Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing 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. Do you have some thoughts you'd like to share with our readers? 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. Highview Capital to Acquire Bassett Creek Services. Based in St. Louis, American Plastics makes house and garage storage items, shelving systems, tool boxes and workstations that are cost retail areas. About American Plastics, LLC 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. 310.806.9780. About Highview Capital, LLC American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. 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 - 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. About Victory Park Capital Advisors, LLC The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. 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 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. 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. 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. Private investment owners are selling injection molder American Plastics LLC after. 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. For more information, please visit www.victoryparkcapital.com. About American Plastics, LLC For more details, please see www.victoryparkcapital.com. 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. For more information, please visit: www.americanplasticsllc.com. 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. Victory Park Capital Sells Portfolio Company American Plastics. Brands umbrella, primarily within the KFC and Taco Bell concepts. For more information, visit www.highviewcapital.com. Try For Free 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. 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. P.J. 22104 Highview Trail Pl, Ashburn, VA 20148 is a studio, 3.5 bathroom, 3,505 sqft single-family home built in 2004. Ochre Media Pvt Ltd., 2023. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. For more information, visit www.highviewcapital.com. Robert Guerra, who was named Katy's president and CEO last year, will lead American Plastics as president and CEO, the company said. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. About Highview Capital, LLC Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Business Wire | June 27, 2022. in Finance and Economics and minor in Public Policy & Management. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. 1155 Gratiot Avenue Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. National Fire Acquires Absolute Fire Protection. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. 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. Try For Free We are significantly eagerly anticipating the future., Because 2017, weve been on an incredible journey with Highview and the American Plastics management group to establish a nationwide leader in the market, stated Charlie Asfour, on behalf of Success Park. 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. 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. 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. 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.. 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. Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. Since its founding in 2016, Highview has completed 5 transactions, totaling in excess of $400 million in value. Since then, Highview and Victory Park have 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. About American Plastics, LLC Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. 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. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. The assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. VPC is privately held and a Registered Investment Advisor with the SEC. 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 is transaction in the United States. 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. 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. On July 24, 2017, private equity firm Highview Capital and mezzanine finance firm Victory Park Capital Advisors acquired plastics company American Plastics Acquisition Highlights. Your browser does not support JavaScript!. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. We wished to change this service, and the sale shows this groups dedication to that typical objective. VPC is independently held and a Registered Financial Investment Consultant with the SEC. A representative for Victory Park indicated work over time has created a national player. 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. We greatly look forward to watching American Plastics continue to grow and flourish.. This is transaction in the Plastics sector. and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. We greatly look forward to watching American Plastics continue to grow and flourish.. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. 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 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 operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. 11755 Wilshire Blvd Suite 1400 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. Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. 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. For more information, please visit: www.americanplasticsllc.com. 310-201-2040, Internet Explorer presents a security risk. We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. P.J. American Plastics has a total of 14 manufacturing and distribution locations. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. We greatly look forward to watching American Plastics continue to grow and flourish.. 22104 Highview Trail Pl was last sold on Oct 27, 2004 for $587,131. About Highview Capital, LLC Business Wire | July 07, 2022. Full biographies for all Highview team members can be found at http://highviewcp.com/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 Office of American Plastics. Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. 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. Suzanne Byowitz / Anne Nisperos Hew 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. 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. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. 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. 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, CA 90025 VPC is privately held and a Registered Investment Advisor with the SEC. The company was established in 2007 and is headquartered in Chicago with extra resources in New york city, Los Angeles, Austin and Miami. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. About Victory Park Capital Advisors, LLC 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. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. 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. 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. The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. 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, 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. Sard Verbinnen & Co To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 212-687-8080 / 415-618-8750, https://www.businesswire.com/news/home/20220720005208/en/. Please select at least one newsletter to subscribe. 2023 - Plastic Molding News. Business Wire | July 20, 2022. Business Wire | March 1, 2022. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew 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. FGS Global 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. Highview Capital is an opportunistic private equity investment . LOS ANGELES--(BUSINESS WIRE)--Highview Capital, LLC (Highview), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. KBP Foods was formed in 1999 and is based in Overland Park, Kansas. The current Trulia Estimate for 22104 Highview Trail Pl is $932,200. 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. Thank you for your interest in publishing press release with Hospitals Management. Gilbert said in a statement. 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. "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. Happy Surfing! 310.806.9780. Highview Sells 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. Victor Park's target investment size range is $5 to $100 million. All Rights Reserved. For more information, please visit: www.americanplasticsllc.com. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. American Plastics and Frontier Fire . GS Foods Group is based in Carlsbad, California. We greatly look forward to watching American Plastics continue to grow and flourish.. 2023 - Plastic Molding News. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. 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. Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. That Tiffin site is a former Katy Industries location. "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. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. 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 For additional information, please visit www.highviewcp.com. 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.