Main menu button

Carlsquare advised MBG energy GmbH on its sale of a 75% stake to SPIE

MBG energy provides businesses with engineering, procurement and construction services (EPC) for high-quality photovoltaic (PV) systems. Offering individually tailored PV solutions and taking responsibility for their long-term maintenance, MBG energy advises clients on every aspect of a PV system to optimize energy savings and is based in Berlin.

The SPIE Group is the independent European leader in multi-technical services in the areas of energy and communications. In 2023, the Group recorded consolidated revenues of €8.7 billion and consolidated EBITA of €584 million. SPIE Germany & Central Europe with its business unit Energy Solutions is a subsidiary of SPIE Group. Leveraging comprehensive technical expertise, it works hand-in-hand with clients to build a climate-friendly, digital future.

The acquisition of MBG energy enables SPIE to strengthen its ESG solution capabilities and provide a full-service PV offering to German commercial customers. The PV market is set to grow rapidly in the coming years with the implementation of the EU Solar Standard, which requires the installation of solar panels on all new public and commercial buildings. The transaction also allows SPIE to harness synergies with MBG energy in technical facility management.

MBG energy’s current management, Julian Merz (CEO), Jensd Gockel (CTO) and Enzo Simon (COO), retain minority stakes and will continue in their roles after joining SPIE together with the 47-strong MBG team.

“We are convinced that SPIE’s expertise and positioning offer outstanding opportunities for both our clients and employees. That leaves us extremely grateful to Mark Miller and the Carlsquare team: their expertise in the energy space and consummate M&A experience proved invaluable too many times to count – and resulted in the optimum outcome.” – Julian Merz, Jens Gockel and Enzo Simon, Leadership Team, MBG energy

“Everyone is delighted that we managed to attract MBG energy, thereby further strengthening our PV business. We are very much looking forward to the future together and welcome the team to SPIE!” – Markus Holzke, CEO, SPIE Germany & Central Europe

Carlsquare served as the exclusive financial advisor to MBG energy GmbH.

MBG energy GmbH