FTV Capital Invests $180 Million in LogicSource

‍Congratulations to David Pennino and the LogicSource team. It’s been a privilege to be your partner. In March 2020, Pegasus acquired controlling interest in LogicSource from Bain Capital Ventures.  We bet on the team’s tenacity and drive, as well as the market need for a full stop, outsourced solution for indirect spend management. We committed to enable and to support transformative initiatives that included standing up a SaaS product and diversifying the customer verticals.

Our Value Proposition

Investing Our Money

The Partners have committed 50% of the Fund’s capital.  We believe that a structured equity discipline mitigates risk while providing equity participation.

Enabling Speed to Scale

Our partners bring deep investment experience, as well as world-class marketing, finance and legal expertise.

Consumer-Oriented Focus

Enabling technologies and shifting consumer preferences are disrupting large market categories. Also, consumer-oriented businesses can typically improve profitability and customer experience with business process outsourcing (BPO).

LogicSource would not have achieved this incredible outcome and be positioned for continued success if not for the investment, engagement and support of Pegasus.
david pennino, CEO of logicsource
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