Recognized Among the World’s Top Solution Providers for the Second Consecutive Year
PITTSBURGH, August 19, 2025 — CRN, a brand of The Channel Company, has honored Magna5, a national provider of managed IT, cybersecurity, and cloud-based services, on three of its lists—the Fast Growth 150, the Solution Provider 500, and the Tech Elite 250. This is the second subsequent year Magna5 has been recognized for each of these categories.
Magna5 ranked 48th on the Fast Growth 150, a list that highlights the top-performing and fastest-growing technology solution providers, including integrators, managed service providers, value-added resellers and IT consultants in North America. Over the past two years, solution providers on the Fast Growth 150 have achieved remarkable sales growth, propelled by their innovative strategies and advanced technological expertise, particularly in areas such as artificial intelligence, security and cloud computing.
The Solution Provider 500 list recognizes North America’s largest solution providers by revenue and serves as a prominent benchmark of leading IT services companies. With a combined revenue of $548.9 billion, the companies on the list are key influencers propelling growth in the IT industry and the global technology channel.
The Tech Elite 250 list is a yearly compilation which showcases solution providers based in the U.S. and Canada that have distinguished themselves by attaining top-tier certifications and specializations from leading technology vendors in the areas of infrastructure, cloud, and security.
“We’re proud to be recognized for the second year in a row on the Fast Growth 150, Solution Provider 500, and Tech Elite 250 lists,” said Robert Farina, CEO of Magna5. “This consistent achievement reflects our team’s commitment to delivering innovative, secure IT solutions and the trust our clients place in us. As we continue to grow, our focus remains on anticipating client needs, investing in advanced technology, and upholding the values that make Magna5 a trusted partner for businesses nationwide.”
Jennifer Follett, VP of US Content and Executive Editor of CRN, The Channel Company emphasized the significance of each of these achievements.
“Each company on the Fast Growth 150 list is harnessing its extensive technology acumen and forward-looking business strategy to accelerate growth and evolve to stay ahead in the fast-moving IT arena. These notable companies show passion and commitment to finding success, supporting agility, and delivering enduring outcomes for customers. We congratulate each of them and look forward to their continued growth and evolution.”
“The Solution Provider 500 list spotlights the technology integrators, managed service providers, value-added resellers and IT consulting firms who bring in the most revenue by leading the way in business and service innovation. Recognition is reserved for companies demonstrating an unwavering commitment to business agility and sustained growth through rapidly changing industry needs and technology advancements. Congratulations go to each company for earning a well-deserved spot on the Solution Provider 500.”
"Congratulations to the solution providers on CRN’s Tech Elite 250 for this recognition of their dedication to achieving top-level certifications and comprehensive proficiency in these critical technologies. These companies are committed to expanding their expertise so they can consistently deliver outstanding IT solutions that help their customers thrive."
About Magna5
Magna5, a NewSpring Holdings platform, provides cybersecurity, managed IT services, cloud hosting, compliance services, consulting and procurement to SMB, mid-market, and enterprise customers, including leaders in healthcare, financial services, construction and engineering, legal services, education, and other industry segments. Headquartered in Pittsburgh, PA, with local support centers across the US, Magna5 has customers nationally. For more information, visit www.magna5.com.
About The Channel Company:
The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.
