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New Deal


Announced

FTV Capital to invest $180m in LogicSource.

Financials

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Transaction Value£137m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Private

technology solutions

Pending

procurement services

Domestic

Friendly

Acquisition

Management Consulting

Single Bidder

Majority

Synopsis

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FTV Capital, a growth equity investment firm, agreed to invest $180m in LogicSource, a provider of procurement services and technology solutions. “LogicSource’s unique combination of outsourced services, software and proprietary data clearly position the company as a category leader in the tech-enabled sourcing and procurement solutions market," Brad Bernstein, FTV Capital Managing Partner.

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