DLA Piper advised Overhaul, a global leader of in-transit supply chain risk management, in its acquisition of FreightVerify, an end-to-end supply chain visibility platform recognized for its precision in solving complex logistics challenges in the automotive and healthcare markets.
The firm also advised Overhaul on its US$105 million in Series C equity financing, which will be used in part to accelerate platform innovation, advance AI-driven capabilities, and expand operations. In addition to the equity financing, DLA Piper advised the company on a new credit facility.
“It was a pleasure to work with Overhaul on these transformative transactions, and we are excited to support them as they continue to expand and innovate in this critical global market,” said Andrew Gilbert, Chair of DLA Piper’s Corporate practice and deal team lead.
“DLA Piper has been a very supportive partner of our Overhaul team since the early days of the company, and we greatly appreciate the strategic value that the firm brings to our transactions,” added Barry Conlon, Overhaul’s Chief Executive Officer.
The DLA Piper M&A team accompanying Gilbert included Partner Scott Cowan, Attorney Megan Brosnan, and Associate Jason Parfet and DLA Piper Partner Scott Cowan and Associates Jason Parfet and Shane Plavin also supported Gilbert on the Series C financing.
For the new debt facility, the DLA Piper team was led by Partner Richard Marks and included Associates Charles Bell and Traneke Hamrick.
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as number one in VC, PE and M&A in combined global deal volume according to PitchBook.