Portfolio company sale to HEICO
Our attorneys advised private equity firm American Securities and portfolio company Robertson Fuel Systems, LLC on Robertson’s sale to HEICO Electronic Technologies Corp. The $255 million cash deal, which was announced December 21, is expected to expand HEICO’s military aviation offerings. Tempe, Ariz.-based Robertson is the acknowledged world leader in manufacturing crashworthy and ballistically self-sealing auxiliary fuel systems for military helicopters. Hollywood, Fla.-based HEICO makes niche products for aviation, defense, space and other electronics applications.