310-201-2040 / 212-687-8080 / 415-618-8750, 11755 Wilshire Blvd Suite 1400 A mix of freshly carried out advanced innovations and a restored concentrate on our core storage consumers led AP to a real management position in the market. KBP Foods was formed in 1999 and is based in Overland Park, Kansas. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. 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 . He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. We greatly look forward to watching American Plastics continue to grow and flourish.. 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 Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. 11755 Wilshire Blvd Suite 1400 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. 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. 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. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. Since its founding in 2016, Highview has completed 5 transactions, totaling in excess of $400 million in value. 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. On July 24, 2017, private equity firm Highview Capital and mezzanine finance firm Victory Park Capital Advisors acquired plastics company American Plastics Acquisition Highlights. This Tiffin area is a previous Katy Industries area. 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. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz Business Wire | July 20, 2022. "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. VPC is independently held and a Registered Financial Investment Consultant with the SEC. We wished to change this service, and the sale shows this groups dedication to that typical objective. Gilbert to Principal . Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. 7-Day Free Trial. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. 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. 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, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. This is transaction in the United States. 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. Do you have an opinion about this story? Suzanne Byowitz / Anne Nisperos Hew Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. Mr. Haldia is responsible for diligence of new investments, in addition to providing operational support to management teams across the firms portfolio. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. 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 the 2nd largest designer, manufacturer, and distributor of innovative, environmentally-friendly home storage, home organization, and commercial cleaning products in the United States. American Plastics is headquartered in St. Louis and runs a nationwide footprint of production and circulation centers in Arizona, Ohio, Missouri, and South Carolina. Paul Gavaris, M.D. 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. 212-687-8080 / 415-618-8750, https://www.businesswire.com/news/home/20220720005208/en/. 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. 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. 310.806.9780. 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. P.J. 310-201-2040, Internet Explorer presents a security risk. Los Angeles, CA 90025 Highview invests in and provides strategic and operational. LOS ANGELES--(BUSINESS WIRE)--Highview Capital, LLC (Highview), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. 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. Get the latest Pittsburgh local news, breaking news, sports, entertainment, weather and traffic, as well as national and international news, from the Pulitzer Prize-winning staff of the Pittsburgh Post-Gazette. For additional information, please visit www.highviewcp.com. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. American Plastics and Frontier Fire . The assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Victor Park's target investment size range is $5 to $100 million. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. About American Plastics, LLC Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. For more information, please visit: www.americanplasticsllc.com . 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. Contacts 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. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. Business Wire | June 27, 2022. 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. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. . 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. 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. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. P.J. Highview Capital is an opportunistic private equity investment . All Rights Reserved. A representative for Victory Park indicated work over time has created a national player. 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. Victor Park's target investment size range is $5 to $100 million. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. American Plastics has a total of 14 manufacturing and distribution locations. Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. Please enable javascript in your browser in order to get form work properly. 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 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. Suzanne Byowitz/Anne Nisperos Hew Paint market for non-plastic applications, India Plastic Caps & Closures Market Share, Size, Market, 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. P.J. 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. Private investment owners are selling injection molder American Plastics LLC after five years of control. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE 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 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 firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. and Kapish with these promotions, and we are thrilled to add Kelly to the team. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Please select at least one newsletter to subscribe. 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. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. 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. 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. American Plastics success is the outcome of combining 3 significant market players and driving change in collaboration with a first-rate management group. With an emphasis on incorporating technology into design, the brand creates product for men, women, and kids that is innovative and fits flawlessly. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. About Victory Park Capital Advisors, LLC VPC is privately held and a Registered Investment Advisor with the SEC. 2023 - Plastic Molding News. This is transaction in Missouri. 2023 - Plastic Molding News. For more information, please visit: www.americanplasticsllc.com. Highview Aquires WilMar, to Merge with Randall. For more information, please visit: www.americanplasticsllc.com. 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 is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. 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 to Acquire Bassett Creek Services. Investment Summary; Date: 2022-07-20: Target: American Plastics: 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. 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. Your browser does not support JavaScript!. This is transaction in the United States. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. We greatly look forward to watching American Plastics continue to grow and flourish.. About Victory Park Capital Advisors, LLC VPC is the investment manager for VPC Specialty Lending PLC. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. 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 is a portfolio company of Highview Capital LLC and Victory Park Capital Advisors. For more information, please visit www.victoryparkcapital.com. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. For more information, visit www.highviewcapital.com. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. 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. For more information, please visit www.victoryparkcapital.com. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. 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. 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. Try For Free The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . 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. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. We greatly look forward to watching American Plastics continue to grow and flourish.. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. Thank you for your interest in publishing press release with Hospitals Management. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. 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. Highview Capital LLC today announced the sale of its portfolio company, American Plastics LLC, a leading designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. Sard Verbinnen & Co 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. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. We greatly look forward to watching American Plastics continue to grow and flourish.. 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. in Finance and Economics and minor in Public Policy & Management. About American Plastics, LLC The current Trulia Estimate for 22104 Highview Trail Pl is $932,200. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. Exclusively Listed By Jeff McKinney Contact Broker Lic. Sard Verbinnen & Co American Plastics is based in St. Louis, Missouri. LOS ANGELES--(BUSINESS WIRE)--Highview Capital LLC ("Highview") today announced the sale of its portfolio company, American Plastics LLC, ("American Plastics" or "AP" or the. 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 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. This property is not currently available for sale. 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. 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. 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. Robert Guerra, who was named Katy's president and CEO last year, will lead American Plastics as president and CEO, the company said. Brands umbrella, primarily within the KFC and Taco Bell concepts. All rights reserved. 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,. Personal financiers are offering injection molder American Plastics LLC after 5 years of control. "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. Our client success team member will get in touch with you shortly to take this ahead. 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. To emerging and developed companies in need of liquidity and/or restructuring Public Policy &.... 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