Marc Oken and Hugh McColl are looking to build off previous investments such as Bojangles, as the firm seeks to raise its second vehicle.
The energy services space deal is one of a growing number that have recently taken place.
Lately, a growing number of private equity buyers have sought to find a way into the energy space.
Increasingly, private equity has gotten into the power maintenance services space.
As oil prices steady, Superior Plus continues to build out its energy holdings.
Sponsors tend to target the space in spurts, although onlookers warn that the window before the strategics return may be closing.
A cascade of middle market investment banks have established Houston offices to bolster their energy coverage.
Despite the Obama administration $4.5 billion initiative, buyers want to see the smart grid take shape before they'll dive in.
As the president pushes efforts to address climate change, dealmakers ponder the possible impact to M&A.
As economic distress and volatile energy prices threaten renewables, Good Energies Richard Kauffman takes a measured yet confident view on the sectors long-term prospects.