Magna5 – a national provider of managed IT, cybersecurity, and cloud-based services, and NewSpring Holdings platform company – announced the acquisition of Shock I.T. Support (Shock IT), a regional leader in managed IT, cybersecurity, and network and wireless design and installation services, with a large footprint in Eastern Pennsylvania and New Jersey.
This strategic deal enhances Magna5’s service delivery in a key geographic region and adds a thriving business segment focused on network and wireless infrastructure. And Shock IT also brings deep expertise and a diverse customer base, especially in the home services and biopharma industries.
Launched in Bristol, Pennsylvania, Shock IT has built a reputation for delivering responsive, secure, and cost-effective managed IT solutions to businesses of all sizes. With clients spanning multiple industries, Shock IT’s specialized focus in the home services and biopharma sectors makes it a valuable addition to the Magna5 portfolio.
Shock IT customers can expect a seamless transition and better support, backed by Magna5’s national network of IT professionals, 24/7 help desk, and robust cybersecurity solutions.
KEY QUOTES:
“Shock IT’s talented team, loyal client base, and proven success in managed IT services and network infrastructure makes the company a natural fit for Magna5. This acquisition strengthens our presence across the Mid-Atlantic region, adds new capabilities in network design and installation services, and enables us to bring additional managed IT and cybersecurity services to Shock IT’s customers. We’re thrilled to welcome co-founder and CEO, Scott Fcasni, and the Shock IT team to Magna5 — together, we’re better positioned than ever to support the needs of our joint customers with Magna5’s greater capabilities and scale while maintaining the localized service they’ve enjoyed.”
– Robert Farina, CEO of Magna5
“We’re excited to join forces with Magna5, a company that shares our core values of customer focus and innovation. This partnership gives our clients access to a broader set of resources, expanded cybersecurity and cloud offerings — all while maintaining the responsive, local support they’ve come to expect. I look forward to continuing this journey with the Magna5 team.” Lance Bachmann, Shock IT co-investor, added, “We’re extremely proud of the company we’ve grown together and we’re excited that we have found the perfect partner in Magna5 for both Shock IT’s customers and employees.”
– Scott Fcasni, CEO of Shock IT
