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. Do you have some thoughts you'd like to share with our readers? in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. 310-201-2040 / 212-687-8080 / 415-618-8750, 11755 Wilshire Blvd Suite 1400 For more information, please visit www.victoryparkcapital.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. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. 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. We greatly look forward to watching American Plastics continue to grow and flourish.. That Tiffin site is a former Katy Industries location. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. Do you have an opinion about this story? 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. Business Wire | March 1, 2022. Victory Park Capital Sells Portfolio Company American Plastics. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. For more details, see www.highviewcapital.com. Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. 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. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. 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. 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. This is transaction in the United States. The company focuses on the education, corrections, non-profit, business & industry, and healthcare industries, and serves more than 10,000 customers nationwide, including the delivery of 6.5 million healthy, high-quality meals to students each day. Mr. Gilbert is responsible for all aspects of the firms investment process, including the sourcing, diligence and execution of new investments. VPC is privately held and a Registered Investment Advisor with the SEC. Your browser does not support JavaScript!. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. For more information, please visit: www.americanplasticsllc.com. 310.806.9780. Plastics News covers the business of the global plastics industry. 310-201-2040, Internet Explorer presents a security risk. 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 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. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Full biographies for all Highview team members can be found at http://highviewcp.com/team/. 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. Try For Free 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. Your browser does not support JavaScript!. The assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. He holds a B.S. Highview Aquires WilMar, to Merge with Randall. 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. LOUIS, MO - April 18, 2018 - 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 American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. American Plastics is based in St. Louis, Missouri. . He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. 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. This property is not currently available for sale. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Joes Jeans was formed in 2001 and is based 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. About American Plastics, LLC For more details, please see: www.americanplasticsllc.com. About Success Park Capital Advisors, LLC 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 . A story at that time indicated the location also made shelves and totes under the Commander and Blue Hawk brands for Lowe's, the Husky brand for Home Depot and Tough Box for Sam's Club. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. About Victory Park Capital Advisors, LLC 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. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. 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. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. 2023 - Plastic Molding News. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. Highview invests in and provides strategic and operational. 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. 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. 212-687-8080/415-618-8750. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. About Victory Park Capital Advisors, LLC
For more information, please visit: www.americanplasticsllc.com. 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. We greatly look forward to watching American Plastics continue to grow and flourish.. Kapish has distinguished himself as a key leader in our diligence and monitoring efforts on those deals. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. All Rights Reserved. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. Private investment owners are selling injection molder American Plastics LLC after. We want to thank Robert Guerra, Nick Reinhart and the management group for their collaboration in growing the Business over the last 5 years., Over the previous 5 years, we have actually worked relentlessly to develop a leading existence on the planet of sustainable injection-formed plastics, and we are very pleased with all we have actually achieved, stated Robert Guerra, President and President of American Plastics. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Plastics News would love to hear from you. 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. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. Los Angeles, CA 90025 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. VPC is privately held and a Registered Investment Advisor with the SEC. Suzanne Byowitz / Anne Nisperos Hew FGS Global
Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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. Please enable javascript in your browser in order to get form work properly. 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. Ms. Cash holds a B.S. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. About Highview Capital, LLC
For more information, visit www.highviewcapital.com. GS Foods Group is based in Carlsbad, California. and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. Ochre Media Pvt Ltd., 2023. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. Investment Summary; Date: 2022-07-20: Target: American Plastics: American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. P.J. Highview Capital is an opportunistic private equity investment . American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 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. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. A representative for Victory Park indicated work over time has created a national player. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. 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 leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. 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