Energy group’s acquisition adds battery storage know-how to overall offering
MJ Quinn Integrated Services, (MJQ), the Knowsley-based specialist in critical infrastructure, telecommunications engineering and energy solutions, has acquired MSP Technologies, for an undisclosed sum.
MSP, based in Holme, Cumbria, incorporates Multi Source Power (MSP), a specialist in integrated battery energy storage systems (BESS), independent power infrastructure, renewable energy, and energy management systems.
MJ Quinn said the deal underscores its commitment to advancing sustainable energy and innovative power solutions across the UK and Europe.
It expands the Knowsley firm’s service offering and positions the group at the forefront of the energy transition. With MSP’s deep experience in designing, implementing, and managing cutting-edge battery energy storage systems and power infrastructure, MJ Quinn is set to enhance its capacity to deliver comprehensive solutions that meet the growing demand for reliable, sustainable, and innovative energy infrastructure.
Mike Quinn, Group CEO UK & Ireland, MJ Quinn Integrated Services, welcomed Steve Patterson and the MSP team into the MJQ and Constructel Visabeira family, saying: “This acquisition marks an exciting milestone in our growth journey as we expand our capabilities and reinforce our position in the critical power and energy infrastructure sector.
“With our commitment to excellence and strategic objectives, we aim to address the urgent need for decarbonisation and sustainable energy solutions in the UK and Europe.”
He added: “Our group’s vision is to lead the energy transition, providing innovative solutions that help industries achieve net zero goals while driving economic growth. MSP’s expertise in BESS and power infrastructure solutions, aligned with renewable technologies, will enable us to deliver integrated solutions that support our customers’ evolving needs and the energy sector’s future demands.”
Constructel Visabeira is one of Europe’s key providers of telecommunications and energy services. The company currently operates in 11 countries, including Portugal, France, the UK, Ireland, Belgium, Germany, Denmark, Italy, Spain, Sweden, and the US, and employs more than 7,000 staff.
Simon Patterson, Managing Director of Multi-Source Power, said: “This partnership allows us to scale production of our innovative power solutions and enhance our technological offering and penetration, expanding our ability to supply, service and support our clients in the UK, and now Europe and beyond.
“Joining MJQ and the wider Constructel Visabeira family greatly enhances what we can offer our customers in a seamless BESS solution, from planning, engineering and construction, manufacture and commissioning, to operation monitoring and onward distribution.”
MJ Quinn Integrated Services was advised by DWF’s Manchester office on legal affairs, Deloitte’s Portuguese office on financial affairs, and BDO in Liverpool on tax affairs.
MSP Technologies and its shareholders were advised on the deal by James Lumb and Oliver Aspey from Interpath Advisory.
James Lumb, Managing Director of Interpath Advisory, said: “Battery energy storage is right at the front line of the energy transition. The global market has expanded rapidly and will continue to do so.
“Simon and the team at MSP have built a UK market-leading product, recently demonstrating its prowess by helping to power the Glastonbury Festival.
“With the support of MJ Quinn and the Constructel Visabeira family, MSP has the financial support, network and organisational support to really fulfil its potential as a pioneer in British manufacturing. MSP is primed for substantial growth.”
