HEICO Corporation

HEICO Corporation's Electronic Technologies Group acquired the business, assets and certain liabilities of Pyramid Semiconductor LLC from its founders for cash. Pyramid is a specialty semiconductor designer and manufacturer serving military, space and medical markets.

HEICO Corporation acquired Connect Tech Inc., a leader in embedded computing and NVIDIA GPU solutions based in Guelph, Ontario. Connect Tech will operate as a subsidiary of HEICO.

HEICO Corporation's Flight Support Group acquired 80.1% of Decavo, LLC, a composite parts manufacturer, in an all-cash transaction on February 28, 2019. Financial terms were not disclosed.

HEICO Corporation's Electronic Technologies Group acquired approximately 93% of the stock of Apex Microtechnology, a designer and manufacturer of precision power analog components, in an all-cash transaction. Financial terms were not disclosed.

Moog Inc. Aircraft Group appointed Blue Aerospace, a HEICO subsidiary, as its sole international distributor for the F-16 leading edge flap drive system.

Heico's Flight Support Group acquired Optical Display Engineering (ODE), an FAA-authorized Part 145 Repair Station and PMA holder specializing in repair of LCD screens and display modules.

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.

Heico Corp's flight support group has acquired 100% of Carbon by Design, an innovative composites manufacturer. The purchase price was not disclosed.

HEICO Corporation's Flight Support Group signed an agreement to acquire 80.1% of the operating units of Air Cost Control (A2C), an aviation electrical interconnect product distributor. The acquisition is expected to close within 30-45 days, subject to foreign governmental approval.