Magnesium Capital partners with ABEC, a leading provider of energy efficiency and building management solutions to data centers and other end-markets
Acquisition supports ABEC’s international growth and advances Magnesium’s strategy to accelerate the Energy Transition through the sustainable transformation of critical infrastructure
London, UK – 9 June 2025 – UK-based ABEC (“ABEC” or the “Company”), a leading provider of Building Management Systems (BMS), Electrical Power Monitoring Systems (EPMS), and energy optimisation solutions for data centers and other end-markets, has agreed to be acquired by funds advised by Magnesium Capital LLP (“Magnesium”). Magnesium is partnering with ABEC’s management as the Company enters its next phase of growth and internationalisation.
Founded in 2004, ABEC has become a trusted partner to many of the world’s leading hyperscale and colocation data center operators, having delivered over 600MW of capacity and operates in some of the leading data center markets including the UK, Ireland, Germany, Spain and across the Middle East. The Company provides full-lifecycle solutions – from design, installation, and commissioning to ongoing maintenance and optimisation – with a focus on ensuring uptime, reducing energy consumption, and delivering long-term operational resilience.
Data centers are the backbone of the digital economy and play a critical role in modern society enabling cloud computing and supporting the exponential growth in artificial intelligence. The International Energy Agency (“IEA”) projects that electricity demand from data centers will more than double by 2030, with the power for AI-focused data centers projected to be comparable to the entire electricity consumption of Japan today. This growth in electricity demand is putting pressure on the existing electricity grid and on data center operators to manage computational load, power consumption, and cooling more efficiently.
Serving an impressive customer base across the broader built environment including healthcare, finance and education facilities amongst others, ABEC supports customers across their lifecycle offering BMS and EPMS maintenance, retrofit and enhancement solutions that ultimately enable buildings to become greener and smarter.
Matt Morrall, CEO of ABEC, said: “Our customers are expanding across geographies and facing mounting pressure to operate more efficiently and sustainably. They want partners who can scale whilst delivering a high standard of service and a consistent customer experience. Once a critical or non-critical building is fully operational, the challenge shifts to ensuring it runs reliably and efficiently. And as operators seek to maximise the performance and value of their infrastructure, intelligent systems integration and real-time performance management become essential.”
According to Dan Wild, Partner at Magnesium, “the energy transition is not just about power generation — it’s about efficiency, intelligence, and control across every part of the energy system. The increase in data center energy consumption highlight this perfectly and ABEC plays a central role in this transition by equipping data center and critical infrastructure operators with the tools to manage their assets more intelligently and sustainably whilst reducing costs and improving reliability. We’re thrilled to partner with Matt and the rest of the ABEC team as they take on this next phase of their journey.”
The partnership with Magnesium will ensure ABEC continues on its impressive organic growth journey, support further European expansion and provide additional capital for acquisitions. Members of the management team including Founder & CEO Matt Morrall and COO Matt Litten have invested alongside Magnesium and will remain in their current roles.
Magnesium was advised by Walker Morris (legal), KPMG (financial & tax), EY Parthenon (Commercial) and ESG Capital Group (ESG & Impact). Financial details of the transaction have not been disclosed.
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About ABEC
ABEC is a leading system integrator for data centers and other critical and non-critical infrastructure in the UK, Europe and other international markets. The company specialises in the design, installation, and maintenance of Building Management Systems (“BMS”) and Electrical Power Monitoring Systems(“EPMS”).
ABEC supports critical infrastructure owners and operators across the full lifecycle of their assets, from design and engineering through to installation, commissioning and ongoing maintenance and optimisation for both greenfield and brownfield applications. With over two decades in operation, ABEC has delivered over 600MW of capacity for some of the world’s leading hyperscalers and co-location data center owners.
About Magnesium Capital
Magnesium Capital is a London-based Energy Transition-focused private equity firm that advises on investments in fast-growing technology and tech-led businesses that are enabling the shift to a decentralised, decarbonised and digitised energy system. The firm has a flexible investment approach and looks to partner with exceptional management teams to provide capital and strategic support to companies looking to accelerate their growth and enable the ongoing energy transition.
Magnesium Capital LLP is authorised and regulated by the Financial Conduct Authority in the UK.
