Investment firm Stonepeak has acquired a majority stake in Dupré Logistics, a Louisiana-based trucking and logistics company, as it looks to strengthen its presence in the transportation sector.

Dupré, known for its fuel, chemical, and freight delivery services, will continue operating under its current leadership, with CEO Doug Hains remaining in charge. The company, founded in 1980, has over 1,000 drivers and 800 trucks, serving customers across energy, chemicals, and food sectors.

Stonepeak’s investment highlights growing interest in transportation infrastructure. The deal aligns with its broader strategy to back essential, asset-heavy businesses. Terms of the transaction were not disclosed.