highview capital american plastics

American Plastics and Frontier Fire . 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. 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. P.J.s leadership was instrumental in the execution of two of our first three platform deals, American Plastics and Frontier Fire. For more information, please visit: www.americanplasticsllc.com. It offers denim, apparel, and accessories and is available at premium department stores in the United States, at specialty boutiques globally, 10 Joes Jeans stores, and at the digital flagship www.joesjeans.com. 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. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. LOS ANGELES, July 20, 2022 -- ( BUSINESS WIRE )--Highview Capital LLC ("Highview") today announced the sale of its portfolio company, American Plastics LLC, ("American Plastics" or. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz This is transaction in the United States. 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 was established in 2016 and is headquartered in Los Angeles, California. 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. American Plastics brand-new owner was not revealed in a July 20 statement, and a Highview agent might not be instantly grabbed remark. For more details, please see: www.americanplasticsllc.com. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Victor Park's target investment size range is $5 to $100 million. 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. He holds a B.S. 310-201-2040, Internet Explorer presents a security risk. 1155 Gratiot Avenue . A Success Park representative mentioned that the work has actually developed a nationwide group player with time. Ms. Cash holds a B.S. Exclusively Listed By Jeff McKinney Contact Broker Lic. 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. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. All Rights Reserved. For more details, see www.highviewcapital.com. National Fire Acquires Absolute Fire Protection. About Victory Park Capital Advisors, LLC document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. Do you have some thoughts you'd like to share with our readers? American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. Please fill the all required fields.!! 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. About Highview Capital Highview Capital is an opportunistic private equity investment vehicle headquartered in Los Angeles,. VPC is privately held and a Registered Investment Advisor with the SEC. P.J. Watterson provides facility management, environmental and emergency and disaster response services to a national base 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. Private investment owners are selling injection molder American Plastics LLC after. Investment Summary; Date: 2022-07-20: Target: American Plastics: 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. 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, 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Contacts Highview Capital was established in 2016 and is headquartered in Los Angeles, California. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. That Tiffin site is a former Katy Industries location. Highview was founded in 2016 and is based in . Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Suzanne Byowitz/Anne Nisperos Hew Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. 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 has an overall of 14 production and sales areas. GS Foods Group Acquires Graves Foods. Suzanne Byowitz / Anne Nisperos Hew This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. Victory Park Capital Sells Portfolio Company American Plastics. 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. 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 the investment manager for VPC Specialty Lending PLC. STATUS: realized learn more GS Foods GS Foods is a specialized food distribution company focused on institutional end markets such as K-12 education. 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. Business Wire | March 1, 2022. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. Try For Free Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. 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. Business Wire | June 27, 2022. 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. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. 7-Day Free Trial. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Personal financiers are offering injection molder American Plastics LLC after 5 years of control. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. Business Wire | July 20, 2022. 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. American Plastics has a total of 14 manufacturing and distribution locations. P.J. This is transaction in the United States. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. For more information, please visit www.victoryparkcapital.com. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. For more information, please visit: www.americanplasticsllc.com. The company also manufactures containers for the janitorial, food service and office products segments. 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. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. 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. Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. 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. and Kapish with these promotions, and we are thrilled to add Kelly to the team. The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . About Highview Capital, LLC Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. 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 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. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. 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. This is transaction in the Plastics sector. 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. 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. , invested in Plastics company American Plastics continue to grow and flourish ''! 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