LogicSource Climbs Financial Times List Amid Surging Demand for Cost-Saving Solutions
The procurement services and technology firm jumps 157 spots on the sixth annual list of the Americas' Fastest-Growing Companies
WESTPORT, Conn., May 21, 2025 /PRNewswire/ -- LogicSource, the leader in procurement services and technology solutions, today announced its inclusion on the Financial Times list of The Americas' Fastest Growing Companies 2025. The recognition comes at a time when cost containment, risk mitigation, and supply chain resilience have never been more critical for business success.
The Financial Times list, compiled in partnership with global research firm Statista, highlights the 500 fastest-growing companies across the Americas based on publicly disclosed revenue growth between 2020 and 2023. Companies selected demonstrated primarily organic growth during a time of economic volatility, including global trade disruptions and surging interest rates.
"It's an honor to be recognized again among the fastest-growing companies in the Americas," said David Pennino, founder and CEO of LogicSource. "This year's jump in the rankings is a reflection of the measurable value we bring to clients across industries, especially in times of financial uncertainty, by helping them unlock savings and reinvest in strategic growth."
LogicSource's momentum over the past year included continued expansion of their services in the healthcare and private equity verticals and record revenue and new business totals. "Our team of more than 180 category experts remains laser-focused on solving the spend management challenges that hold companies back," Pennino added. "Our growth is directly tied to the results we deliver, savings that matter, a growing market need, and a partnership model built on driving real business outcomes."
LogicSource continues to distinguish itself as a trusted procurement partner for the world's leading brands with multiple consecutive appearances on both the Financial Times and Inc. 5000 fastest-growing company lists.
For more information about LogicSource, please visit logicsource.com.
About LogicSource
The innovative leader in procurement services and technology, LogicSource is purpose-built to drive profit improvement, mitigate risk, and ensure supply chain continuity through better buying. LogicSource focuses exclusively on the sourcing and procurement of indirect goods and services, which typically represent 20 percent of an organization's revenue and the area of greatest spending inefficiency. These include complex categories like marketing, packaging, corporate services, facilities, information technology, distribution and logistics and more, for which organizations often lack the capacity, focus and scale to achieve best-in-class buying. Unlike traditional advice-based consultants, LogicSource is a purpose-built buying utility with assets that are configurable to their clients' needs and ready to deploy. By combining decades of sourcing and procurement expertise, superior market intelligence, cross-portfolio spending leverage, and their OneMarket® Source-to-Pay technology, LogicSource executes customized solutions that deliver immediate savings and sustainable value. For more information visit www.logicsource.com.
Media contact:
Erica Olenski
erica.olenski@finnpartners.com
678-504-6786
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SOURCE LogicSource