How We Do Deals

discoverIE aims to be the acquirer of choice for electronics entrepreneurs seeking to secure new ownership for their business

A smooth, streamlined deal process

We have acquired 15 businesses in recent years and our deal team has collective experience spanning more than 100 transactions. We offer you a smooth, streamlined acquisition process and our wealth of experience means we can deal with acquisitions of all types and the varying needs and desires of vendors.

We always pursue transactions with the highest standards of integrity and transparency.

The acquisition process

The acquisition process starts with us getting to know each other and exploring the opportunities that coming together could create. Once enthusiasm for the potential acquisition has been established and an initial exchange of information has been completed, there are several key stages to the process:

Letter of Intent

A letter of intent (sometimes referred to as a memorandum of understanding) sets out the initial agreement between us of the key terms of the deal including the price to be paid for the business, the expected timetable and key assumptions and conditions.

Due Diligence

Due diligence refers to a detailed exchange of information and investigation of commercial, financial, legal and other aspects of the business by discoverIE. This is usually the most time-consuming part of the process and is necessary for discoverIE to fully understand the business it’s buying and any associated risks. Similarly it is important for the vendor, enabling them to disclose all aspects of the business performance, reducing the possibility of surprises later on. By conducting a thorough due diligence process, both parties establish a common understanding of the business, its risks and opportunities and which serves as a platform for building a strong ongoing business and relationship.

As an experienced acquirer, discoverIE conducts due diligence in an efficient and expedited manner, appropriate to the business.

Legal Documentation

Once due diligence is underway, work will begin on developing a sale and purchase agreement and other legal documents which are required to transfer ownership of the business and to document the parties’ contractual rights and obligations. discoverIE takes a pragmatic and commercial approach to negotiation of the legal documentation.


Following completion of due diligence and preparation of the legal documents, the acquisition will be put to discoverIE’s board for approval and completion will typically take place soon after.

Contact our Acquisition Team to find out more