HEICO Mergers and Acquisitions Summary

AerospaceCompany

HEICO has acquired 48 companies, including 22 in the last 5 years. A total of 8 acquisitions came from private equity firms.

HEICO’s largest acquisition to date was in 2022, when it acquired Exxelia S.A.S. for $510M. HEICO has acquired in 19 different US states, and 3 countries. The Company’s most targeted sectors include aerospace (30%) and electrical equipment (18%).

Join Mergr and gain access to HEICO’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the aerospace sector.

M&A Summary

  • M&A Total Activity47
    • M&A Buy Activity47
  • Total Sectors Invested 13
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 9
  • M&A Advisors 4

HEICO

HEICO Corp.

3000 Taft Street,
Hollywood, Florida 33021
United States,
(954) 987-4000
www.heico.com

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.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (3.8/yr) # 28 5 3 5 6 - 47
vol $572M $510M $1.1B
Sell (0.0/yr) # - - - - - - 0
  47

Most Recent M&A

Company Date Value Type
Ironwood Electronics, Inc. 2022-09-01 - Add-on Acquisition
Eagan, Minnesota · www.ironwoodelectronics.com
Sensor Systems, Inc. 2022-08-11 - Add-on Acquisition
Chatsworth, California · www.sensorantennas.com
Exxelia S.A.S. 2022-07-28 510M EUR Add-on Acquisition
Paris, France · www.exxelia.com
Accurate Metal Machining, Inc. 2022-07-19 - Add-on Acquisition
Painesville, Ohio · www.accuratemetalmachining.com
Flight Microwave Corp. 2022-03-14 - Add-on Acquisition
El Segundo, California · www.flightmicrowave.com
Pioneer Industries, Inc. 2022-02-10 - Add-on Acquisition
Farmingdale, New York · www.pioneerspares.com
RH Laboratories, Inc. 2021-09-29 - Stake Purchase
Nashua, New Hampshire · www.rh-labs.com
Ridge Engineering, Inc. 2021-07-06 - Add-on Acquisition
Hampstead, Maryland · www.ridgeeng.com
The Bechdon Company, Inc. 2021-07-06 - Add-on Acquisition
Upper Marlboro, Maryland · www.bechdon.com
Camtronics LLC 2021-06-24 - Add-on Acquisition
Tulsa, Oklahoma · www.camtronicsllc.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Aerospace 14 (30%) 255M (24%) - -
Electrical Equipment 8 (17%) 510M (47%) - -
Technology Hardware 5 (11%) 317M (29%) - -
Electronics 4 (9%) - - -
Manufacturing 4 (9%) - - -
Semiconductors 4 (9%) - - -
Distribution 2 (4%) - - -
Business Services 1 (2%) - - -
Defense 1 (2%) - - -
Metals/Mining 1 (2%) - - -
Packaging 1 (2%) - - -
Safety/Security 1 (2%) - - -
Test/Measurement Equipment 1 (2%) - - -
Total 47 $1.1B - -

By Geo

State/Country Buy Value Sell Value
United States 43 572M - -
  California 13 317M - -
  Maryland 4 - - -
  Arizona 4 255M - -
  New York 3 - - -
  Oregon 2 - - -
  Illinois 2 - - -
  Florida 2 - - -
  Texas 2 - - -
  Tennessee 1 - - -
  South Carolina 1 - - -
  Pennsylvania 1 - - -
  Oklahoma 1 - - -
  Ohio 1 - - -
  New Mexico 1 - - -
  New Hampshire 1 - - -
  Minnesota 1 - - -
  Iowa 1 - - -
  Connecticut 1 - - -
  Vermont 1 - - -
Canada 2 - - -
  Quebec 1 - - -
  Ontario 1 - - -
France 2 510M - -
Domestic 43 (91%) 572M (53%) - -
Cross-border 4 (9%) 510M (47%) - -
Total 47 $1.1B - -

Top M&A Advisors

Financial Deals
UBS Investment Bank
1
Canaccord Genuity Corp.
1
Legal Deals
Squire Patton Boggs
1
Akerman Senterfitt LLP
1

Deal Values

buy # Total
$100M to $1B 3 $1.1B
TOTAL $1.1B
Largest Exxelia S.A.S.
$510M (2022-07-28)

M&A Connections

Deals
Acquired from
Investor(s)
15%
7 (15%)
Strategic(s)
2%
1 (2%)

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