# HEICO Flight Support Group acquires 96% of Accurate Metal Machining

HEICO Corporation's Flight Support Group acquired 96% of Accurate Metal Machining, Inc., a manufacturer of high-reliability components for aerospace, defense, and semiconductor equipment. The acquisition was for cash at closing with potential additional consideration.

- Type: Acquisition
- Announced: 2022-07-19
- Where: Cleveland, OH, United States
- Jobs: 250
- Status: completed
- Products: high-reliability components and assemblies
- 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)
- [Ironwood Electronics](https://endata.com/companies/41711.md) (target)
- [Accurate Metal Machining](https://endata.com/companies/64240.md) (target)
- [Sensor Systems, Inc.](https://endata.com/companies/64695.md) (target)

## Sources

- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/aerospace-and-defense/heico-corporation-acquires-advanced-aerospace-and-semiconductor-equipment-comp-708904), 2022-07-19: "HEICO Corporation (NYSE:HEI.A and HEI) today announced its Flight Support Group has acquired 96% of Accurate Metal Machining, Inc."
- [sensorantennas.com](https://www.sensorantennas.com/aircraft-antenna-articles/sensor-systems-inc-a-heico-company/), 2022-08-11: "HEICO Coporation (NYSE HEI and HEI.A) announced today, August 11, 2022, that its Electronic Technologies Group acquired all of the stock of Sensor Systems, Inc."
- [newswire.com](https://www.newswire.com/news/heico-corporation-acquires-majority-of-growing-niche-technology-component-maker), 2022-09-01: "We wanted to partner with a successful and growing company which would be dedicated to our people and our customers."

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