During the 2023 NewSpring Annual Meeting, Bob Farina was named a Co-CEO of the year alongside Keith Hartman of Contiunuum Rx Infusion Services.
Bob was recognized for his ability to grow Magna5 and for creating and maintaining an award-winning culture. Since taking the helm of Magna5 in 2019, Bob has led a full repositioning of Magna5 into a pure-play Managed IT Services provider, standing up the infrastructure to support the platform build, injecting new talent into key roles, and building an institutional sales and marketing engine to drive recurring revenue growth.
This award comes on the heels of Magna5 ranking on the 2023 Inc. 5000 list.
About NewSpring Holdings
NewSpring Holdings, NewSpring’s dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages $3 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at www.newspringcapital.com.