M&A Deal Summary

HEICO Acquires Specialty Silicone Products

On November 1, 2018, HEICO acquired aerospace company Specialty Silicone Products

Acquisition Highlights
  • This is HEICO’s 9th transaction in the Aerospace sector.
  • This is HEICO’s 25th transaction in the United States.
  • This is HEICO’s 1st transaction in New York.

M&A Deal Summary

Date 2018-11-01
Target Specialty Silicone Products
Sector Aerospace
Buyer(s) HEICO
Deal Type Add-on Acquisition

Target

Specialty Silicone Products

Ballston Spa, New York, United States
Specialty Silicone Products, Inc. is a designer and manufacturer of silicone materials for a variety of demanding applications, used in aerospace, defense, research, oil and gas, testing, pharmaceuticals, and other markets. Since SSP’s founding in 1989, the company has been a consistent innovator and pioneer within the silicone manufacturing industry. SSP employs approximately 70 team members and operates out of one, 52,000 square foot, state-of-the-art facility in Ballston Spa, NY.

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Buyer(S) 1

Buyer

HEICO

Hollywood, Florida, United States

Category Company
Founded 1957
Sector Aerospace
Employees9,600
Revenue 3.0B USD (2023)
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. HEICO was founded in 1957 and is based in Hollywood, Florida.


DEAL STATS #
Overall 27 of 50
Sector (Aerospace) 9 of 16
Type (Add-on Acquisition) 25 of 47
State (New York) 1 of 3
Country (United States) 25 of 46
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-30 Optical Display Engineering

Tustin, California, United States

Optical Display Engineering is an FAA-authorized Part 145 Repair Station focusing on the repair of LCD screens and display modules for aviation displays used in civilian and military aircraft. ODE also holds FAA-PMA authority to supply products that it repairs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-28 Apex Microtechnology

Tucson, Arizona, United States

Apex Microtechnology designs and manufactures high performance monolithic and hybrid analog power integrated circuits that provide off-the-shelf solutions across a wide range of commercial, industrial and military applications.

Buy -