For more information, please visit www.victoryparkcapital.com. Do you have an opinion about this story? 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? 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 . 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. This Tiffin area is a previous Katy Industries area. 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 Highview invests in and provides strategic and operational. 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 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. 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. 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. Ms. Cash will focus on conducting diligence of new investments and providing operational support to Highviews portfolio companies. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. This is transaction in the United States. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. The company was established in 2007 and is headquartered in Chicago with extra resources in New york city, Los Angeles, Austin and Miami. 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. 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 P.J. 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. Mr. Gilbert is responsible for all aspects of the firms investment process, including the sourcing, diligence and execution of new investments. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Oakam was formed in 2006 and is based in Croydon, United Kingdom. Try For Free Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. About Success Park Capital Advisors, LLC For more details, please see www.victoryparkcapital.com. 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. 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. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. GS Foods Group is based in Carlsbad, California. A Success Park representative mentioned that the work has actually developed a nationwide group player with time. For more information, please visit: www.americanplasticsllc.com. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. Full biographies for all Highview team members can be found at http://highviewcp.com/team/. Please fill the all required fields.!! For more information, visit www.highviewcapital.com. 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. 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. and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. . GS Foods Group Acquires Graves Foods. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. American Plastics is based in St. Louis, Missouri. For additional information, please visit www.highviewcp.com. Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. Business Wire | March 1, 2022. Watterson is based in Schaumburg, Illinois. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. VPC is the investment manager for VPC Specialty Lending PLC. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Los Angeles, CA 90025 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. A representative for Victory Park indicated work over time has created a national player. He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. About Highview Capital, LLC 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. in Finance and Economics and minor in Public Policy & Management. 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. 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. 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 and Frontier Fire . FGS Global 2023 - Plastic Molding News. 11755 Wilshire Blvd Suite 1400 212-687-8080 / 415-618-8750, https://www.businesswire.com/news/home/20220720005208/en/. 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. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! Victor Park's target investment size range is $5 to $100 million. 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 creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Your browser does not support JavaScript!. This is transaction in the Plastics sector. Paint market for non-plastic applications, India Plastic Caps & Closures Market Share, Size, Market, 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. 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. 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