Mid Continent Controls, Inc. has been acquired by HEICO Corporation

HEICO Corporation (NYSE: HEI) has acquired Mid Continent Controls, Inc. (MC2). Following the acquisition, MC2 will maintain its established brand name while operating as part of HEICO’s Electronic Technologies Group. MC2 will report directly to Radiant Power Group, a complementary subsidiary of HEICO that provides electronic components for the commercial and private aircraft markets.

Based in Derby, Kansas, MC2 is a niche designer and manufacturer of electronic components for business jets. The company offers a comprehensive suite of power distribution, in-flight entertainment, cabin management and connectivity solutions. MC2’s core products include power outlets, auxiliary ports, wireless charging bins, switch panels and seat controls. Founded in 1996 by Rick Hemphill, MC2 has built strong relationships with an expansive roster of business aircraft original equipment manufacturers (OEMs) and aftermarket retrofitters, establishing itself as a trusted partner to deliver highly engineered, mission-critical components that enhance the aircraft user experience.

HEICO Corporation specializes in the design, production, servicing and distribution of products and services for niche segments within the aviation, defense, space, medical, telecommunications and electronics industries. The company is based in Miami, Florida.

Oaklins TM Capital in the USA served as the exclusive financial advisor to MC2 in connection with its sale to HEICO Corporation. During the pitch and marketing process, aerospace, defense & security specialist Oaklins Janes Capital provided valuable market insights and leveraged strong industry relationships that contributed to closing the transaction.