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. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. The company focuses on the education, corrections, non-profit, business & industry, and healthcare industries, and serves more than 10,000 customers nationwide, including the delivery of 6.5 million healthy, high-quality meals to students each day. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. Victory Park Capital Advisors was formed in 2007 and is headquartered in Chicago, Illinois. Please select at least one newsletter to subscribe. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. "We aimed to transform this business and the sale is a reflection of this group's dedication to that shared goal. For more information, please visit www.victoryparkcapital.com. 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. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. 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. Los Angeles, CA 90025 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. Business Wire | June 27, 2022. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. Gilbert said in a statement. 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. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. 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. About Success Park Capital Advisors, LLC #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE This is transaction in Missouri. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. For more information, please visit: www.americanplasticsllc.com. Highview was founded in 2016 and is based in . Staying current is easy with Plastics News delivered straight to your inbox, free of charge. 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. For more details, please see: www.americanplasticsllc.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. 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 . American Plastics is based in St. Louis, Missouri. 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. Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. Private investment owners are selling injection molder American Plastics LLC after five years of control. 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 Paul Gavaris, M.D. GS Foods Group Acquires Graves Foods. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Plastics News covers the business of the global plastics industry. 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. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. For more information, please visit: www.americanplasticsllc.com. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. About Highview Capital, LLC Highview Capital is a private equity firm focused on acquiring and investing in companies facing an inflection point. 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 based in St. Louis, Missouri. We significantly eagerly anticipate enjoying American Plastics continue to grow and grow.. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. About Highview Capital Highview Capital is an opportunistic private equity investment vehicle headquartered in Los Angeles,. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. 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 is headquartered in St. Louis and runs a nationwide footprint of production and circulation centers in Arizona, Ohio, Missouri, and South Carolina. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. Business Wire | March 1, 2022. FGS Global 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. P.J. 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. About Victory Park Capital Advisors, LLC "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. in Economics and an M.B.A. from the Wharton School at the University of Pennsylvania. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. For more details, please see www.victoryparkcapital.com. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. About Highview Capital, LLC 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. 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. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. For more information, please visit: www.americanplasticsllc.com. 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. 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 . He serves on the Boards of Highview portfolio companies American Plastics and Frontier Fire Protection. 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 assets will be consolidated under a newly formed holding company owned by Highview and VPC, named American Plastics, LLC. 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. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. GS Foods Group is based in Carlsbad, California. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. Gilbert to Principal . American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. This Tiffin area is a previous Katy Industries area. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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,. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. 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. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. Please enable javascript in your browser in order to get form work properly. 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. Happy Surfing! 2023 - Plastic Molding News. 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.. 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. 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