For more information, visit www.highviewcapital.com. Paul Gavaris, M.D. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. Business Wire | July 20, 2022. American Plastics was formed by Highview and Success Park Capital Advisors, LLC (Success Park) through the preliminary acquisition of the possessions of Katy Industries, Inc. in 2017 and the subsequent tactical merger in 2018 with Innovative Plastic Ideas and Centrex Plastics, 2 high-growth complementary companies owned by Nick Reinhart. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Private investment owners are selling injection molder American Plastics LLC after. About Victory Park Capital Advisors, LLC All Rights Reserved. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. Thank you for your interest in publishing press release with Hospitals Management. This is transaction in Missouri. About Highview Capital, LLC Ochre Media Pvt Ltd., 2023. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. P.J. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Business Wire | March 1, 2022. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. Our client success team member will get in touch with you shortly to take this ahead. Exclusively Listed By Jeff McKinney Contact Broker Lic. 7-Day Free Trial. 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. Plastics News covers the business of the global plastics industry. 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 Success Park representative mentioned that the work has actually developed a nationwide group player with time. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. 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. The business likewise makes containers for the caretaker, catering and workplace products sectors. 11755 Wilshire Blvd Suite 1400 All rights reserved. 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. Personal financiers are offering injection molder American Plastics LLC after 5 years of control. P.J. 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. Since its founding in 2016, Highview has completed 5 transactions, totaling in excess of $400 million in value. and Kapish with these promotions, and we are thrilled to add Kelly to the team. P.J. 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 . 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 Sells American Plastics. 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, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. 7-Day Free Trial. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz That Tiffin site is a former Katy Industries location. Highview Sells First Portfolio Business American Plastics. Together, we intended to change this company and the sale is a reflection of this groups commitment to that shared objective. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Do you have an opinion about this story? 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 Victory Park Capital Sells Portfolio Company American Plastics. For more information, please visit www.victoryparkcapital.com. KBP Foods was formed in 1999 and is based in Overland Park, Kansas. 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. Sard Verbinnen & Co 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. Highview was founded in 2016 and is based in . 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 markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. 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 firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 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. GS Foods Group is based in Carlsbad, California. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. 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. Business Wire | July 07, 2022. Suzanne Byowitz/Anne Nisperos Hew The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. 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 details, please see www.victoryparkcapital.com. 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. in Accounting and a Masters in Accounting from Auburn University. 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. 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. "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. Victor Park's target investment size range is $5 to $100 million. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global Try For Free 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. Investment Summary; Date: 2022-07-20: Target: American Plastics: Please enable javascript in your browser in order to get form work properly. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. Please fill the all required fields.!! To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Oculoplastic Specialist. American Plastics success is the outcome of combining 3 significant market players and driving change in collaboration with a first-rate management group. P.J. 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. 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. 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. 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. 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. The company also manufactures containers for the janitorial, food service and office products segments. American Plastics was formed by Highview and Victory Park through the initial acquisition of the assets of Katy Industries, Inc in 2017 and the merger in 2018 with Creative Plastic Concepts. 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. FGS Global American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. This is transaction in the United States. We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. Ryan McCarthy, Co-Founder of Highview, said, We are pleased to recognize both P.J. 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. All Rights Reserved. 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. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. 22104 Highview Trail Pl, Ashburn, VA 20148 is a studio, 3.5 bathroom, 3,505 sqft single-family home built in 2004. 310-201-2040, Internet Explorer presents a security risk. About Highview Capital, LLC Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! 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. The current Trulia Estimate for 22104 Highview Trail Pl is $932,200. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. This is transaction in the Plastics sector. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. For more details, please see: www.americanplasticsllc.com. Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. For more information, please visit: www.americanplasticsllc.com. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. 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. Do you have some thoughts you'd like to share with our readers? 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. 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 A representative for Victory Park indicated work over time has created a national player. American Plastics is a portfolio company of Highview Capital LLC and Victory Park Capital Advisors. 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. 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. Earlier in his career, Mr. Gilbert worked at Lightyear Capital and in investment banking at Bank of America. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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. The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. Sard Verbinnen & Co 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. While you're here, check out our informative and insightful press releases. 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. Private investment owners are selling injection molder American Plastics LLC after five years of control. American Plastics is headquartered in St. Louis and operates a national footprint of manufacturing and distribution facilities in Arizona, Ohio, Missouri, and South Carolina. 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. 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. http://www.highviewcapital.com Industries Investment Management Company size 2-10 employees Headquarters Los Angeles, California Type Privately Held Founded 2016 Locations Primary Los Angeles,. 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. 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