discoverIE Group completed the acquisition of Beacon EmbeddedWorks from Compass Group Equity Partners.

discoverIE Group, a firm that designs, manufactures and supplies for electronics applications, completed the acquisition of Beacon EmbeddedWorks, a system on module and embedded solutions company, from Compass Group Equity Partners, a private equity firm. Financial terms were not disclosed. ""The acquisition of Beacon EmbeddedWorks continues our strategy of building a high quality, high margin international Group, that design and manufacture differentiated and customized electronics. With a clear strategy focused on long-term high quality growth markets, a diversified customer base, and a strong pipeline of acquisition opportunities, the group is well positioned to make further progress on its key priorities," Nick Jeffries, discoverIE CEO.