The Heico Companies Acquires Insight Vision from Alliance Technology

HEICO Corporation Acquires Sensor Systems, Inc.

August 11, 2022

Aerospace & Defense

HEICO Corporation's Electronic Technologies Group acquired all of the stock of Sensor Systems, Inc. in a transaction using cash and approximately 575,000 HEICO Class A common shares. Sensor, a Chatsworth, California-based designer and manufacturer of airborne antennas (approximately 200 employees), will continue operating under its current name and location; HEICO expects the acquisition to be accretive to earnings in the year following the acquisition.

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.

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.

Unifeye Vision Partners Acquires Insight Vision Group

September 18, 2023

Healthcare Services

Unifeye Vision Partners, a portfolio company of Waud Capital, has acquired Insight Vision Group, a California-based ophthalmology platform that combines DLV Vision and ADV Vision. The deal adds 10 clinics and 2 ambulatory surgery centers to Unifeye's network and expands the buyer's West Coast footprint; financial terms were not disclosed.

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.

The Heico Companies Acquires Kershaw

November 3, 2025

Manufacturing

The Heico Companies has acquired Kershaw, a supplier of rail maintenance and vegetation management equipment, adding the business to Heico’s Heavy Equipment Segment alongside Pettibone, BARKO and ARDCO. Kershaw, formerly part of Progress Rail (a Caterpillar company), will support Heico’s capability and market expansion in rail, forestry and maintenance-of-way equipment markets.