HEI News and Press, Heico Corporation From 05/15/23

2023-05-15 10:22:27 ET Heico’s ( NYSE: HEI ) stock on Monday surged to an all-time high after saying it had agreed to acquire for $2.05 billion in cash and stock aftermarket defense parts supplier Wencor Group from management and private-equity firm Warburg Pincus. Heico ...

HOLLYWOOD, FL and PEACHTREE CITY, GA / ACCESSWIRE / May 15, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group ("Wencor") from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million...

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2023-04-03 09:08:12 ET HEICO ( NYSE: HEI ) announced that its Dukane Seacom subsidiary entered into an exclusive license and acquired key assets for the Aircraft Emergency Locator Transmitter product line from Honeywell International. The transaction was structured as an e...

Asset Purchase and Exclusive License for Dukane Seacom subsidiary cements leadership position SARASOTA, FL and HOLLYWOOD, FL / ACCESSWIRE / April 3, 2023 / HEICO Corporation (NYSE:HEI and HEI.A) today announced that its Dukane Seacom subsidiary entered into an exclusive license and acquired ...

2023-03-20 03:45:25 ET Summary The strong results for the first quarter of fiscal 2023 show that HEICO is growing rapidly. HEICO is operating in a growing market as the need for defense spending increases due to increased global threats. The profit margin is high at 15%, but i...

2023-03-18 06:49:57 ET Summary HEICO is a North American company considered to be the world's largest manufacturer of engineering systems for aircraft as well as parts and replacement parts. I assumed that the recent increase in research and development expenditures, mainly in the...

2023-03-17 10:00:00 ET Summary HEICO has compounded at a 22% CAGR over the last 32 years. The company has a robust business with sticky products. HEICO's entrepreneurial culture and 20% of insider ownership help its continued growth. Multiples expanded dramatically over th...