Dupré Logistics Embraces New Leadership with Stonepeak Partnership
Deal News | Apr 16, 2025 | Stonepeak
Stonepeak, an alternative investment firm specializing in infrastructure and real assets, announced its partnership with Dupré Logistics, a prominent transportation company providing innovative logistics solutions. Dupré, headquartered in Lafayette, Louisiana, manages a vast network of trucks and drivers, serving a diverse clientele across the United States. The partnership marks a strategic move to enhance Stonepeak's transportation and logistics portfolio. Concurrently, Chris Sower has been appointed as interim CEO of Dupré, succeeding Mike Weindel. This strategic alignment aims to leverage Stonepeak's expertise in supply chain management and expand Dupré’s operational capabilities. While financial terms remain undisclosed, the transaction has been concluded. Legal counsel was provided by Simpson Thacher & Bartlett LLP to Stonepeak and Scudder Law Firm to Dupré. Financial advisory roles were fulfilled by Brown Gibbons Lang & Company for Stonepeak and G2 Capital Advisors for Dupré.
Sectors
- Transportation and Logistics
- Private Equity
- Infrastructure
Geography
- United States – Dupré Logistics operates extensively across the United States with a significant presence on the Gulf Coast, where it provides essential logistics services.
- New York – Stonepeak, the investing firm, is headquartered in New York, making it a geographical focus as the hub of the investment deal.
- Louisiana – The headquarters of Dupré Logistics is in Lafayette, Louisiana, which is central to the operations and historical context of the company.
Industry
- Transportation and Logistics – The primary focus of the article is on the transportation and logistics industry, as reflected by Dupré Logistics' role in offering these services across the United States and Stonepeak's investment to enhance this sector.
- Private Equity – This sector pertains to Stonepeak's role as a private equity firm making strategic investments in infrastructure and real assets, like Dupré Logistics.
- Infrastructure – Stonepeak's specialization in infrastructure investments indicates its focus on critical and essential services, aligning with Dupré's logistics and transportation operations.
Financials
- $72 billion – Stonepeak's assets under management as a leading alternative investment firm.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stonepeak | Private Equity Investor | Company | A leading alternative investment firm specializing in infrastructure and real assets, with significant investments in transport, logistics, and energy sectors. |
| Dupré Logistics | Target Company | Company | A privately held transportation company that provides innovative logistics solutions, headquartered in Lafayette, Louisiana. |
| Chris Sower | Interim CEO of Dupré | Person | Recently appointed as interim CEO, bringing over 25 years of experience in supply chain logistics. |
| Mike Weindel | Former CEO of Dupré | Person | The outgoing CEO of Dupré Logistics. |
| Reggie Dupré | Founder of Dupré Logistics | Person | The founder of Dupré Logistics who continues to retain an interest in the company. |
| Simpson Thacher & Bartlett LLP | Legal Advisor to Stonepeak | Company | Provided legal counsel to Stonepeak for the transaction. |
| Scudder Law Firm | Legal Advisor to Dupré | Company | Provided legal counsel to Dupré for the transaction. |
| Brown Gibbons Lang & Company (BGL) | Financial Advisor to Stonepeak | Company | Served as the exclusive financial advisor to Stonepeak. |
| G2 Capital Advisors | Financial Advisor to Dupré | Company | Served as the financial advisor to Dupré. |