Supply chain security provider, Overhaul, has acquired SensiGuard security services from Sensitech. This transformative acquisition will expand Overhaul’s global footprint and increase the number of established offices they have. With this acquisition, Overhaul will also be better protected from security risks such as cargo theft. In the words of Barry Conlon, Founder and CEO of Overhaul, “It expands our global footprint, adds hundreds of years of combined supply chain experience to our team, and brings an impressive roster of international clients under our umbrella. With this acquisition, we’re not only the largest supply chain security provider, but the most comprehensive, providing needed resilience with immediate corrective action.”
According to PR Newswire, the acquisition extends Overhaul’s global footprint, adding established offices in Brazil, Mexico, and Czech Republic. Moreover, it adds some of the biggest names in tech, pharma, and logistics service providers to their book of business. As cargo theft continues to be an ongoing issue plaguing global shippers, the need for additional security to protect in-transit cargo is paramount. SensiGuard and Overhaul will combine to offer a powerful visibility engine and 24/7 risk monitoring capabilities, providing shippers with a comprehensive, real-time solution for mitigating the risks associated with theft, damage, chain of custody, and other cargo security threats no matter where the load may be throughout the globe.
This acquisition will also more than double Overhaul’s headcount, adding over 350 employees who support SensiGuard services. Adding an incredible depth of experience and talent in helping companies take control of managing their supply chain risk, the deal makes Overhaul the largest in-transit supply chain security provider, well positioned to help their customers safeguard their cargo, discover efficiencies and opportunities on a global scale.
