# HEICO to acquire AeroAntenna Technology for $316.5M

HEICO Corporation's Electronic Technologies Group signed a stock purchase agreement to acquire 100% of AeroAntenna Technology Inc. for $316.5 million in cash, plus a potential $20 million earnout.

- Type: Acquisition
- Announced: 2017-08-20
- Where: Chatsworth, California, United States
- Value: $316.5M
- Status: announced
- Products: active antenna systems, GPS antennas, aircraft navigation antennas, satellite communications antennas
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [HEICO Corporation](https://endata.com/companies/22707.md) (acquirer)
- [AeroAntenna Technology Inc.](https://endata.com/companies/26393.md) (target)

## Sources

- [avitrader.com](https://avitrader.com/2017/08/20/heico-corporation-signs-agreement-to-buy-aeroantenna-technology/), 2017-08-20: "This transaction is the largest purchase in HEICO's history."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.