Briefs from the May 28, 2014 issue of ATW’s MRO Digest

HEICO’s net income increased 20% to $28.4 million, in the second quarter of fiscal 2014, up from $23.7 million in the second quarter of fiscal 2013.

Warburg Pincus, a private equity firm, has entered into a definitive agreement for one of its affiliates to acquire Wencor Group.