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LogicSource Names Keith Hausmann COO Amid Rising Enterprise Demand for Indirect Procurement Solutions

LogicSource Names Keith Hausmann COO Amid Rising Enterprise Demand for Indirect Procurement Solutions

March 13, 2026 Craig Etkin

WESTPORT, Conn., Mar. 4, 2026 – LogicSource, the leading provider of procurement services and technology, today announced the appointment of Keith Hausmann as Chief Operating Officer. Hausmann joins the company amid sustained enterprise demand for disciplined, execution-focused indirect procurement solutions and will oversee global services and operating teams as LogicSource advances into its next stage of growth.

Jo Seed, who previously served as Chief Operating Officer, has assumed the role of Chief Strategy Officer, where he will lead corporate strategy and oversee the advancement of LogicSource’s AI and technology initiatives.

Hausmann brings more than 30 years of experience leading global professional services organizations. He previously served as Managing Director of Global Procurement and Supply Chain Operations at Accenture, where he led large-scale procurement and supply chain initiatives. He was also a founder of Procurian, a pioneer in procurement managed services, and led Global Delivery and Technology. Most recently, as Chief Customer Officer at Globality, he helped scale the adoption of AI-driven sourcing solutions within enterprise procurement organizations, aligning advanced technology with operational execution to deliver measurable results.

“Keith’s leadership comes at an important inflection point for LogicSource,” said David Pennino, CEO and founder. “As procurement organizations face growing expectations to deliver sustainable value, operational consistency becomes a true competitive advantage. Keith brings the experience and discipline to elevate our operating teams and drive measurable results across our clients’ organizations. At the same time, Jo’s expanded focus on corporate strategy and our AI capabilities ensures we continue strengthening the intelligence and technology that support our delivery model.”

The leadership evolution follows a year of enterprise expansion for LogicSource. In 2025, the company deepened its presence across healthcare, retail, and consumer goods, adding organizations such as Stanford Health, C&S Wholesale Grocers, Aritzia, Family Dollar, and Ochsner Health.

“The addition of Keith reinforces our confidence in LogicSource’s leadership in the indirect procurement market,” said Brad Bernstein, Managing Partner at FTV Capital. “He has built global service platforms and worked at the forefront of AI-enabled procurement innovation. His leadership will further strengthen the company’s operating foundation as it continues to expand.”

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% 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

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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