The Heico Companies is a family owned business and parent holding company for a diverse portfolio of manufacturing, construction and industrial services businesses. Heico has grown into a broad and diverse organization with operations in 18 countries in five different continents. Today, the company looks to acquire performing businesses that complement Heico's existing operations. For new platform acquisitions, Heico prefers businesses based in North America and Europe with $50 to $250 million in sales. For add-on acquisitions that fit one of their existing portfolio companies, they prefer businesses with at least $5 million in sales. Heico strives to retain the talented people in the companies that they acquire because they recognize that their diverse skill sets, product knowledge and customer relationships have contributed to their success. The company was founded in 1979 and is headquartered Chicago, Illinois.