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. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. 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. Injection molder American Plastics gets brand-new owner. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in Missouri. 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. "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 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. About Highview Capital Highview Capital is an opportunistic private equity investment vehicle headquartered in Los Angeles,. 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. For more details, please see: www.americanplasticsllc.com. P.J. 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. 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. For more details, please see www.victoryparkcapital.com. VPC is privately held and a Registered Investment Advisor with the SEC. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. American Plastics is based in St. Louis, Missouri. Sard Verbinnen & Co document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. 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. About Victory Park Capital Advisors, LLC Highview Capital is an opportunistic private equity investment . 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. 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. 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. 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. 22104 Highview Trail Pl was last sold on Oct 27, 2004 for $587,131. 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. Exclusively Listed By Jeff McKinney Contact Broker Lic. American Plastics is a portfolio company of Highview Capital LLC and Victory Park Capital Advisors. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. 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. GS Foods Group Acquires Graves Foods. 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 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. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. P.J. We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. Private investment owners are selling injection molder American Plastics LLC after five years of control. For more information, please visit www.victoryparkcapital.com. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. Oculoplastic Specialist. Email your letter to Editor at [emailprotected]. Together, we intended to change this company and the sale is a reflection of this groups commitment to that shared objective. About American Plastics, LLC 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 Highview Capital, LLC Investment Summary; Date: 2022-07-20: Target: American Plastics: All rights reserved. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. VPC is privately held and a Registered Investment Advisor with the SEC. Copyright 2021 Victory Park Capital Advisors, LLC | All rights reserved | *Registration with the SEC does not imply a certain level of skill or training. For more information, please visit: www.americanplasticsllc.com. 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. 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. For more information, please visit: www.americanplasticsllc.com. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Try For Free The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. 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. Please enable javascript in your browser in order to get form work properly. American Plastics was formed by Highview Capital LLC (Highview) and VPC 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. Business Wire | July 20, 2022. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Off Market Homes Near 22104 Highview Trail Pl. This is transaction in the United States. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. 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. 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. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. Victor Park's target investment size range is $5 to $100 million. Our client success team member will get in touch with you shortly to take this ahead. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. 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. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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 About Highview Capital, LLC 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. P.J. Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. Victor Park's target investment size range is $5 to $100 million. 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 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. Joes Jeans was formed in 2001 and is based in Los Angeles, California. About American Plastics, LLC 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, please visit www.victoryparkcapital.com. 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. VPC is privately held and a Registered Investment Advisor with the SEC. GS Foods Group is based in Carlsbad, California. Gilbert to Principal . Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 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. For more information, visit www.highviewcapital.com. This is transaction in Missouri. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. 310-201-2040 / 212-687-8080 / 415-618-8750, 11755 Wilshire Blvd Suite 1400 The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. and Kapish with these promotions, and we are thrilled to add Kelly to the team. 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 . This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. 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. On July 24, 2017, private equity firm Highview Capital and mezzanine finance firm Victory Park Capital Advisors acquired plastics company American Plastics Acquisition Highlights. 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. Highview Sells American Plastics. About Highview Capital, LLC Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Your browser does not support JavaScript!. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. Brands umbrella, primarily within the KFC and Taco Bell concepts. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. A story at that time indicated the location also made shelves and totes under the Commander and Blue Hawk brands for Lowe's, the Husky brand for Home Depot and Tough Box for Sam's Club. Mr. Gilbert is responsible for all aspects of the firms investment process, including the sourcing, diligence and execution of new investments. 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. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. 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. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. Personal financiers are offering injection molder American Plastics LLC after 5 years of control. 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