Stonepeak and Spirit Super Acquire GeelongPort

Stonepeak Acquires Boundary Street Capital

November 12, 2024

Financial Services

Stonepeak has agreed to acquire Boundary Street Capital, a specialist private credit investment manager focused on digital infrastructure, enterprise infrastructure software, and technology services for the lower middle market. The deal expands Stonepeak Credit's private credit capabilities and strengthens its digital infrastructure and technology services investing platform; terms were not disclosed and the transaction closed in January 2025.

Stonepeak Infrastructure Partners Acquires TRAC Intermodal

February 18, 2020

Transportation

Stonepeak Infrastructure Partners has signed a binding agreement to acquire TRAC Intermodal from investment funds managed by an affiliate of Fortress Investment Group LLC. The purchase gives Stonepeak a leading intermodal infrastructure platform—TRAC will keep its existing management team and continue operating its nationwide chassis fleet and service businesses under the new sponsor.

Stonepeak Acquires Stake in Dupré Logistics

April 16, 2025

Trucking & Fleet

Stonepeak has partnered with Dupré Logistics, a Lafayette, Louisiana-based transportation company that operates more than 700 trucks and 1,000 professional drivers, to invest in and grow Dupré's nationwide energy distribution, private fleet and brokerage services. The Dupré family will remain shareholders and Stonepeak has appointed Chris Sower as interim CEO to support the company's next phase of growth; terms were not disclosed.

Blue Wolf Capital and Stonepeak Acquire LOGISTEC Corporation

January 9, 2024

Transportation

Blue Wolf Capital Partners, in partnership with Stonepeak, has completed the acquisition of Montreal-based LOGISTEC Corporation for approximately C$1.2 billion, taking the company private. Blue Wolf has committed to keep LOGISTEC's head office in Québec and plans more than C$200 million in capital expenditures and growth initiatives to expand the marine terminal and environmental services business.

Cairngorm Capital Partners Acquires Grant & Stone

November 18, 2019

Building Products

Cairngorm Capital Partners has acquired Grant & Stone Limited, a High Wycombe–based independent builders' merchant, and its ecommerce subsidiary Trading Depot UK Limited from the founding shareholders. The private equity firm will support management with capital and strategic guidance to expand the business via new branches and add-on acquisitions across the Thames Valley.

Stonepeak Provides Equity Commitment to Longview Infrastructure

March 28, 2025

Infrastructure

Stonepeak has provided an equity commitment to Longview Infrastructure, a newly formed electric transmission development and investment platform, to support the origination, development, construction, and operation of transmission projects across the United States. The partnership aims to scale transmission capacity to meet rising electricity demand and renewable integration; Sidley Austin advised Stonepeak and Vinson & Elkins advised Longview.