HEICO Corporation Acquires Sensor Systems, Inc.

HEICO Corporation Acquires Intelligent Devices and Transformational Security

August 12, 2020

Aerospace & Defense

HEICO Corporation's Electronic Technologies Group acquired majority interests in Intelligent Devices, Inc. (ID) and Transformational Security, LLC (TS) from their founder-owner-managers for cash at closing plus potential earnouts. The two Columbia, Maryland-based technical surveillance countermeasures companies (approximately 50 employees combined) will continue operating from their existing location and will report into HEICO's Electronic Technologies Group to expand HEICO's TSCM capabilities for defense, intelligence and government customers.

HEICO Corporation Acquires Connect Tech Inc.

August 19, 2020

Manufacturing

HEICO Corporation's Electronic Technologies Group acquired 89.99% of Connect Tech Inc. for cash, with potential additional earn-out consideration. Connect Tech will continue operating from its 20,000-square-foot facility in Guelph, Ontario; founder David Worthen remains president and retains the minority stake, and the business (≈65 employees) will support HEICO's capabilities in rugged embedded computing for aerospace, defense, transportation and smart energy markets.

HEICO Acquires Gables Engineering

July 29, 2025

Aerospace & Defense

HEICO Corporation (through its Electronic Technologies Group) has acquired Gables Engineering, a Coral Gables, Florida-based designer and manufacturer of avionics controls, in a cash transaction. The deal—expected to be accretive to HEICO’s earnings within one year—expands HEICO’s avionics and flight-deck capabilities and supports continued R&D and American manufacturing investment.

HEICO Corporation Subsidiary Acquires Pyramid Semiconductor LLC

March 8, 2021

Manufacturing

HEICO Corporation’s Electronic Technologies Group acquired the business, assets and certain liabilities of Pyramid Semiconductor LLC from its founders for cash at closing. Pyramid, a Sunnyvale-based designer and manufacturer of processors, SRAM, EEPROM and logic products for military, space and medical platforms, will operate as part of HEICO’s 3D PLUS USA subsidiary and continue to be led by its existing founders and management team.

HEICO Corporation Acquires Majority Stake in Pioneer Industries

February 10, 2022

Aerospace & Defense

HEICO Corporation's Flight Support Group has agreed to acquire a 74% equity interest in Pioneer Industries, a Farmingdale, New York-based specialty distributor of military aviation, marine and ground spares, for cash at closing plus potential contingent consideration. Pioneer founders Robert and David Yormack will retain 26% and remain in their current roles; the transaction is subject to antitrust clearance and is expected to be accretive to HEICO's earnings within a year.

The Heico Companies Acquires Insight Vision from Alliance Technology

January 8, 2024

Manufacturing

The Heico Companies, a family-owned industrial holding company, has acquired Insight Vision from Alliance Technology. Insight Vision, headquartered in Saukville, Wisconsin, manufactures sewer inspection push rod and mainline crawler camera systems and provides in‑house service and aftermarket support.