HEICO has built its long-term success on a highly acquisitive strategy, completing more than 110 acquisitions since 1996. Acquisitions are not just a component of our growth, they are central to it. We take a long-term, partnership-oriented approach, never acquiring businesses with the intention to sell them. Instead, we seek to align with founders and owners who often continue to lead their companies, preserving the entrepreneurial spirit that made them successful. Our decentralized model empowers these leaders to retain control over day-to-day operations and strategic direction, while benefiting from HEICO’s broader resources and network. As we continue to expand, we are always looking for new opportunities to partner with exceptional businesses and management teams.
BENEFITS OF A HEICO PARTNERSHIP
Every acquisition partnership strengthens our collective expertise and broadens our unique capabilities, benefitting all members of our family.
KEY BENEFITS
Strong aerospace, defense, electronics, and specialty materials heritage with deep industry relationships
Access to capital allows Presidents to invest heavily in people, equipment, and new products for long-term growth
Potential sales growth from our customer relationships and collaboration with our family of companies
Optional corporate support functions for finance, IT, security, HR, and legal
A network of successful Presidents with whom to cultivate ideas and opportunities
Focus on succession planning for the future
No unnecessary corporate bureaucracy
APPROACH TO ACQUISITION PARTNERSHIPS
Businesses continue to operate as stand-alone entities, fostering each business’s unique brand, culture and growth environment.
Owners often retain a meaningful stake in the business.
Acquisitions Structured to Enable a Long-Term Partnership
HEICO usually acquires between 80% to 100% of the business with the current owners retaining a stake
Preserving a company’s culture through the acquisition
Entrepreneur leads strategy and day to day operations
Annual dividend based on percentage ownership
No leverage applied to balance sheet
No management fee
Business remains “as-is”:
Retains brand identity
Stays at its current location
No operational consolidation
Employees retain current roles
ACQUISITIONS
Flight Support Group
1974
1988
1991
1995
1998
1999
2000
2001
2005
2006
2007
2010
2011
2012
2013
2014
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
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Electronic Technologies Group
1999
2001
2003
2004
2005
2007
2009
2010
2011
2012
2013
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
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EXAMPLES OF HEICO PARTNERSHIPS
Selling Founders and Owners enjoy a lasting successful partnership with HEICO as they continue to lead their businesses, in which they often retain equity
HEICO acquired 100% in 1999 Co-Founder is current Chairman
HEICO acquired 51% in 2005 Founder is current CEO
HEICO acquired 100% in 1999 Co-Founder is current President
HEICO acquired 80% in 2006 Founder is current President
HEICO acquired 100% in 2001 Founder is current CEO
HEICO acquired 80.1% in 2008 Founder is current General Manager
HEICO acquired 80% in 2003 Co-Founder is current President
HEICO acquired 82.5% in 2009 Co-Founder is current CEO
HEICO acquired 100% in 2004 Co-Founder is current CEO
HEICO acquired 80.1% in 2010 Founder is current President
HEICO acquired 85% in 2005 Founder is current President
HEICO acquired 100% in 2011 Co-Founder is current President
+ many additional successful partnerships with founders / owners since 2011