The transaction was successfully executed on May 19, 2023, through an acquisition of Interstate Transport, Inc. (“Interstate”) by Dupré. The acquisition provided additional scale to Dupré’s food and beverage freight brokerage operation and created a new branch location in St. Petersburg, Florida which was identified as a key strategic region. “We have created a unique partnership with G2 over the past several years that we have worked together. They have provided a hands-on strategic perspective for new targets sourced that aligns with our acquisition search and broader market intel that has been helpful to consider. During the transaction execution process, they rolled up their sleeves. They helped us determine how Interstate could fit within our larger organization, evaluate the leadership team, and review financial information. They had a unique relationship with the owners of Interstate that was helpful as we went through the acquisition process. We couldn’t be happier with our new partner in Interstate and believe the cultural compatibility and customer-first approach will result in tremendous growth and a seamless transition,” said Mike Weindel, President of Dupré Logistics. “We got to know Gloria and Zach over several years and knew that when the moment was right for them to sell, Dupré was the perfect partner. It took both parties to look beyond the immediate choppy market conditions to structure a transaction that made sense for both parties. Dupré moved quickly to put together an attractive proposal as we all agreed Interstate was the priority target that we couldn’t let get away. These two groups will position the combined entity for tremendous growth as market conditions normalize”, said Christopher Casteleyn, G2’s Managing Director in Transportation & Logistics. “We highly value our multi-year partnership with Dupré and feel confident that this acquisition will benefit both parties.”