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New Deal


Announced

Magna5 to acquire Interphase Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

United States

Pending

IT Services: Other

Domestic

Friendly

Private

it services

Single Bidder

Acquisition

Synopsis

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Magna5, a national provider of managed IT services, to acquire Interphase Systems, a Philadelphia-based managed IT services provider. Financial terms were not disclosed. "We're thrilled to join the Magna5 team and look forward to leveraging their sales and marketing expertise to expand our customer base in the Philadelphia region. Our current customers will also benefit from Magna5's broader set of capabilities and technical resources," John Biglin, Interphase Systems CEO.

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