Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. in Finance and Economics and minor in Public Policy & Management. Off Market Homes Near 22104 Highview Trail Pl. Investment Summary; Date: 2022-07-20: Target: American Plastics: KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! VPC is privately held and a Registered Investment Advisor with the SEC. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. 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. Do you have some thoughts you'd like to share with our readers? Highview Capital is an opportunistic private equity investment . VPC is privately held and a Registered Investment Advisor with the SEC. 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. Email your letter to Editor at [emailprotected]. Your browser does not support JavaScript!. For more information, please visit www.victoryparkcapital.com. Highview, Victory Park adds on two companies to American Plastics platform American Plastics, backed by Highview Capital and Victory Park Capital Advisors, acquired Centrex Plastics and Creative Plastic Concepts. Los Angeles, CA 90025 Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 310.806.9780. For more information, visit www.highviewcapital.com. P.J. 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. Business Wire | March 1, 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 designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. 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. Plastics News would love to hear from you. 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. Try For Free American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. 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. This Tiffin area is a previous Katy Industries area. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . Do you have an opinion about this story? Victor Park's target investment size range is $5 to $100 million. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. Gilbert said in a statement. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Please enable javascript in your browser in order to get form work properly. American Plastics and Frontier Fire . 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. 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. Private investment owners are selling injection molder American Plastics LLC after five years of control. 7-Day Free Trial. 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. 2023 - Plastic Molding News. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Your browser does not support JavaScript!. Victor Park's target investment size range is $5 to $100 million. All Rights Reserved. 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. About American Plastics, LLC American Plastics has a total of 14 manufacturing and distribution locations. 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. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. 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. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. Oakam was formed in 2006 and is based in Croydon, United Kingdom. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. 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. Please fill the all required fields.!! 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. Contacts The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. 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. Plastics News covers the business of the global plastics industry. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. About Highview Capital, LLC Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. 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 and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. Highview invests in and provides strategic and operational resources to middle-market businesses at an inflection point. Highview was founded in 2016 and is based in . The facility was operated by the former Katy Industries Inc., which emerged from bankruptcy in 2018 as American Plastics and is now owned by the private equity firms Highview Capital LLC and . 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. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. 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. Ochre Media Pvt Ltd., 2023. P.J. Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew Since its founding in 2016, Highview has completed 5 transactions, totaling in excess of $400 million in value. About Success Park Capital Advisors, LLC We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. The company also manufactures containers for the janitorial, food service and office products segments. We greatly look forward to watching American Plastics continue to grow and flourish.. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. 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. For more information, visit www.highviewcapital.com. For more information, please visit www.victoryparkcapital.com. About Victory Park Capital Advisors, LLC About Victory Park Capital Advisors, LLC Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. 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 Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. 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. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. 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 Sells Portfolio Company American Plastics. 212-687-8080/415-618-8750. TIFFIN, OHIO - September 24, 2019 - American Plastics, a premier plastic injection molding company located just south of Tiffin, Ohio, has announced that it will be investing a total of $3.5 million and hiring more than 130 workers by the end of 2019.. 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. . Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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. STATUS: realized learn more GS Foods GS Foods is a specialized food distribution company focused on institutional end markets such as K-12 education. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Sard Verbinnen & Co 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. Mr. Haldia is responsible for diligence of new investments, in addition to providing operational support to management teams across the firms portfolio. For more information, please visit www.victoryparkcapital.com. Gilbert to Principal . That Tiffin site is a former Katy Industries location. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. The new owner of the American Plastics was not revealed in a July 20 announcement, and a representative for Highview could not be immediately reached for comment. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. The sale is a manufacturer, importer, and Fundamentals banners and distributor of commercial cleaning and consumer storage.. 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