discoverIE’s Acquisition Of Antenova

In UK Charles Russell Speechlys, advised on the matter.

Charles Russell Speechlys advised discoverIE with a team including Paul Stone (Competition Law), Mark Howard (Picture – Corporate M&A), Jonathan Steele (Corporate M&A), Robert Birchall (Tax M&A and Deal Advisory).

discoverIE Group plc, a leading international designer, manufacturer and supplier of customised electronics to industry, acquired Antenova Limited for a cash consideration of £18.2m on a debt free, cash free basis, before expenses, funded from the Group’s existing debt facilities. discoverIE is a member of the FTSE250.

Founded in 1999 and headquartered in the UK with operations in Taiwan and the US, Antenova produces high-performance antennas and RF antenna modules for wireless M2M, IoT and embedded electronic applications. Sales are evenly split across Europe, US and Asia with its main markets being medical and industrial connectivity.

The Charles Russell Speechlys team was led by Partner Mark Howard (Picture) and Senior Associate Sam Milne, supported by Jonathan Steele (Partner), Tertius Alberts (Associate) and Isabella Eacott (Trainee) in Corporate, Andy Williams (Legal Director), Becky Lawton (Senior Associate) and Jack Vaughan (Associate) in Employment, Caroline Young (Senior Associate) and Rachel Bell (Associate) in Commercial, Paul Stone (Partner) in Competition and Rob Birchall (Partner), Elliot Michaelson (Associate), Anna Reynolds (Associate) in Tax.

Involved fees earner: Tertius Alberts – Charles Russell Speechlys; Rachel Bell – Charles Russell Speechlys; Robert Birchall – Charles Russell Speechlys; Mark Howard – Charles Russell Speechlys; Becky Lawton – Charles Russell Speechlys; Elliot Michaelson – Charles Russell Speechlys; Samuel Milne – Charles Russell Speechlys; Anna Reynolds – Charles Russell Speechlys; Jonathan Steele – Charles Russell Speechlys; Paul Stone – Charles Russell Speechlys; Jack Vaughan – Charles Russell Speechlys; Andy Williams – Charles Russell Speechlys; Caroline Young – Charles Russell Speechlys;

Law Firms: Charles Russell Speechlys;

Clients: discoverIE;

Author: Giulia Di Palma