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08 Apr 2026

Akerman Advises HEICO Corporation on 80% Acquisition of Sherwood Avionics and Accessories

"Akerman advised HEICO Corporation on its acquisition of an 80% stake in Sherwood Avionics and Accessories, with the remaining ownership staying with Sherwood management. Sherwood, founded in 1992 and based near Miami’s Opa-locka Airport, is an FAA and EASA Part 145 repair station providing defense-focused MRO services (including APUs and complex electro-mechanical components) for military fixed- and rotary-wing platforms. The deal expands HEICO’s defense MRO capabilities and strengthens its Flight Support Group’s mission-critical component overhaul presence. The Akerman deal team included partners Jonathan Awner, Christina Russo, and Austin Ownbey, with associates Taylor Jobb and Amanda Rementeria."

Akerman LLP represented HEICO Corporation in the acquisition. HEICO acquired 80% of the stock of Sherwood Avionics and Accessories, Inc., with the remaining interest retained by Sherwood’s management. Sherwood, an FAA and EASA Part 145 repair station based near Miami’s Opa-locka Airport, provides defense-focused MRO services (including auxiliary power units and complex electro-mechanical components) for a range of military fixed‑wing and rotary‑wing platforms; the acquisition strengthens HEICO’s defense MRO capabilities and expands its Flight Support Group’s presence in mission‑critical component overhaul. The Akerman team advising HEICO included: Jonathan Awner — partner, corporate law; Christina Russo — partner, securities law; Austin Ownbey — partner, antitrust law; Taylor Jobb — associate, corporate; and Amanda Rementeria — associate, corporate.
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