Internet Software And ServicesCompany
Magnit M&A Summary
Magnit has acquired 5 companies of its own, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.
Magnit has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include staffing (60%) and information technology (40%).
Magnit Ownership
Who owns Magnit?
Magnit is owned by EQT. It was acquired on June 28, 2021.
Is Magnit PE-backed?
Yes. Magnit is owned by private equity investor EQT.
Was Magnit formerly PE-backed?
Yes. Magnit was formerly owned by 5 private investors.
Magnit Business Overview
Where is Magnit headquartered?
Magnit is headquartered in Folsom, California.
How many employees does Magnit have?
Magnit has 600 employees.
What sector is Magnit in?
Magnit is an internet software and services company.
When was Magnit founded?
Magnit was founded in 1991.
M&A Summary
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M&A Total Activity6
- M&A Buy Activity5
- M&A Sell Activity1
- Total Sectors Invested 2
- Total Countries Invested 2
- M&A Buy/Sell Connections 3
- M&A Advisors 4
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