{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-23-001445","form_type":"8-K","ticker":"HEI","cik":"0000046619","company_name":"HEICO CORP","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.863846+00:00","generated_at":"2026-06-15T01:43:07.033250+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HEICO acquires Wencor Group for $2.05B ($1.9B cash + $150M stock), its largest deal","bullets":["Acquisition valued at $2.05 billion: $1.9B cash and $150M in HEICO Class A Common Stock at closing.","Wencor projected to generate ~$724M revenue and ~$153M adjusted EBITDA in CY2023; effective purchase multiple ~12.9x.","Expected tax benefits of ~$75M through FY2038; accretion expected within one year of closing.","Closing expected by end of calendar 2023, subject to antitrust clearance; Wencor will join Flight Support Group.","HEICO anticipates net debt-to-EBITDA leverage below 3:1 post-closing, returning to historical levels within 12-18 months."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-23-001445","json":"https://secwatch.observer/filing/0000950142-23-001445.json","markdown":"https://secwatch.observer/filing/0000950142-23-001445.md","text":"https://secwatch.observer/filing/0000950142-23-001445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46619/000095014223001445/0000950142-23-001445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46619/000095014223001445/eh230358705_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:43:07.033250+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}