AEA Backs Magna5 for Next Phase of Growth

AEA Investors has made a majority investment in Magna5, partnering with the company’s management team to support its next phase of growth. The investment comes through AEA’s Small Business Private Equity team and includes significant reinvestment from existing leadership. Financial terms were not disclosed.

Magna5 operates as a national managed services provider delivering IT operations, cybersecurity, cloud services, and compliance support to more than 1,700 SMB and mid-market customers across regulated industries. With headquarters in Canonsburg, Pennsylvania and a growing network of local support centers, the company focuses on long-term customer relationships that combine day-to-day IT management with security and regulatory readiness.

The partnership is designed to support continued scaling of Magna5’s platform, with emphasis on cybersecurity, compliance-driven services, and AI-enabled capabilities. The investment also reflects ongoing consolidation in the MSP market, where scale, repeatable service delivery, and the ability to support complex customer environments are becoming central to sustainable growth.

Magna5 will continue to be led by CEO Bob Farina and the existing executive team. As part of the transaction, Chris Claudio will join the board, adding operating experience from the managed IT and cybersecurity sector as the company continues to expand its national footprint.