He holds a B.S. 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. 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. Suzanne Byowitz/Anne Nisperos Hew 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. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. 2023 - Plastic Molding News. 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. VPC is privately held and a Registered Investment Advisor with the SEC. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 310.806.9780. Business Wire | July 07, 2022. Investment Summary; Date: 2022-07-20: Target: 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. 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. STATUS: realized learn more GS Foods GS Foods is a specialized food distribution company focused on institutional end markets such as K-12 education. National Fire Acquires Absolute Fire Protection. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. 1155 Gratiot Avenue Highview invests in and provides strategic and operational. This is transaction in the Plastics sector. 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. 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. 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. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. Suzanne Byowitz / Anne Nisperos Hew For more information, please visit: www.americanplasticsllc.com. Gilbert to Principal . About Highview Capital, LLC While you're here, check out our informative and insightful press releases. VPC is privately held and a Registered Investment Advisor with the SEC. 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. 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. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. We greatly look forward to watching American Plastics continue to grow and flourish.. VPC is the investment manager for VPC Specialty Lending PLC. Gilbert said in a statement. 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. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. This Tiffin area is a previous Katy Industries area. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. Highview Capital is an opportunistic private equity investment . Personal financiers are offering injection molder American Plastics LLC after 5 years of control. We greatly look forward to watching American Plastics continue to grow and flourish.. 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. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. 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. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. For more information, visit www.highviewcapital.com. For more details, see www.highviewcapital.com. and Kapish with these promotions, and we are thrilled to add Kelly to the team. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. 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. 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. Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. This is transaction in the United States. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. About American Plastics, LLC American Plastics makes, imports and distributes consumer storage and commercial cleaning products. 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. Business Wire | March 1, 2022. Highview Aquires WilMar, to Merge with Randall. 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. Ms. Cash holds a B.S. 212-687-8080/415-618-8750. For more information, visit www.highviewcapital.com. 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. 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. For more information, visit www.highviewcapital.com. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! 22104 Highview Trail Pl, Ashburn, VA 20148 is a studio, 3.5 bathroom, 3,505 sqft single-family home built in 2004. GS Foods Group is based in Carlsbad, California. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. A Success Park representative mentioned that the work has actually developed a nationwide group player with time. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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 was established in 2016 and is headquartered in Los Angeles, California. Do you have some thoughts you'd like to share with our readers? The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Personal financiers are offering injection molder American Plastics LLC after 5 years of control. Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. 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. 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. 310.806.9780. 7-Day Free Trial. 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 headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. 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. Please enable javascript in your browser in order to get form work properly. 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. Copyright 2021 Victory Park Capital Advisors, LLC | All rights reserved | *Registration with the SEC does not imply a certain level of skill or training. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. That Tiffin site is a former Katy Industries location. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Victory Park Capital Sells Portfolio Company American Plastics. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. Highview Sells First Portfolio Business American Plastics. 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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. Plastics News would love to hear from you. This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. 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.. We wished to change this service, and the sale shows this groups dedication to that typical objective. Of transformation and $ 350 million institutional end markets such as K-12 education studio, bathroom. In businesses valued between $ 50 and $ 350 million Global Highview employs a flexible. 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