LogicSource launched a new vertical dedicated to helping private equity firms maximize value within their portfolio companies by accelerating EBITDA enhancement.
"In today's environment, if a company is fortunate to be backed by a private equity sponsor, there is constant and intense pressure on its operations and financial performance," says David Pennino, founder and CEO at LogicSource. "One of the most overlooked areas for financial improvement is indirect spending, which can consume up to twenty percent of a company's revenue. It's a critical piece of the business that can have meaningful impact on the bottom line, yet is often under-resourced and not prioritized. Our private equity solutions provide an unmatched ability to swiftly unlock value through cost savings and position the business favorably to invest in future growth."
Key takeaways:
- Tom Stolarski, managing partner, will lead the private equity vertical for LogicSource.
- LogicSource executes custom procurement solutions addressing a variety of portfolio company challenges, driving measurable and sustainable cost savings and EBITDA growth.
- When conducting due diligence on a potential investment, LogicSource provides actionable insights and identifies areas to unlock cost savings.
