Tracked deals
11
11 tracked deals across 2020-2026.
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.
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
Last 6 years
Supporting Data
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.
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 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'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'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 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’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'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’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'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'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.
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