HEICO Corporation’s subsidiary, Exxelia, acquired a 90% stake in CalRamic Technologies, LLC on June 10, 2026. CalRamic manufactures high-voltage ceramic capacitors for aerospace and defense applications. Founder and CEO Jeff Day will retain a 10% ownership interest. The financial terms of the cash transaction were not disclosed.
The deal marks HEICO’s fifth acquisition of the current fiscal year. Management intends to expand its Electronic Technologies Group through this purchase. HEICO expects the acquisition to be accretive to earnings within the first year. CalRamic will maintain its Reno, Nevada operations and its team of over 40 employees.