Suzanne Byowitz/Anne Nisperos Hew Off Market Homes Near 22104 Highview Trail Pl. in Accounting and a Masters in Accounting from Auburn University. 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. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. 11755 Wilshire Blvd Suite 1400 Watterson is based in Schaumburg, Illinois. 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. This property is not currently available for sale. 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 is a portfolio company of Highview Capital LLC and Victory Park Capital Advisors. For more information, please visit www.victoryparkcapital.com. We quite eagerly anticipate seeing American Plastics continue to grow and flourish, Charlie Asfour stated in a declaration. 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. About Highview Capital, LLC 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 report news, gather data and deliver timely information that provides our readers with a competitive advantage. 7-Day Free Trial. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Thank you for your interest in publishing press release with Hospitals Management. 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. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. Paul Gavaris, M.D. About Highview Capital, LLC 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. Highview Capital to Acquire Bassett Creek Services. Contacts American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. 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. The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Exclusively Listed By Jeff McKinney Contact Broker Lic. Your browser does not support JavaScript!. Ms. Cash will focus on conducting diligence of new investments and providing operational support to Highviews portfolio companies. 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 leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. 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. About American Plastics, LLC Gilbert to Principal . 310-201-2040 / 212-687-8080 / 415-618-8750, 11755 Wilshire Blvd Suite 1400 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. The business likewise makes containers for the caretaker, catering and workplace products sectors. For more details, please see www.victoryparkcapital.com. P.J.s leadership was instrumental in the execution of two of our first three platform deals, American Plastics and Frontier Fire. Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. 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 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. For more information, please visit: www.americanplasticsllc.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. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. 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. We wished to change this service, and the sale shows this groups dedication to that typical objective. American Plastics brand-new owner was not revealed in a July 20 statement, and a Highview agent might not be instantly grabbed remark. Throughout Highviews financial investment, the Business invested around $100 countless development capital to increase capability, develop extremely automated operations, and present brand-new items. Private investment owners are selling injection molder American Plastics LLC after five years of control. American Plastics is based in St. Louis, Missouri. 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. VPC is privately held and a Registered Investment Advisor with the SEC. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. 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. 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,. 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 was formed in 2007 and is headquartered in Chicago, Illinois. Ms. Cash holds a B.S. LOS ANGELES, July 20, 2022 -- ( BUSINESS WIRE )--Highview Capital LLC ("Highview") today announced the sale of its portfolio company, American Plastics LLC, ("American Plastics" or. A year ago, Highview and Chicago-based private equity firm Victory Park Capital backed St. Louis-based American Plastics' acquisition of Centrex Plastics and Creative Plastic Concepts. 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. Business Wire | July 20, 2022. The company also manufactures containers for the janitorial, food service and office products segments. Detroit MI 48207-2997, Most Interesting Social Media Accounts in Plastics, Women Breaking the Mold Networking Forum Library, Teel's Beadle named Plastics News 2022 CFO of the Year, Another study says efforts to curb plastic waste will not make its goal, Obituary: Sid Rains, machinery executive, trade association leader, MTD Micro Molding, PolySource named top workplaces for 2023, A reassessment for $2.4B battery factory in Michigan. 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. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! 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 leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. VPC is privately held and a Registered Investment Advisor with the SEC. P.J. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. 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. Plastics News would love to hear from you. 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 Capital LLC today announced the sale of its portfolio company, American Plastics LLC, a leading designer and manufacturer of innovative, sustainable home storage and commercial cleaning products. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. 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. 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. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. 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. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. 22104 Highview Trail Pl was last sold on Oct 27, 2004 for $587,131. 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. Victor Park's target investment size range is $5 to $100 million. American Plastics is a leading designer and manufacturer of innovative plastic-injection molded products for the household & garage storage and commercial cleaning end-markets. 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. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew FGS Global Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. 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. Do you have an opinion about this story? GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. This is transaction in the United States. 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 Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. P.J. Do you have some thoughts you'd like to share with our readers? 22104 Highview Trail Pl, Ashburn, VA 20148 is a studio, 3.5 bathroom, 3,505 sqft single-family home built in 2004. National Fire Acquires Absolute Fire Protection. For more information, please visit: www.americanplasticsllc.com. Highview invests in and provides strategic and operational. #BRK.2016002560 Northmarq 5749 Park Center Court Toledo, OH 43615 northmarq.com Be Notified of our Current Listings SUBSCRIBE For more information, please visit: www.americanplasticsllc.com . American Plastics reuses recycled material equivalent to 8 billion water bottles on an annual basis. Highview Aquires WilMar, to Merge with Randall. VPC is the investment manager for VPC Specialty Lending PLC. About Highview Capital, LLC 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. A Success Park representative mentioned that the work has actually developed a nationwide group player with time. This is Highview Capitals 1st and Victory Park Capital Advisors 15th transaction in the United States. 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. 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 intended to change this company and the sale is a reflection of this groups commitment to that shared objective. 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