Highview Sells American Plastics. Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. STATUS: active learn more Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. Watterson is based in Schaumburg, Illinois. 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. 7-Day Free Trial. P.J. He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. Please enable javascript in your browser in order to get form work properly. 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. 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. Try For Free 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, 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. 310-201-2040 / 212-687-8080 / 415-618-8750, 11755 Wilshire Blvd Suite 1400 About Victory Park Capital Advisors, LLC We greatly look forward to watching American Plastics continue to grow and flourish.. P.J. That Tiffin site is a former Katy Industries location. About Victory Park Capital Advisors, LLC Please select at least one newsletter to subscribe. 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. Success Park Capital is an international alternative financial investment company that supplies capital to emerging and developed companies in the U.S. and abroad. Gilbert said in a statement. 212-687-8080/415-618-8750. Happy Surfing! 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. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. American Plastics has an overall of 14 production and sales areas. Based in St. Louis, American Plastics makes house and garage storage items, shelving systems, tool boxes and workstations that are cost retail areas. 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. Contacts 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 details, see www.highviewcapital.com. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. 310-201-2040, Internet Explorer presents a security risk. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Injection molder American Plastics gets brand-new owner. LOUIS--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 ("Centrex") and On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. 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 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. For more information, please visit: www.americanplasticsllc.com. Oculoplastic Specialist. Sard Verbinnen & Co We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. 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. Full biographies for all Highview team members can be found at http://highviewcp.com/team/. 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 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. American Plastics has a total of 14 manufacturing and distribution locations. Do you have an opinion about this story? 2023 - Plastic Molding News. P.J. Plastics News covers the business of the global plastics industry. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. 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. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. LOS ANGELES--(BUSINESS WIRE)--Highview Capital, LLC (Highview), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. We wished to change this service, and the sale shows this groups dedication to that typical objective. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! 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. While you're here, check out our informative and insightful press releases. 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. 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. 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 was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. Gilbert to Principal . We greatly look forward to watching American Plastics continue to grow and flourish.. For more details, please see: www.americanplasticsllc.com. P.J. About Highview Capital, LLC Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. KBP Foods was formed in 1999 and is based in Overland Park, Kansas. 1155 Gratiot Avenue About American Plastics, LLC This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. The assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Robert Guerra, who was named Katy's president and CEO last year, will lead American Plastics as president and CEO, the company said. Off Market Homes Near 22104 Highview Trail Pl. About Highview Capital, LLC Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. VPC is privately held and a Registered Investment Advisor with the SEC. 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. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. We greatly look forward to watching American Plastics continue to grow and flourish.. 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 leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. 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. American Plastics brand-new owner was not revealed in a July 20 statement, and a Highview agent might not be instantly grabbed remark. 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. Highview was founded in 2016 and is based in . 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. Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. 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. 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. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. 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. This is transaction in the United States. Mr. Gilbert is responsible for all aspects of the firms investment process, including the sourcing, diligence and execution of new investments. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE 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. and Kapish with these promotions, and we are thrilled to add Kelly to the team. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. American Plastics is a portfolio company of Highview Capital LLC and Victory Park Capital Advisors. Suzanne Byowitz/Anne Nisperos Hew 22104 Highview Trail Pl, Ashburn, VA 20148 is a studio, 3.5 bathroom, 3,505 sqft single-family home built in 2004. For more information, visit www.highviewcapital.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global 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. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. 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. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. P.J. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. 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