We greatly look forward to watching American Plastics continue to grow and flourish.. 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. 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. P.J. 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 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. 212-687-8080 / 415-618-8750, https://www.businesswire.com/news/home/20220720005208/en/. 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. Suzanne Byowitz/Anne Nisperos Hew American Plastics reuses recycled material equivalent to 8 billion water bottles on an annual basis. Please fill the all required fields.!! 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," Highview Managing Director P.J. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. Ms. Cash will focus on conducting diligence of new investments and providing operational support to Highviews portfolio companies. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Ms. Cash holds a B.S. All Rights Reserved. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. STATUS: active learn more The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. For more information, visit www.highviewcapital.com. While you're here, check out our informative and insightful press releases. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Off Market Homes Near 22104 Highview Trail Pl. Suzanne Byowitz / Anne Nisperos Hew Full biographies for all Highview team members can be found at http://highviewcp.com/team/. This is transaction in Missouri. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. This property is not currently available for sale. 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. Joes Jeans was formed in 2001 and is based in Los Angeles, California. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Email your letter to Editor at [emailprotected]. P.J. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. 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. Try For Free Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. Los Angeles, CA 90025 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. Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. National Fire Acquires Absolute Fire Protection. 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 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 representative for Victory Park indicated work over time has created a national player. 310.806.9780. Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. Highview invests in and provides strategic and operational. St. Louis, Mo.-based American Plastics LLC will invest $3.5 million and hire more than 130 employees by the end of the year at its Tiffin, Ohio, injection molding plant to meet increased demand. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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. 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. RECENT TENANT COMPANY AQUISITION | In July of 2022, Highview Capital, LLC closed on the sale of American Plastics, LLC to purchaser US Merchants and Oaktree Capital. For more details, see www.highviewcapital.com. 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. Business Wire | July 20, 2022. . About Highview Capital, LLC We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. Oakam was formed in 2006 and is based in Croydon, United Kingdom. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. That Tiffin site is a former Katy Industries location. 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 current Trulia Estimate for 22104 Highview Trail Pl is $932,200. P.J. VPC is privately held and a Registered Investment Advisor with the SEC. He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. With an emphasis on incorporating technology into design, the brand creates product for men, women, and kids that is innovative and fits flawlessly. Plastics News would love to hear from you. 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. The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . KBP Foods was formed in 1999 and is based in Overland Park, Kansas. 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 Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. 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. About Victory Park Capital Advisors, LLC He holds a B.S. Highview Capital to Acquire Bassett Creek Services. GS Foods Group is based in Carlsbad, California. 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. 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. Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. About Victory Park Capital Advisors, LLC Based in St. Louis, American Plastics makes house and garage storage items, shelving systems, tool boxes and workstations that are cost retail areas. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. 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. LOS ANGELES, July 20, 2022--Highview Capital LLC ("Highview") today announced the sale of its portfolio company, American Plastics LLC, ("American Plastics" or "AP" or the "Company") a leading . Highview Capital was established in 2016 and is headquartered in Los Angeles, California. 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. For more information, please visit www.victoryparkcapital.com. Highview was founded in 2016 and is based in . 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. This is transaction in the Plastics sector. About American Plastics, 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 Office of American Plastics. 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. 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. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. "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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. American Plastics success is the outcome of combining 3 significant market players and driving change in collaboration with a first-rate management group. 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. 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. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 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. American Plastics and Frontier Fire . 2023 - Plastic Molding News. American Plastics brand-new owner was not revealed in a July 20 statement, and a Highview agent might not be instantly grabbed remark. This is transaction in the United States. About Highview Capital, LLC 310.806.9780. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. About Victory Park Capital Advisors, LLC 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. Thank you for your interest in publishing press release with Hospitals Management. The company is primed to win market share from incumbents in the UK and abroad with its digital-first model that captures the potential of smartphone technology to enhance the customer experience, drive operational efficiency, and better predict and manage risk in micro-lending. For more information, please visit: www.americanplasticsllc.com. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. Exclusively Listed By Jeff McKinney Contact Broker Lic. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. 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. 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,. Please enable javascript in your browser in order to get form work properly. We greatly look forward to watching American Plastics continue to grow and flourish.. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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