DLA Piper advised Overhaul, a software-based, supply-chain visibility, risk, compliance and insurance solution for the world’s leading brands, in the acquisition of SensiGuard® security services from Sensitech®.
Additionally, DLA Piper advised Overhaul on securing US$73 million in new growth capital including US$38 million in equity and US$35 million in debt financing. Overhaul will deploy the capital to expand globally, enhance products and fund the acquisition of SensiGuard®.
As a global leader of in-transit supply chain risk management, Overhaul transforms real-time visibility into actionable risk management, compliance and insurance solutions for its partners. The addition of SensiGuard will allow Overhaul to provide shippers and logistics service providers 24/7 monitoring capabilities to mitigate the risks associated with theft, damage, chain of custody, and other cargo security threats no matter where the load may be throughout the world. Read more
