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. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 310.806.9780. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. Please fill the all required fields.!! 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. About Highview Capital, LLC Business Wire | March 1, 2022. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. Kapish has distinguished himself as a key leader in our diligence and monitoring efforts on those deals. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Plastics News would love to hear from you. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. 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. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. For more information, visit www.highviewcapital.com. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. This Tiffin area is a previous Katy Industries area. This is Highview Capitals 1st and Victory Park Capital Advisors 1st transaction in the Plastics sector. For more information, please visit www.victoryparkcapital.com. National Fire Acquires Absolute Fire Protection. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. VPC is privately held and a Registered Investment Advisor with the SEC. 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. Sard Verbinnen & Co Ms. Cash holds a B.S. The Firm generally looks to provide funding to 'sound' companies in need of liquidity and/or restructuring. 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. Despite the growing digital disruption in financial services, dominant players in the micro-lending sector have been slower to innovate. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. All Rights Reserved. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. Private investment owners are selling injection molder American Plastics LLC after. 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 American Plastics, LLC Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. 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. Paul Gavaris, M.D. Gilbert to Principal . For more information, please visit www.victoryparkcapital.com. Mr. Haldia previously served as an Investment Banking Analyst at Citigroups Industrials Group. 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 - 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. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. 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 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. Happy Surfing! The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . 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. Highview Aquires WilMar, to Merge with Randall. American Plastics is a manufacturer, importer, and distributor of commercial cleaning and consumer storage products. Full biographies for all Highview team members can be found at http://highviewcp.com/team/. About Highview Capital, LLC Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. Watterson is based in Schaumburg, Illinois. On July 20, 2022, invested in plastics company American Plastics from Highview Capital and Victory Park Capital Advisors Investment Highlights. American Plastics has a total of 14 manufacturing and distribution locations. 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. Based in St. Louis, American Plastics makes house and garage storage items, shelving systems, tool boxes and workstations that are cost retail areas. About Victory Park Capital Advisors, LLC Katy had 300 employees as of Dec. 31 and six manufacturing and distribution facilities. 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. 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. Your browser does not support JavaScript!. A Success Park representative mentioned that the work has actually developed a nationwide group player with time. American Plastics has an overall of 14 production and sales areas. American Plastics is a leading designer and maker of ingenious plastic-injection molded items for the home & garage storage and business cleansing end-markets. 7-Day Free Trial. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. LOS ANGELES--(BUSINESS WIRE)--Highview Capital, LLC (Highview), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. in Accounting and a Masters in Accounting from Auburn University. For more information, please visit: www.americanplasticsllc.com. A representative for Victory Park indicated work over time has created a national player. Alyssa Lorenzo / Suzanne Byowitz / Anne Nisperos Hew 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. Sectors of interest include business services, chemicals, distribution, energy, healthcare, manufacturing, packaging, retail/consumer, technology, media, and communications. For additional information, please visit www.highviewcp.com. American Plastics is based in St. Louis, Missouri. Plastics News covers the business of the global plastics industry. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate. 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, 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. The companys distinguished offerings utilize a comprehensive network of market relationships, disciplined offer origination, innovative funding abilities, broad credit structuring and unique circumstances proficiency. We greatly look forward to watching American Plastics continue to grow and flourish.. P.J. Sard Verbinnen & Co Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. 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 information, please visit www.victoryparkcapital.com. Email your letter to Editor at [emailprotected]. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Oakam was formed in 2006 and is based in Croydon, United Kingdom. About Success Park Capital Advisors, LLC 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. Highview Capital, LLC ("Highview"), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. 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. 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. 1, 2022, invested in Plastics company american Plastics is a reflection this. A Success Park representative mentioned that the work has actually developed a nationwide Group player time. 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