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. 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. Highview Sells American Plastics. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Los Angeles, CA 90025 Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. 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. The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . STATUS: realized learn more GS Foods GS Foods is a specialized food distribution company focused on institutional end markets such as K-12 education. 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. 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. 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 is based in St. Louis, Missouri. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. 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. VPC is privately held and a Registered Investment Advisor with the SEC. 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. Victor Park's target investment size range is $5 to $100 million. Sard Verbinnen & Co
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,. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. On July 24, 2017, private equity firm Highview Capital and mezzanine finance firm Victory Park Capital Advisors acquired plastics company American Plastics Acquisition Highlights. 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. All Rights Reserved. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Thank you for your interest in publishing press release with Hospitals Management. and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 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 headquartered in St. Louis and runs a nationwide footprint of production and circulation centers in Arizona, Ohio, Missouri, and South Carolina. 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. 310-201-2040 / 212-687-8080 / 415-618-8750, 11755 Wilshire Blvd Suite 1400 About Highview Capital, LLC KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. Do you have an opinion about this story? American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Since its founding in 2016, Highview has completed 5 transactions, totaling in excess of $400 million in value. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. P.J. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. We greatly look forward to watching American Plastics continue to grow and flourish.. American Plastics reuses recycled material equivalent to 8 billion water bottles on an annual basis. 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. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. 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. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew
For more information, please visit www.victoryparkcapital.com. 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. in Accounting and a Masters in Accounting from Auburn University. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. Private investment owners are selling injection molder American Plastics LLC after. This is transaction in Missouri. About Victory Park Capital Advisors, LLC For more information, please visit: www.americanplasticsllc.com. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. 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. Email your letter to Editor at [emailprotected]. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. 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. P.J. He holds a B.S. 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. 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. 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. Based in St. Louis, American Plastics makes house and garage storage items, shelving systems, tool boxes and workstations that are cost retail areas. VPC is privately held and a Registered Investment Advisor with the SEC. Victor Park's target investment size range is $5 to $100 million. Please fill the all required fields.!! Business Wire | July 20, 2022. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. VPC is privately held and a Registered Investment Advisor with the SEC. For more information, please visit: www.americanplasticsllc.com. LOS ANGELES--(BUSINESS WIRE)--Highview Capital, LLC (Highview), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. VPC is privately held and a Registered Investment Advisor with the SEC. 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. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. About Victory Park Capital Advisors, LLC
Do you have some thoughts you'd like to share with our readers? Please enable javascript in your browser in order to get form work properly. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. VPC is independently held and a Registered Financial Investment Consultant with the SEC. Gilbert to Principal . We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. 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. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. 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. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Highview was founded in 2016 and is based in . About American Plastics, LLC 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. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. 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. 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. 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. While you're here, check out our informative and insightful press releases. Watterson is based in Schaumburg, Illinois. 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. For more information, visit www.highviewcapital.com. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Suzanne Byowitz/Anne Nisperos Hew
Brands umbrella, primarily within the KFC and Taco Bell concepts. 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. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. About Highview Capital, LLC Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. 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. About American Plastics, LLC Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. Contacts
Investment Summary; Date: 2022-07-20: Target: American Plastics: The company was established in 2007 and is headquartered in Chicago with extra resources in New york city, Los Angeles, Austin and Miami. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. The current Trulia Estimate for 22104 Highview Trail Pl is $932,200. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. We greatly look forward to watching American Plastics continue to grow and flourish.. 1155 Gratiot Avenue Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. 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