Magna5's Growth and Innovation Earn Recognition on Inc.'s 2025 Northeast Rankings

PITTSBURGH, April 15, 2025 /PRNewswire/ -- Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, revealed that Magna5 is No. 39 on its fifth annual Inc. Regionals: Northeast list, the prestigious ranking of the fastest-growing private companies in the Northeast, which includes Pennsylvania, New York, Vermont, New Hampshire, Maine, Massachusetts, Connecticut, Rhode Island, and New Jersey. An extension of the national Inc. 5000 list, the Regionals offer a unique look at the most successful companies within the Northeast economy's most dynamic segment: its independent small businesses.

"To earn a spot on the Inc. Regionals: Northeast list is a testament to the hard work of the entire Magna5 team, and for our placement to continue to improve year over year reflects the unwavering commitment to growth and innovation from each of our employees," said Bob Farina, CEO of Magna5. "We're proud to support our clients with services that don't just meet expectations but redefine them, and we look forward to continuing to drive progress as the demand for tailored cybersecurity, cloud, and IT solutions reaches new heights." 

The companies on this list show a remarkable rate of growth across all industries in the Northeast. Between 2021 and 2023, these 154 private companies had a median growth rate of 100 percent; by 2023, they'd also added 9,114 jobs and $6.7 billion to the region's economy.

"The honorees on this year's Inc. Regionals list are true trailblazers driving economic growth in their respective regions, industries, and beyond. This list celebrates their achievements and tells the stories of remarkable companies that are fueling growth and adding jobs in local economies throughout the country," said Bonny Ghosh, editorial director at Inc.

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 support centers across the US, Magna5 has customers nationally. For more information, visit www.magna5.com.

More about Inc. and the Inc. Regionals

Methodology
The 2025 Inc. Regionals are ranked according to percentage revenue growth over two years. To qualify, companies must have been founded and generating revenue by March 31, 2021. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, a number of companies on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2023 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.   

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

SOURCE Magna5