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Companies

HEICO

Company Profile

HEICO is a leading provider of specialized electronic equipment and components, the company operates through two main segments: the Flight Support Group, responsible for the design, manufacturing and repair of jet engine and aircraft replacement parts; and the Electronic Technologies Group, which focuses on developing advanced electronic and power-related systems


Facility locations in 23 states in the United States and 13 other countries in North America, Europe, the Middle East and Asia.

HEICO's customers include most of the world's airlines, air cargo carriers, satellite manufacturers, defense equipment producers, medical equipment manufacturers, government agencies, telecommunications equipment suppliers and others: American Airlines, Lufthansa Technik, FedEx, GE, SpaceX, NASA, UPS, etc.

Snapshot

1957

Founded

Hollywood, FL
USA

HQ

6,500

Employees

3.9 Billion USD

Revenue

In The Past 10聽Years

7x Shareholder Returns

13% Revenue Growth

EBITDA Margins (%):聽+468 bps

FCF Margins (%):聽+191 bps

4 Pillars of Value Creation

Market Leadership

  • Diversified portfolio of niche products has established it as a segment of one leader
    • Industry influencer
    • Brand reputation
    • Diversified portfolio

R&D

  • 11% growth rate in R&D expenses in the last 5 years
  • Commitment to innovation and technological advancements

M&A Strategy

  • 10+ acquisitions since 2020
  • Segment Aligned Strategic M&A鈥檚1 strengthen FSG and ETG capabilities while expanding product portfolio

Customer First

  • Prioritize culture with direct customer access
  • Customer centric culture fosters strong loyalty, earning it trusted partnerships with leading global airlines and major electronics firms

Explore

Victor Mendelson, Co-President of HEICO

Victor Mendelson shares his thoughts on what has contributed to the company鈥檚 continued success, citing its flexible mindset and management during the turnaround, relentless focus on product and people development, and a culture of ownership that includes employees of acquired businesses.

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