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-0.000144866883430316 -0.000386311689147875 -0.000965779222869689 0.000160963203811645 -0.00109454978591886 -0.00109454978591886 -0.00109454978591886 -0.00109454978591886
Stock impact report

One Equity Partners’ Portfolio Company EthosEnergy to Sell Aerospace & Defense Business

Heico Corporation (HEI) 
Last heico corporation earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: heico.com/investors
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--One Equity Partners (“OEP”), a middle market private equity firm, today announced that portfolio company EthosEnergy (“Ethos”) has agreed to sell its aerospace and defense business comprised of EthosEnergy Accessories and Components Limited and EthosEnergy Accessories and Components, LLC (collectively referred to as “Ethos A&C” or “Ethos’ A&D Business”), to Wencor Group LLC, a subsidiary of HEICO Corporation (NYSE: HEI and HEI.A). Financial terms of the private transaction were not disclosed.“This transaction is part of Ethos’ broader transformation to simplify and optimize the company’s structure to deliver long-term value for customers,” said Ante Kusurin, Partner at One Equity Partners. "Shortly after One Equity acquired Ethos in December 2024, we identified HEICO as a potential strategic acquirer for Ethos’ A&D business, and we are thrilled to have achieved this significant milestone within the first year of our partnership with the Ethos team.”Ethos Show less Read more
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