Magnit Overview

Internet Software And ServicesCompany

Is Magnit PE-backed?

Yes. Magnit is owned by private equity investor EQT.

Was Magnit formerly PE-backed?

Yes. Magnit was formerly owned by 4 private investors.

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.

Magnit

Magnit, Inc.

2365 Iron Point Road, Ste 270,
Folsom, California 95630
United States,
(800) 291-1099
www.magnitglobal.com

Magnit is a provider of contingent workforce management solutions through a managed services program (“MSP”) and cloud-based vendor management software (“VMS”). Magnit was founded in 1991 and is based in Folsom, California.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.8/yr) # 1 3 1 - - - 5
Sell (0.0/yr) # 1 - - - - - 1
  6

Top M&A Advisors

Financial Deals
Alvarez & Marsal
1
PwC Corporate Finance
1
Legal Deals
Sidley
2
Morgan Lewis
1

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