# HEICO completes acquisition of Wencor Group for $2.05 billion

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.

- Type: Acquisition
- Announced: 2023-08-04
- Where: Peachtree City, GA, United States
- Value: $2.05B
- Jobs: 1,000
- Status: completed
- Products: aircraft replacement parts, aftermarket parts distribution, component repair and overhaul services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Warburg Pincus](https://endata.com/companies/609.md) (investor)
- [Wencor Group](https://endata.com/companies/1245.md) (target)
- [HEICO Corporation](https://endata.com/companies/22707.md) (acquirer)

## Sources

- [centralcharts.com](https://www.centralcharts.com/en/145967-heico-corp/news/4349605-heico-corporation-completes-wencor-group-acquisition), 2023-08-04: "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."
- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/aerospace-and-defense/heico-corporation-completes-wencor-group-acquisition-772365), 2023-08-04: "HEICO Corporation today announced that it has completed its previously announced acquisition of Wencor Group."

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