Public Company Manufacturing

HEICO

Hollywood, Florida, United States

HEICO Corporation designs, manufactures, services, and distributes niche aerospace, defense, space, medical, telecommunications, and electronics products through its Flight Support Group and Electronic Technologies Group. Its offerings include aircraft replacement parts, aerospace and defense components, electronic systems, and aviation aftermarket repair and support services.

Focus Areas
Aerospace aftermarket parts, Aircraft component repair and MRO, Aerospace and defense components
Website
heico.com

Tracked deals

11

11 tracked deals across 2020-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

10 buyout · 1 divestiture

HEICO Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for HEICO. 2 2020 1 2021 5 2022 1 2023 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • HEICO Corporation Acquires 80% of Sherwood Aviation
    April 13, 2026
    Buyer
    HEICO Corporation
    Target
    Sherwood Avionics and Accessories, Inc. (Sherwood Aviation)
    Seller
    Members of Sherwood Aviation's management team (retained 20%); implies they sold/partially sold 80% to HEICO
    Industry
    Industrial Services
    Location
    Florida, United States
    Type
    Buyout

    HEICO Corporation, through its Flight Support Group, acquired 80% of Sherwood Avionics and Accessories, Inc. (Sherwood Aviation). The remaining 20% continues to be held by members of Sherwood Aviation’s management team, and the transaction was completed on April 6, 2026.

  • HEICO Corporation to Acquire Axillon Aerospace Fuel Containment Business
    November 10, 2025
    Buyer
    HEICO Corporation
    Target
    Axillon Aerospace Fuel Containment business
    Seller
    Axillon Aerospace
    Industry
    Aerospace & Defense
    Location
    Georgia, United States
    Type
    Divestiture

    Axillon Aerospace has signed a definitive agreement to sell its Fuel Containment business to HEICO Corporation. The fuel containment unit, based in Rockmart, Georgia, employs approximately 530 people and provides specialized solutions for fixed- and rotary-wing aircraft. The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of 2026.

  • HEICO Corporation Acquires Wencor Group from Warburg Pincus and Wencor Management for $2.05B
    May 19, 2023
    Buyer
    HEICO Corporation
    Target
    Wencor Group
    Seller
    Affiliates of Warburg Pincus LLC, Wencor management
    Industry
    Aerospace & Defense
    Location
    Georgia, United States
    Type
    Buyout

    HEICO Corporation agreed to acquire Wencor Group from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million in HEICO Class A common stock (approximately $2.05 billion aggregate). Wencor—an aftermarket provider of FAA-approved aircraft replacement parts and component repair/overhaul services based in Peachtree City, Georgia with ~1,000 employees—will join HEICO’s Flight Support Group to expand product and service capabilities and realize synergies.

  • HEICO Corporation Acquires Sensor Systems, Inc.
    August 11, 2022
    Buyer
    HEICO Corporation
    Target
    Sensor Systems, Inc.
    Seller
    Seymour 'Si' Robin, Bazar family
    Industry
    Aerospace & Defense
    Location
    California, United States
    Type
    Buyout

    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 Subsidiary dB Control Acquires Charter Engineering
    August 9, 2022
    Buyer
    HEICO Corporation, dB Control (a HEICO subsidiary)
    Target
    Charter Engineering, Inc.
    Industry
    Aerospace & Defense
    Location
    Florida, United States
    Type
    Buyout

    HEICO Corporation's dB Control subsidiary acquired 100% of the stock of Charter Engineering, Inc., a Pinellas Park, Florida-based designer and manufacturer of RF and microwave coaxial switches. The acquisition will integrate Charter into HEICO's Electronic Technologies Group and expand dB Control's RF/microwave switch offering; HEICO expects the deal to be accretive within the year.

  • HEICO Corporation to Acquire Exxelia from IK Partners (IK VII)
    July 28, 2022
    Buyer
    HEICO Corporation
    Target
    Exxelia
    Seller
    IK Partners (IK VII Fund affiliate)
    Industry
    Aerospace & Defense
    Location
    Île-de-France, France
    Type
    Buyout

    HEICO Corporation has entered into exclusive negotiations to purchase Exxelia from an affiliate of the IK VII Fund. Exxelia, headquartered in Paris and a manufacturer of high-reliability passive components and precision subsystems with ~2,100 employees and ~€190m revenue (FY2022), will broaden HEICO's product portfolio and European footprint pending regulatory approvals.

  • HEICO Corporation Acquires Accurate Metal Machining, Inc.
    July 19, 2022
    Buyer
    HEICO Corporation (Flight Support Group)
    Target
    Accurate Metal Machining, Inc.
    Seller
    Loiczly Family
    Industry
    Aerospace & Defense
    Location
    Ohio, United States
    Type
    Buyout

    HEICO Corporation’s Flight Support Group acquired a 96% stake in Accurate Metal Machining, Inc., a Cleveland-based manufacturer of high-reliability components for aerospace, defense and semiconductor equipment, for cash at closing plus potential additional performance-based consideration. Accurate, founded in 1976 and employing approximately 250 people, will continue to be led by its existing management and remain largely unchanged operationally while adding capabilities to HEICO's Specialty Products Group.

  • HEICO Corporation Acquires Majority Stake in Pioneer Industries
    February 10, 2022
    Buyer
    HEICO Corporation
    Target
    Pioneer Industries, LLC
    Seller
    Robert Yormack, David Yormack
    Industry
    Aerospace & Defense
    Location
    New York, United States
    Type
    Buyout

    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 Majority of Camtronics LLC Operating Assets
    June 24, 2021
    Buyer
    HEICO Corporation (Flight Support Group)
    Target
    Camtronics LLC
    Seller
    Campbell family (founders David and Rick Campbell)
    Industry
    Aerospace & Defense
    Location
    Oklahoma, United States
    Type
    Buyout

    HEICO Corporation’s Flight Support Group acquired 80.1% of the operating assets of Camtronics LLC for cash. The Tulsa-based FAA Part 145 repair station — which employs 36 people and performs proprietary FAA-DER repairs for commercial and cargo airlines — will continue operating in its current location with founder David Campbell remaining as VP and General Manager; the Campbell family retains ownership stakes.

  • HEICO Corporation Acquires Connect Tech Inc.
    August 19, 2020
    Buyer
    HEICO Corporation (Electronic Technologies Group)
    Target
    Connect Tech Inc.
    Seller
    Connect Tech shareholders (including co-founder David Worthen)
    Industry
    Manufacturing
    Location
    Ontario, Canada
    Type
    Buyout

    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 Corporation Acquires Intelligent Devices and Transformational Security
    August 12, 2020
    Buyer
    HEICO Corporation
    Target
    Intelligent Devices, Inc., Transformational Security, LLC
    Seller
    Edmund Pirali, Jon Whittingham
    Industry
    Aerospace & Defense
    Location
    Maryland, United States
    Type
    Buyout

    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.

Related Acquisition Pages

Aerospace & Defense Buyers & Acquisitions 9 tracked deals by HEICO. Industrial Services Buyers & Acquisitions 1 tracked deal by HEICO. Manufacturing Buyers & Acquisitions 1 tracked deal by HEICO. Acquisitions in Florida 2 tracked deals by HEICO. Acquisitions in Georgia 2 tracked deals by HEICO. Acquisitions in California 1 tracked deal by HEICO. Acquisitions in Maryland 1 tracked deal by HEICO.

Related articles

Selling a company? Get in front of buyers like HEICO

Turn tracked acquisition activity into an outreach-ready buyer list.

Find buyers like these →