discoverIE Group plc (LSE:DSCV) acquired Antenova Ltd from Albion Capital Group LLP, Azini Capital Partners LLP, Herald Ventures, Kings Arms Yard VCT PLC (LSE:KAY) and others for £18.2 million on August 29, 2021. The consideration will be paid in cash. In similar transaction discoverIE Group plc (LSE:DSCV) acquired Logic PD, Inc. from Compass Electronics Group, LLC for £58.8 million and proposed placing to raise £45 million. The transaction will be funded from the discoverIE existing debt facilities. discoverIE Group plc acquisitions and placing, taken together; are immediately enhancing to underlying EPS.

discoverIE Group plc (LSE:DSCV) completed the acquisition of Antenova Ltd from Albion Capital Group LLP, Azini Capital Partners LLP, Herald Ventures, Kings Arms Yard VCT PLC (LSE:KAY) and others on August 29, 2021. Jason Saltzman and James Fu of Borden Ladner Gervais LLP acted as legal advisor to discoverIE Group.