelphia-based growth equity firm. NewSpring invested in the platform in 2017 through its dedicated technology and business services strategy. The firm operates as an independent entity under a board that includes NewSpring operating partners and Magna5 management.

### What services does Magna5 provide?

Magna5 delivers managed IT services including network operations, help desk support, cybersecurity monitoring, cloud migration and management, and backup and disaster recovery. Its customer base spans enterprises, government entities, and higher education institutions seeking outsourced IT infrastructure management.

### Where is Magna5 located?

Magna5 is headquartered in Plano, Texas. Through acquisitions, it has established service delivery centers and offices in states including Pennsylvania, Missouri, and Ohio, serving clients across the central and eastern United States.

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Last updated: 2026-06-03T20:00:00.000Z

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