Personal financiers are offering injection molder American Plastics LLC after 5 years of control. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. 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. 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. 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 leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. We greatly look forward to watching American Plastics continue to grow and flourish.. Gilbert to Principal . About American Plastics, LLC P.J.s leadership was instrumental in the execution of two of our first three platform deals, American Plastics and Frontier Fire. GS Foods Group is based in Carlsbad, California. 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. 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 . 1155 Gratiot Avenue Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. For more information, visit www.highviewcapital.com. American Plastics is headquartered in St. Louis and runs a nationwide footprint of production and circulation centers in Arizona, Ohio, Missouri, and South Carolina. This is transaction in the Plastics sector. He holds a B.S. Mr. Gilbert is responsible for all aspects of the firms investment process, including the sourcing, diligence and execution of new investments. 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. American Plastics has a total of 14 manufacturing and distribution locations. VPC is privately held and a Registered Investment Advisor with the SEC. Private investment owners are selling injection molder American Plastics LLC after. Highview Capital LLC built American Plastics with partner Victory Park Capital Advisors LLC, starting with the 2017 purchase of Katy Industries Inc. and a subsequent 2018 merger with sister companies Creative Plastic Concepts and Centrex Plastics. The current Trulia Estimate for 22104 Highview Trail Pl is $932,200. VPC is privately held and a Registered Investment Advisor with the SEC. Highview Sells First Portfolio Business 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 90025 Oakam was formed in 2006 and is based in Croydon, United Kingdom. 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. A Success Park representative mentioned that the work has actually developed a nationwide group player with time. For more details, please see www.victoryparkcapital.com. About Highview Capital, LLC document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Highview Capital to Acquire Bassett Creek Services. All Rights Reserved. For more information, please visit www.victoryparkcapital.com. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 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. Victor Park's target investment size range is $5 to $100 million. 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. 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. We greatly look forward to watching American Plastics continue to grow and flourish.. For more information, please visit: www.americanplasticsllc.com. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. 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American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. Do you have some thoughts you'd like to share with our readers? 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. On July 24, 2017, private equity firm Highview Capital and mezzanine finance firm Victory Park Capital Advisors acquired plastics company American Plastics Acquisition Highlights. About Success Park Capital Advisors, LLC Highview Capital was established in 2016 and is headquartered in Los Angeles, California. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew Off Market Homes Near 22104 Highview Trail Pl. 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 Sells American Plastics. 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. Sard Verbinnen & Co 310-201-2040, Internet Explorer presents a security risk. 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. STATUS: realized learn more GS Foods GS Foods is a specialized food distribution company focused on institutional end markets such as K-12 education. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. 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. GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. 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. American Plastics is a portfolio company of Highview Capital LLC and Victory Park Capital Advisors. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. About Highview Capital, LLC Ochre Media Pvt Ltd., 2023. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. 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. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. 2023 - Plastic Molding News. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. 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. Private investment owners are selling injection molder American Plastics LLC after five years of control. The business likewise makes containers for the caretaker, catering and workplace products sectors. Alyssa Lorenzo / Hayley Fahey / Suzanne Byowitz For more details, see www.highviewcapital.com. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. FGS Global 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. 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. and Kapish with these promotions, and we are thrilled to add Kelly to the team. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.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. Investment Summary; Date: 2022-07-20: Target: American Plastics: Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. About Highview Capital, LLC Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. Business Wire | June 27, 2022. About American Plastics, LLC The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. 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.. Mr. Haldia is responsible for diligence of new investments, in addition to providing operational support to management teams across the firms portfolio. American Plastics reuses recycled material equivalent to 8 billion water bottles on an annual basis. P.J. Highview was founded in 2016 and is based in . Kapish has distinguished himself as a key leader in our diligence and monitoring efforts on those deals. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 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 is transaction in the United States. He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global Highview invests in and provides strategic and operational. Business Wire | July 20, 2022. This is transaction in the United States. This capital expense laid the structure for the Businesss end-to-end abilities in the style and manufacture of exclusive items for the house storage and business cleansing end-markets, which serve a lineup of blue-chip consumers. in Finance and Economics and minor in Public Policy & Management. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Ryan McCarthy, Co-Founder of Highview, said, We are pleased to recognize both P.J. 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. We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. 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. 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. 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. 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. American Plastics LLC molds storage boxes, shelves and other housewares sold at retailers across the U.S. 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. About Victory Park Capital Advisors, LLC 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. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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 invests in and provides strategic and operational resources to middle-market businesses at an inflection point. 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. 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. Highview Aquires WilMar, to Merge with Randall. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. 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. This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. 22104 Highview Trail Pl, please visit: www.americanplasticsllc.com to that shared goal and a Registered Advisor. 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