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HEICO Corporation has completed its acquisition of Wencor Group from Warburg Pincus and management for $1.9 billion in cash and $150 million in stock, totaling $2.05 billion. Wencor will join HEICO's Flight Support Group.
“HEICO Corporation today announced that it has completed its previously announced acquisition of Wencor Group from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock paid at closing, or $2.05 billion in the aggregate.”centralcharts.com
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