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. 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. 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. About Highview Capital, LLC P.J. Ms. Cash will focus on conducting diligence of new investments and providing operational support to Highviews portfolio companies. Robert Guerra, who was named Katy's president and CEO last year, will lead American Plastics as president and CEO, the company said. Based in St. Louis, American Plastics makes house and garage storage items, shelving systems, tool boxes and workstations that are cost retail areas. 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. STATUS: active learn more The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 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. Ever since, Highview, together with Success Park, has actually led an improvement of the tradition company, hiring a world class management group, revamping the go-to-market method and driving considerable functional enhancements to develop a nationwide leader in plastic-injection molded items. For more details, please see: 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. Watterson is based in Schaumburg, Illinois. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. "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. Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew 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. 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. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. 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 are happy for the Highview and Success Park groups deep understanding of our market and their capability to roll up their sleeves and genuinely work together with us to get to the very best result for our group. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. KBP Foods was formed in 1999 and is based in Overland Park, Kansas. 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. 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. Business Wire | July 20, 2022. 7-Day Free Trial. About Victory Park Capital Advisors, LLC 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 This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. Business Wire | March 1, 2022. The assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. 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. LOUIS, MO - April 18, 2018 - 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 We are significantly eagerly anticipating the future., Because 2017, weve been on an incredible journey with Highview and the American Plastics management group to establish a nationwide leader in the market, stated Charlie Asfour, on behalf of Success Park. We greatly look forward to watching American Plastics continue to grow and flourish.. About Success Park Capital Advisors, LLC 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. American Plastics brand-new owner was not revealed in a July 20 statement, and a Highview agent might not be instantly grabbed remark. 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 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. About American Plastics, LLC All rights reserved. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. A story from the duration stated the website likewise produced shelving and carry bags under the Leader and Blue Hawk brand names for Lowes, the Husky brand name for House Depot, and Hard Box for Sams Club. 212-687-8080/415-618-8750. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. For more information, visit www.highviewcapital.com. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. Brands umbrella, primarily within the KFC and Taco Bell concepts. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. FGS Global Oculoplastic Specialist. Paul Gavaris, M.D. National Fire Acquires Absolute Fire Protection. VPC is independently held and a Registered Financial Investment Consultant with the SEC. For the previous 5 years, we have actually worked relentlessly to develop a leading existence on the planet of sustainable injection molded plastics, and were extremely pleased with all that we have actually achieved, stated Robert Guerra, CEO of American Plastics, in a Explanation. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. The new owner of the American Plastics was not revealed in a July 20 announcement, and a representative for Highview could not be immediately reached for comment. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. We wished to change this service, and the sale shows this groups dedication to that typical objective. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. Industrialists Desired Restriction On Plastic Carry Bags Lifted | Ludhiana News, Imbissbuden, denen pass away Abgabe von Einweg-Plastikbesteck untersagt ist | Schottland, Plastics in Electronic Parts: Technologies and Global Markets, Der Markt fr Hilfsgerte fr pass away Kunststoffverarbeitung soll bis 2030 einen, The injection molded plastics market is set to reach $476.46, Plastic product packaging market predicted to be worth $492.3 billion by 2030: Grand, Plastics in Electronic Parts: Technologies and Global, NOVA releases circular plastics brand name to stay up to, Plastic particles in the sea makes hermit crabs, Council Roundup: Enables safety seat assessments, soft. That Tiffin site is a former Katy Industries location. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. This is transaction in the United States. 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. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. 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 includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Dr. Gavaris is a member of the American Academy of Ophthalmology, the American Society of Oculoplastic and Reconstructive Surgeons, and was named as one of Northern Virginia's top plastic surgeons. 11755 Wilshire Blvd Suite 1400 Ochre Media Pvt Ltd., 2023. GS Foods Group is based in Carlsbad, California. Highview Capital is an opportunistic private equity investment . Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global We greatly look forward to watching American Plastics continue to grow and flourish.. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. Los Angeles, CA 90025 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 makes, imports and distributes consumer storage and commercial cleaning products. Exclusively Listed By Jeff McKinney Contact Broker Lic. Joes Jeans was formed in 2001 and is based in Los Angeles, California. 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. 212-687-8080 / 415-618-8750, https://www.businesswire.com/news/home/20220720005208/en/. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE Highview Capital was established in 2016 and is headquartered in Los Angeles, California. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. 310-201-2040, Internet Explorer presents a security risk. Contacts On July 24, 2017, private equity firm Highview Capital and mezzanine finance firm Victory Park Capital Advisors acquired plastics company American Plastics Acquisition Highlights. 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. American Plastics - Highview Capital American Plastics American Plastics is the 2nd largest designer, manufacturer, and distributor of innovative, environmentally-friendly home storage, home organization, and commercial cleaning products in the United States. . All Rights Reserved. Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. Do you have an opinion about this story? 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. Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. Together, we intended to change this company and the sale is a reflection of this groups commitment to that shared objective. 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 is the 2nd largest designer, manufacturer, and distributor of innovative, environmentally-friendly home storage, home organization, and commercial cleaning products in the United States. Sard Verbinnen & Co The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Highview Aquires WilMar, to Merge with Randall. For more details, please see www.victoryparkcapital.com. 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. We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz Your browser does not support JavaScript!. This is transaction in the Plastics sector. Thank you for your interest in publishing press release with Hospitals Management. Prior to joining Highview, Ms. Cash worked at Goldman Sachs for four years, first in the Credit Risk Group and later in the Global Industrials Group within the Investment Banking Division. American Plastics has a total of 14 manufacturing and distribution locations. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. 310.806.9780. The company was established in 2007 and is headquartered in Chicago with extra resources in New york city, Los Angeles, Austin and Miami. For more information, please visit: www.americanplasticsllc.com . 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. American Plastics is based in St. Louis, Missouri. 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 sibling business Creative Plastic Concepts and Centrex Plastics in 2018. 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