10th June 2025
Our Private Equity specialists have advised Magnesium Capital (Magnesium), a London based Energy Transition focused private equity firm, on its acquisition of UK based ABEC.
ABEC is a leading provider of Building Management and Electrical Power Monitoring solutions for data centres and other end markets in the UK, Europe and other international markets.
Magnesium’s partnership with ABEC will ensure that ABEC continues its successful growth journey, support further European expansion and provide additional capital for acquisitions. Members of ABEC’s management team including Founder & CEO Matt Morrall and COO Matt Litten have invested alongside Magnesium and will remain in their current roles.
Debt financing for the transaction was provided by DunPort Capital Management.
Walker Morris’ Corporate team was led by Partner Thomas Mieszkowski, with support from Adhiraj Gupta (Senior Associate), Marianne McKeown (Senior Associate) and Ellie Foster (Associate).
Walker Morris’ Banking & Finance team was led by Partner Philip Scott, with support from Lauren Hall (Associate) and Rebecca Orange (Associate).
Daniel Wild, Partner at Magnesium comments:
“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 centre energy consumption highlight this perfectly and ABEC plays a central role in this transition by equipping data centre 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.”
Thomas Mieszkowski, Partner at Walker Morris comments:
“We’re pleased to have advised Magnesium on its partnership with ABEC and look forward to seeing ABEC’s continued growth and success.”