discoverIE Group plc Acquires Beacon EmbeddedWorks from Compass Group Equity Partners
September 8, 2021
discoverIE Group plc, a FTSE 250 designer and manufacturer of electronic components, has acquired Beacon EmbeddedWorks from Compass Group Equity Partners. Beacon, a Minneapolis-area designer and manufacturer of System-on-Modules used in regulated markets (notably medical), was a Compass Electronics Group add-on and will support discoverIE's international expansion, particularly into Europe.
- Buyers
- discoverIE Group plc
- Targets
- Beacon EmbeddedWorks
- Sellers
- Compass Group Equity Partners, Compass Electronics Solutions
- Platforms
- Compass Electronics Group
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Divestiture
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