Four Firms Fly HEICO’s $2.05 Billion Aircraft Parts Company Buy

At least four Big Law firms are providing legal advice in aerospace supplier HEICO Corporation’s acquisition of Wencor Group to expand its offering of aftermarket parts for commercial and military aircraft.

Paul Weiss and Akerman are representing HEICO Corporation.

Cleary Gottlieb is representing private equity firm Warburg Pincus, whose affiliates, with Wencor’s management, are selling Wencor for about $2.05 billion. The total price includes $1.9 billion in cash and $150 million in HEICO Class A Common Stock. The deal is expected to close by year’s end, according to a statement.

Covington & Burling said partner Scott Freling is advising Wencor ...