Magnesium Capital completed the acquisition of Automated Building and Energy Controls.

Magnesium Capital, a private equity firm specializing in energy transition, completed the acquisition of Automated Building and Energy Controls, a leading provider of Building Management Systems and energy optimization solutions for data centers. Financial terms were not disclosed. “Our customers are expanding across geographies and facing mounting pressure to operate more efficiently and sustainably. We are excited to partner with Magnesium to scale and continue delivering high-standard service,” Matt Morrall, Automated Building and Energy Controls CEO.