Mooreland Partners Advises Apex Microtechnology on Sale to HEICO

Mooreland continues advisory role in the Power & Electronic Components markets

SAN FRANCISCO – December 3, 2018 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, is pleased to announce that it acted as the exclusive financial advisor to Apex Microtechnology Inc. (“Apex”) on its sale to HEICO Corporation (“HEICO”).

Apex is the leading provider of advanced power components and subsystems with a portfolio containing more than 300 products focused on high voltage and high current applications. The Company addresses a diverse set of complex high-power applications for over 3,000 customers in the industrial, medical, aerospace & defense and capital equipment markets.

Apex will operate as a subsidiary of HEICO and the entire management team will remain with the Company. HEICO (NYSE: HEI, HEI.A), a 5,600-employee business based in Hollywood, Florida, engages in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries.

“Apex Microtechnology has delivered long-term value to its customers for over 35 years with its precision power components, which generated strong interest from Industrial Technology acquirers. We are delighted that Mooreland played a key role in optimizing value for the Company and its shareholders,” said Bryan Dow, Managing Director at Mooreland Partners. “HEICO obtained an exceptional business delivering ongoing growth and profitability,” said Charlie Bullock, Managing Director, Mooreland Partners.