Springcoast Leads $105M Series C in Overhaul

Overhaul Acquires FreightVerify

August 19, 2025

Logistics & Distribution

Overhaul, the Austin-based in‑transit supply chain risk management platform, has acquired FreightVerify, an Ann Arbor-based end-to-end supply chain visibility provider known for SKU- and part-level tracking. The acquisition combines Overhaul's real-time risk mitigation and monitoring capabilities with FreightVerify's precision visibility to deliver deeper inventory control and proactive response for high-consequence cargo across automotive, healthcare, high-tech and consumer markets.

Sixth Street Growth Leads $80M Series C in SEON

September 16, 2025

Software

Fraud prevention and AML compliance platform SEON closed an $80 million Series C round led by Sixth Street Growth, with participation from IVP, Creandum, Firebolt and new investor Hearst. The growth capital will be used to accelerate SEON’s global expansion, advance its AI-powered product capabilities and support strategic talent acquisition.

Equity Group Investments Recapitalizes East Coast Warehouse & Distribution; Seacoast Capital Exits

February 3, 2022

Logistics & Distribution

Equity Group Investments has recapitalized East Coast Warehouse & Distribution (ECW), a temperature-controlled 3PL headquartered in Elizabeth, New Jersey, enabling Seacoast Capital to exit its non-control growth investment. Seacoast originally invested in 2018 (co-investing with Everside Capital Partners); terms of the recapitalization were not disclosed. ECW operates extensive refrigerated and ambient warehouse capacity and provides drayage, trucking, brokerage and customs exam services at major East Coast ports.

Expedition, Tecum and Ironwood Capital Recapitalize Cox Transportation Services

November 12, 2020

Transportation

Expedition Capital Partners and Tecum Capital led a majority recapitalization of Cox Transportation Services, with subordinated debt and a minority equity investment from Ironwood Capital to back CEO Jay Smith. Cox, a truckload freight carrier and brokerage founded in 1982 and based in Ashland, Virginia, will use the capital to pursue organic growth and add-on acquisitions to expand its routes and customer base.

Seacoast Capital Invests $20M in Lone Star Overnight

December 1, 2021

Logistics & Distribution

Seacoast Capital provided $20 million of subordinated debt and preferred equity to Lone Star Overnight (LSO) in a non-control growth capital investment to buy out a minority shareholder, refinance part of existing debt, and support near-term growth. LSO is a regional parcel delivery provider headquartered in Austin, Texas with a multi-state network of operating locations serving both B2B and B2C customers.

Comvest Partners Recapitalizes Renovation Brands

December 2, 2021

E-Commerce

Comvest Partners led a strategic recapitalization of Renovation Brands, a multi-brand direct-to-consumer e-commerce platform for home improvement products. Digital Fuel Capital, founder Rick Morse and Renovation Brands' management remain significant investors as Comvest provides capital and operational support to drive organic growth and further add-on acquisitions.