LOS ANGELES and CHICAGO Victory Park Capital Advisors, LLC (Victory Park or VPC) today announced the sale of its portfolio company, American Plastics LLC (American Plastics or AP or the Company), a leading designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. STATUS: active learn more Investment Summary; Date: 2022-07-20: Target: American Plastics: We greatly look forward to watching American Plastics continue to grow and flourish.. For more information, please visit: www.americanplasticsllc.com. More than $100 million was invested in the company during Highview's and Victory Park's ownership to increase capacity and automation and introduce new products, Highview said. Plastics News would love to hear from you. For more information, visit www.highviewcapital.com. We are greatly looking forward to the future., Since 2017, weve been on an amazing journey with Highview and the American Plastics management team to develop a national leader in the industry, said Charlie Asfour, on behalf of Victory Park. We greatly look forward to watching American Plastics continue to grow and flourish.. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. 2023 - Plastic Molding News. Highview Capital LLC constructed American Plastics with partner Success Park Capital Advisors LLC starting with the purchase of Katy Industries Inc. in 2017 and a subsequent merger with sis business Creative Plastic Concepts and Centrex Plastics in 2018. About Highview Capital, LLC Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. American Plastics was formed by Highview and Victory Park Capital Advisors, LLC (Victory Park) through the initial acquisition of the assets of Katy Industries, Inc. in 2017 and the subsequent strategic merger in 2018 with Creative Plastic Concepts and Centrex Plastics, two high-growth complementary businesses owned by Nick Reinhart. Business Wire | July 07, 2022. This is transaction in the Plastics sector. Private investment owners are selling injection molder American Plastics LLC after five years of control. About Success Park Capital Advisors, LLC Since then, Highview, alongside Victory Park, has led a transformation of the legacy business, recruiting a world class management team, revamping the go-to-market strategy and driving substantial operational improvements to create a national leader in plastic-injection molded products. Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. Happy Surfing! About American Plastics, LLC Oculoplastic Specialist. Highview Capital to Acquire Bassett Creek Services. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. American Plastics was formed by Highview Capital LLC (Highview) and VPC through the initial acquisition of the assets of Katy Industries, Inc. in 2017 and the subsequent strategic merger in 2018 with Creative Plastic Concepts and Centrex Plastics, two high-growth complementary businesses owned by Nick Reinhart. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Injection molder American Plastics gets brand-new owner. VPC is privately held and a Registered Investment Advisor with the SEC. With an emphasis on incorporating technology into design, the brand creates product for men, women, and kids that is innovative and fits flawlessly. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. This Tiffin area is a previous Katy Industries area. The sale of American Plastics marks the very first exit for Highview Capital because the companys launch in 2016 and is a testimony to Highviews technique to assisting middle market business poised to go through an improvement through a positive, collective, and long-lasting collaboration. That Tiffin site is a former Katy Industries location. About American Plastics, LLC The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. We greatly look forward to watching American Plastics continue to grow and flourish.. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. . Try For Free We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. Highview Capital is an opportunistic private equity investment . American Plastics and Frontier Fire . Ms. Cash holds a B.S. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. Paul Gavaris, M.D. For more information, please visit: www.americanplasticsllc.com. Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Ms. Cash will focus on conducting diligence of new investments and providing operational support to Highviews portfolio companies. About Highview Capital, LLC VPC is privately held and a Registered Investment Advisor with the SEC. While you're here, check out our informative and insightful press releases. Victory Park Capital Sells Portfolio Company American Plastics. Business Wire | March 1, 2022. The sale of American Plastics marks the first exit for Highview Capital since the firms launch in 2016 and is a testament to Highviews approach to helping middle market companies poised to undergo a transformation through a constructive, collaborative, and long-term partnership. This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. in Finance and Economics and minor in Public Policy & Management. The company also manufactures containers for the janitorial, food service and office products segments. For more information, visit www.highviewcapital.com. American Plastics has an overall of 14 production and sales areas. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. American Plastics reuses recycled material equivalent to 8 billion water bottles on an annual basis. American Plastics, in 2019, said it was spending $3.5 million and hiring 130 employees at its Tiffin, Ohio, injection molding plant to help meet increased demand for shelving and totes sold under the Craftsman brand at Lowe's. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. Oakam is a digital micro-lender that provides a vital service to underserved communities who otherwise struggle to access the funds they need to manage immediate financial obligations and improve long-term financial health. We are greatly looking forward to the future., Since 2017, weve been on an amazing journey with Highview and the American Plastics management team to develop a national leader in the industry, said Charlie Asfour, on behalf of Victory Park. Since then, Highview, alongside Victory Park, has led a transformation of the legacy business, recruiting a world class management team, revamping the go-to-market strategy and driving substantial operational improvements to create a national leader in plastic-injection molded products. GS Foods Group is based in Carlsbad, California. Victory Park Capital Advisors is an alternative investment firm focused on providing debt and equity capital to small and middle-market companies in a variety of sectors of situations. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. Exclusively Listed By Jeff McKinney Contact Broker Lic. Victor Park's target investment size range is $5 to $100 million. The sale of American Plastics marks the first exit for Highview Capital since the firms launch in 2016 and is a testament to Highviews approach to helping middle market companies poised to undergo a transformation through a constructive, collaborative, and long-term partnership. American Plastics brand-new owner was not revealed in a July 20 statement, and a Highview agent might not be instantly grabbed remark. Los Angeles, CA 90025 Private investment owners are selling injection molder American Plastics LLC after. We would like to thank Robert Guerra, Nick Reinhart and the management team for their partnership in growing the Company over the last five years., Over the past five years, we have worked tirelessly to create a leading presence in the world of sustainable injection-molded plastics, and we are extremely proud of all we have accomplished, said Robert Guerra, President and Chief Executive Officer of American Plastics. Our client success team member will get in touch with you shortly to take this ahead. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. 7-Day Free Trial. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. Mr. Gilbert is responsible for all aspects of the firms investment process, including the sourcing, diligence and execution of new investments. Kapish has distinguished himself as a key leader in our diligence and monitoring efforts on those deals. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Ochre Media Pvt Ltd., 2023. Personal financiers are offering injection molder American Plastics LLC after 5 years of control. Please enable javascript in your browser in order to get form work properly. 310.806.9780. LOS ANGELES, CA - Highview Capital LLC ("Highview") today announced the sale of its portfolio company, American Plastics LLC, ("American Plastics" or "AP" or the "Company") a leading designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. Business Wire | July 20, 2022. Email your letter to Editor at [emailprotected]. With the acquisitions, American Plastics said it will become one of the only companies in the United States to achieve national scale in the plastics industry, with a solid base of blue-chip retail and commercial customers. About Highview Capital Highview Capital is an opportunistic private equity investment vehicle headquartered in Los Angeles,. Since then, Highview and Victory Park have led a transformation of the legacy business, recruiting a world class management team, revamping the go-to-market strategy and driving substantial operational improvements to create a national leader in plastic-injection molded products. P.J. P.J. The company utilizes primarily recycled inputs and maintains a national manufacturing and distribution footprint with 13 state-of-the-art facilities across North America, bringing American-made quality to blue-chip retailers and distributors nationwide. Please enable javascript in your browser in order to get form work properly. http://www.highviewcapital.com Industries Investment Management Company size 2-10 employees Headquarters Los Angeles, California Type Privately Held Founded 2016 Locations Primary Los Angeles,. Gilbert said in a statement. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. TIFFIN, OHIO - September 24, 2019 - American Plastics, a premier plastic injection molding company located just south of Tiffin, Ohio, has announced that it will be investing a total of $3.5 million and hiring more than 130 workers by the end of 2019.. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Sard Verbinnen & Co Highview and VPCs capital investment laid the foundation for the Companys end-to-end capabilities in the design and manufacture of proprietary products for the home storage and commercial cleaning end-markets, which serve a roster of blue-chip customers. About Victory Park Capital Advisors, LLC Los Angeles, CA 90025 About Victory Park Capital Advisors, LLC Highview Sells First Portfolio Business American Plastics. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. Victory Park Capital Advisors is an alternative investment firm focused on providing debt and equity capital to small and middle-market companies in a variety of sectors of situations. We are thankful for the Highview and Victory Park teams deep knowledge of our industry and their ability to roll up their sleeves and truly work alongside us to get to the best outcome for our team. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Ryan McCarthy, Co-Founder of Highview, said, We are pleased to recognize both P.J. Highview was founded in 2016 and is based in . We are thankful for the Highview and Victory Park teams deep knowledge of our industry and their ability to roll up their sleeves and truly work alongside us to get to the best outcome for our team. A story at that time indicated the location also made shelves and totes under the Commander and Blue Hawk brands for Lowe's, the Husky brand for Home Depot and Tough Box for Sam's Club. American Plastics has a total of 14 manufacturing and distribution locations. All Rights Reserved. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. This capital investment laid the foundation for the Companys end-to-end capabilities in the design and manufacture of proprietary products for the home storage and commercial cleaning end-markets, which serve a roster of blue-chip customers. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. This capital investment laid the foundation for the Companys end-to-end capabilities in the design and manufacture of proprietary products for the home storage and commercial cleaning end-markets, which serve a roster of blue-chip customers. Gilbert, Managing Director at Highview and Chairman of American Plastics, commented: American Plastics success is the result of bringing together three scale industry players and driving a transformation in partnership with a top-notch management team. LOUIS--American Plastics, LLC ("American Plastics"), a leading manufacturer, importer and distributor of consumer storage and commercial cleaning products, and a Highview Capital, LLC ("Highview") and Victory Park Capital Advisors, LLC ("Victory Park") portfolio company, today announced it has acquired Centrex Plastics, LLC ("Centrex") and Highview Aquires WilMar, to Merge with Randall. VPC is privately held and a Registered Investment Advisor with the SEC. For more information, please visit www.victoryparkcapital.com. The business likewise makes containers for the caretaker, catering and workplace products sectors. Robert Guerra, who was named Katy's president and CEO last year, will lead American Plastics as president and CEO, the company said. Suzanne Byowitz / Anne Nisperos Hew Copyright 2021 Victory Park Capital Advisors, LLC | All rights reserved | *Registration with the SEC does not imply a certain level of skill or training. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 11755 Wilshire Blvd Suite 1400 Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. Throughout Highview and Success Parks ownership, more than $100 million has actually been bought the business to increase capability and automation and present brand-new items, Highview stated. Your browser does not support JavaScript!. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. LOS ANGELES- ( COMPANY WIRE )-Highview Capital LLC ("Highview") today revealed the sale of its portfolio business, American Plastics LLC, ("American Plastics" or "AP" or the "Business") a leading designer and maker of ingenious, sustainable house storage and business cleansing items. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE For more details, see www.highviewcapital.com. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. Off Market Homes Near 22104 Highview Trail Pl. Highview Capital LLC constructed American Plastics with partner Success Park Capital Advisors LLC starting with the purchase of Katy Industries Inc. in 2017 and a subsequent merger with sis business Creative Plastic Concepts and Centrex Plastics in 2018. LOS ANGELES(COMPANY WIRE)Highview Capital LLC (Highview) today revealed the sale of its portfolio business, American Plastics LLC, (American Plastics or AP or the Business) a leading designer and maker of ingenious, sustainable house storage and business cleansing items. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. The sale of American Plastics marks the first exit for Highview Capital since the firm's launch in 2016 and is a testament to Highview's approach to helping middle market companies poised to undergo a transformation through a constructive, collaborative, and long-term partnership. Full biographies for all Highview team members can be found at http://highviewcp.com/team/. Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. Sard Verbinnen & Co Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. American Plastics was formed by Highview and Victory Park Capital Advisors, LLC (Victory Park) through the initial acquisition of the assets of Katy Industries, Inc. in 2017 and the subsequent strategic merger in 2018 with Creative Plastic Concepts and Centrex Plastics, two high-growth complementary businesses owned by Nick Reinhart. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. Highview Sells American Plastics. P.J. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Try For Free To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. American Plastics revealed in 2019 that it was investing $3.5 million and working with 130 staff members at its Tiffin, Ohio injection molding center to fulfill increased need for racks and carry bags offered under the Artisan brand name at Lowes. Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. The assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. He holds a B.S. 310.806.9780. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. P.J. For additional information, please visit www.highviewcp.com. 22104 Highview Trail Pl, Ashburn, VA 20148 is a studio, 3.5 bathroom, 3,505 sqft single-family home built in 2004. Detroit MI 48207-2997, Most Interesting Social Media Accounts in Plastics, Women Breaking the Mold Networking Forum Library, Teel's Beadle named Plastics News 2022 CFO of the Year, Another study says efforts to curb plastic waste will not make its goal, Obituary: Sid Rains, machinery executive, trade association leader, MTD Micro Molding, PolySource named top workplaces for 2023, A reassessment for $2.4B battery factory in Michigan. We would like to thank Robert Guerra, Nick Reinhart and the management team for their partnership in growing the Company over the last five years., Over the past five years, we have worked tirelessly to create a leading presence in the world of sustainable injection-molded plastics, and we are extremely proud of all we have accomplished, said Robert Guerra, President and Chief Executive Officer of American Plastics. We are greatly looking forward to the future., Since 2017, weve been on an amazing journey with Highview and the American Plastics management team to develop a national leader in the industry, said Charlie Asfour, on behalf of Victory Park. STATUS: realized learn more GS Foods GS Foods is a specialized food distribution company focused on institutional end markets such as K-12 education. About American Plastics, LLC The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. Oakam was formed in 2006 and is based in Croydon, United Kingdom. "Over the past five years, we have worked tirelessly to create a leading presence in the world of sustainable injection-molded plastics, and we are extremely proud of all we have accomplished," American Plastics CEO Robert Guerra said in a statement. A combination of newly implemented cutting-edge technologies and a renewed focus on our core storage customers led AP to a true leadership position in the industry. We would like to thank Robert Guerra, Nick Reinhart and the management team for their partnership in growing the Company over the last five years., Over the past five years, we have worked tirelessly to create a leading presence in the world of sustainable injection-molded plastics, and we are extremely proud of all we have accomplished, said Robert Guerra, President and Chief Executive Officer of American Plastics. About Victory Park Capital Advisors, LLC For more information, please visit www.victoryparkcapital.com. 212-687-8080/415-618-8750. For more details, please see: www.americanplasticsllc.com. Joes Jeans was formed in 2001 and is based in Los Angeles, California. The facility was operated by the former Katy Industries Inc., which emerged from bankruptcy in 2018 as American Plastics and is now owned by the private equity firms Highview Capital LLC and . Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Since then, Highview, alongside Victory Park, has led a transformation of the legacy business, recruiting a world class management team, revamping the go-to-market strategy and driving substantial operational improvements to create a national leader in plastic-injection molded products. Mr. Haldia is responsible for diligence of new investments, in addition to providing operational support to management teams across the firms portfolio. This is transaction in Missouri. American Plastics success is the outcome of combining 3 significant market players and driving change in collaboration with a first-rate management group. Together, we intended to change this company and the sale is a reflection of this groups commitment to that shared objective. A mix of freshly executed innovative innovations and a restored concentrate on our core storage consumers has actually moved AP to a real management position in the market, Highview CEO PJ Gilbert stated in a declaration. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Highview Capital LLC (Highview) today announced the sale of its portfolio company, American Plastics LLC, (American Plastics or AP or the Company) a leading designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. Gilbert, Managing Director at Highview and Chairman of American Plastics, commented: American Plastics success is the result of bringing together three scale industry players and driving a transformation in partnership with a top-notch management team. This property is not currently available for sale. A combination of newly implemented cutting-edge technologies and a renewed focus on our core storage customers led AP to a true leadership position in the industry.