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. This capital expense laid the structure for the Businesss end-to-end abilities in the style and manufacture of exclusive items for the house storage and business cleansing end-markets, which serve a lineup of blue-chip consumers. 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 was formed by Highview and Victory Park through the initial acquisition of the assets of Katy Industries, Inc in 2017 and the merger in 2018 with Creative Plastic Concepts. Private investment owners are selling injection molder American Plastics LLC after. FGS Global 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. Oakam was formed in 2006 and is based in Croydon, United Kingdom. Gilbert, Handling Director at Highview and Chairman of American Plastics, commented: American Plastics success is the outcome of combining 3 scale market players and driving an improvement in collaboration with a superior management group. GS Foods Group Acquires Graves Foods. 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. Gilbert to Principal . Our client success team member will get in touch with you shortly to take this ahead. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. Ms. Cash will focus on conducting diligence of new investments and providing operational support to Highviews portfolio companies. 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. 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. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. Thank you for your interest in publishing press release with Hospitals Management. Business Wire | March 1, 2022. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in 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. 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. "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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Try For Free American Plastics has an overall of 14 production and sales areas. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 7-Day Free Trial. 212-687-8080/415-618-8750. "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. Off Market Homes Near 22104 Highview Trail Pl. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. 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. 2023 - Plastic Molding News. 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.. Injection molder American Plastics gets brand-new owner. 1155 Gratiot Avenue 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. For additional information, please visit www.highviewcp.com. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Los Angeles, CA 90025 Highview Capital LLC built American Plastics with partner Victory Park Capital Advisors LLC, starting with the 2017 purchase of Katy Industries Inc. and a subsequent 2018 merger with sister companies Creative Plastic Concepts and Centrex Plastics. We greatly look forward to watching American Plastics continue to grow and flourish.. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. About Victory Park Capital Advisors, LLC A Success Park representative mentioned that the work has actually developed a nationwide group player with time. Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. 2023 - Plastic Molding News. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. 7-Day Free Trial. Email your letter to Editor at [emailprotected]. Highview Capital to Acquire Bassett Creek Services. Plastics News would love to hear from you. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. Joes Jeans was formed in 2001 and is based in Los Angeles, California. American Plastics has a total of 14 manufacturing and distribution locations. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. 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. For more information, please visit www.victoryparkcapital.com. American Plastics and Frontier Fire . This is transaction in the Plastics sector. 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 . Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz American Plastics was formed by Highview and Success Park Capital Advisors, LLC (Success Park) through the preliminary acquisition of the possessions of Katy Industries, Inc. in 2017 and the subsequent tactical merger in 2018 with Innovative Plastic Ideas and Centrex Plastics, 2 high-growth complementary companies owned by Nick Reinhart. Highview invests in and provides strategic and operational. 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 transaction in the Plastics sector. Over the course of Highviews investment, the Company invested approximately $100 million of growth capital to increase capacity, create highly automated operations, and introduce new products. For more information, please visit www.victoryparkcapital.com. He holds a B.S. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. 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. Private investment owners are selling injection molder American Plastics LLC after five years of control. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. Brands umbrella, primarily within the KFC and Taco Bell concepts. P.J. 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. . #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE American Plastics is based in St. Louis, Missouri. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. A year ago, Highview and Chicago-based private equity firm Victory Park Capital backed St. Louis-based American Plastics' acquisition of Centrex Plastics and Creative Plastic Concepts. Highview Aquires WilMar, to Merge with Randall. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. Investment Summary; Date: 2022-07-20: Target: American Plastics: Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. American Plastics is headquartered in St. Louis and runs a nationwide footprint of production and circulation centers in Arizona, Ohio, Missouri, and South Carolina. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. Please enable javascript in your browser in order to get form work properly. American Plastics reuses recycled material equivalent to 8 billion water bottles on an annual basis. Gilbert said in a statement. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. This property is not currently available for sale. Ms. Cash holds a B.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. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 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. 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. While you're here, check out our informative and insightful press releases. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! 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(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. Over the course of Highviews investment, the Company invested approximately $100 million of growth capital to increase capacity, create highly automated operations, and introduce new products. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. in Finance and Economics and minor in Public Policy & Management. The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . 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. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. VPC is privately held and a Registered Investment Advisor with the SEC. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. American Plastics success is the outcome of combining 3 significant market players and driving change in collaboration with a first-rate management group. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. 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