Lafayette-based Dupre Logistics acquired by New York investment firm

Dupre Logistics has been acquired by a New York-based investment firm. COURTESY Dupré Logistics founder and former CEO Reggie Dupré Facebook Twitter WhatsApp SMS Email Print Copy article link Save Dupre Logistics, a Lafayette-based transportation company with a presence across the Gulf Coast, has been acquired by a New York-based investment firm. Stonepeak, which specializing in infrastructure and real assets, announced a partnership on Wednesday with Dupré Logistics, headquartered at 201 Energy Parkway.

Terms of the deal were not disclosed. Reggie Dupre , who founded the company 45 years ago and was CEO as well as board chairman, will remain with the company as a board member. Chris Sower, who has over 25 years in the supply chain logistics industry, was named interim chief executive officer of the company and will succeed former CEO Mike Weindel.



Dupré serves a broad range of industries with over 700 trucks and 1,000 professional drivers and is partnered with more than 16,000 preferred carriers. Stonepeak, which has offices around the world, has $72 billion of assets and focuses on downside protection and strong risk-adjusted returns. It provides capital, operational support and committed partnership to grow investments in digital infrastructure, energy and energy transition, transport and logistics and real estate.

“Over the last 40 years, Dupré has established an impressive footprint, becoming an integral part of the supply chain in the Sun Belt,” Stonepeak managing director Graham Brown said. “We believe that Dupré will be a great complement to our growing transportation and logistics portfolio and look forward to working hand-in-hand with Reggie, Chris, and the Dupré team to take the company to the next level.” Said Dupre: “We are thrilled to have found Stonepeak and enter this new era alongside such a strong partner.

Their proven track record, investment strategy and alignment with our core vaues make them the perfect partner as Dupre continues to expand.” Dupre has long garnered awards in the transportation industry, including two first-place Safety Awards from the Louisiana Motor Transport Association last year. In 2022, it was named to the top 100 list of largest logistics companies in North America based on gross revenue, including 26th among dedicated contract carriers and 69th among third-party logistics providers competing in its market.

G2 Capital Advisors facilitated the transaction, serving as the exclusive sell-side adviser..