M&A Deal Summary

HEICO Acquires Sensor

On August 11, 2022, HEICO acquired aerospace company Sensor

Acquisition Highlights
  • This is HEICO’s 14th transaction in the Aerospace sector.
  • This is HEICO’s 42nd transaction in the United States.
  • This is HEICO’s 13th transaction in California.

M&A Deal Summary
Date 2022-08-11
Target Sensor
Sector Aerospace
Buyer(s) HEICO
Deal Type Add-on Acquisition

Target

Sensor

Chatsworth, California, United States
website
Sensor is a designer and manufacturer of airborne antennas for commercial and military applications. The company's products include, among others, Aircraft Direction Finding ("ADF"), Altimeter, Glideslope, Global Positioning System ("GPS"), L-Band, Marker Beacon, satellite communications, Total Collision Avoidance System ("TCAS"), Very High Frequency ("VHF") and Very High-Frequency Omni-directional Range ("VOR") antennas. Sensor was formed in 1961 and is based in Chatsworth, California.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

HEICO

Hollywood, Florida, United States

website

Category Company
Founded 1957
Sector Aerospace
Employees5,600
Revenue 2.2B USD (2022)
DESCRIPTION
HEICO's corporate headquarters in Hollywood, Florida.
HEICO's corporate headquarters in Hollywood, Florida.

HEICO is a manufacturer of FAA-approved jet engine and aircraft component replacement parts. HEICO is also a manufacturer of various types of electronic equipment for the aviation, defense, space, medical, telecommunications and electronics industries. The Company operates through two segments including The Flight Support Group and The Electronic Technologies Group. HEICO was founded in 1957 and is based in Hollywood, Florida.

DEAL STATS #
Overall 46 of 48
Sector (Aerospace) 14 of 15
Type (Add-on Acquisition) 43 of 45
State (California) 13 of 13
Country (United States) 42 of 44
Year (2022) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-28 Exxelia International

Paris, France

Exxelia International develops and manufactures complex passive components and electromechanical solutions for niche industrial markets such as aeronautics, space, defense, medical and rail, where product reliability and performance are essential. The Group serves institutional clients, systems and equipment manufacturers. Exxelia offers a complete and custom product range (capacitors, inductors, resistors, filters, position sensors, and rotary joints) embedded into a large number of programs including the Airbus A350 and Boeing 787 Dreamliner, the Ariane 6 launcher, satellite constellations (such as Galileo and Oneweb), the Rafale and F-35, subway coaches and high-speed trains and medical equipment such as MRI machines and defibrillators. EXXELIA was founded in 2009 and is based in Paris, France.

Buy €453M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-01 Ironwood Electronics

Eagan, Minnesota, United States

Ironwood Electronics is a designer and manufacturer of high performance test sockets and adapters for both engineering and production use of semiconductor devices. Its products are utilized by, among others, semiconductor designers and manufacturers for critical validation and testing, as well as additional applications. Ironwood Electronics was founded n 1986 and is based in Eagan, Minnesota.

Buy -
Mergr

Product

Company

Legal