Business
Morgan Stanley Investment Management’s 1GT Invests in Series C Funding for Overhaul Group
NEW YORK, August 20, 2025--Morgan Stanley Investment Management (MSIM) announced today that the 1GT climate private equity strategy (1GT) participated in the $105 million Series C equity financing of Overhaul Group (Overhaul or the Company), a global leader of in-transit cargo risk management solutions. The Series C funding round was led by Springcoast Partners with participation from existing investor Edison Partners. This growth investment will support Overhaul’s continued technological advanc
About this update from Morgan Stanley
[{"type":"text","content":"NEW YORK, August 20, 2025--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) announced today that the 1GT climate private equity strategy (1GT) participated in the $105 million Series C equity financing of Overhaul Group (Overhaul or the Company), a global leader of in-transit cargo risk management solutions. The Series C funding round was led by Springcoast Partners with participation from existing investor Edison Partners. This growth investment will support Overhaul’s continued technological advancement and strategic acquisition roadmap to establish a leading real-time supply chain risk management and intelligence platform.","length":645,"tagName":"p"},{"type":"text","content":"Overhaul was founded in 2016 with the vision of providing a single, unified platform for in-transit supply chain management, operating around the world. The Company’s proprietary IoT-enabled software provides real-time cargo tracking and protection, while proactively responding to threats to asset integrity.","length":309,"tagName":"p"},{"type":"text","content":""We appreciate our partnership with Springcoast and Edison and are thrilled to welcome Morgan Stanley to the Overhaul journey," said Barry Conlon, CEO of Overhaul. "Their backing not only validates our mission to build the world’s most secure and intelligent supply chain platform but also equips us with the resources to accelerate innovation, expand our global reach, and continue delivering unmatched value to our customers. With this new partnership, we’re advancing our commitment to sustainability, resilience, and operational excellence at a critical moment in global logistics."","length":606,"tagName":"p"},{"type":"text","content":""Overhaul operates at the intersection of two large and growing markets of supply chain visibility software and cargo risk management, providing critical solutions to customers navigating increasing supply chain complexity and disruptions," said Jake Van Koevering, Partner in MSIM’s 1GT. "Overhaul’s proprietary software solution enables customers to increase the security and efficiency of their supply chain operations, while reducing their emissions by unlocking lower carbon transportation modes for high-value products."","length":546,"tagName":"p"},{"type":"text","content":""We are very much looking forward t...