Monday, Victory Park and Los Angeles-based Highview Capital LLC said they completed the acquisition of Katy's assets. The fund is backed by patient capital from a single source, allowing it to take a long-term perspective. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles, Austin and Miami. This property is not currently available for sale. Copyright 2021 Victory Park Capital Advisors, LLC | All rights reserved | *Registration with the SEC does not imply a certain level of skill or training. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. in Accounting and a Masters in Accounting from Auburn University. American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said. We greatly look forward to watching American Plastics continue to grow and flourish.. Ms. Cash holds a B.S. 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. National Fire Acquires Absolute Fire Protection. View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005208/en/, FGS Global 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 report news, gather data and deliver timely information that provides our readers with a competitive advantage. 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.. Alyssa Lorenzo / 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. 212-687-8080/415-618-8750. This includes healthy companies where management is looking to achieve liquidity, companies in need of operating improvements, and companies in transition or distress. Please enable javascript in your browser in order to get form work properly. 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. VPC is privately held and a Registered Investment Advisor with the SEC. American Plastics markets its branded products under the Continental Commercial Products, Contico, Wilen, and Fundamentals banners. Sard Verbinnen & Co The new investment and job creation is due to both the acquisition of the former Katy Industries facility by Highview Capital in 2018 and . Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Robert Guerra, who was named Katy's president and CEO last year, will lead American Plastics as president and CEO, 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. For more details, see www.highviewcapital.com. 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. Our client success team member will get in touch with you shortly to take this ahead. The firms differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. 7-Day Free Trial. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Joes Jeans was formed in 2001 and is based in Los Angeles, California. 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. P.J.s leadership was instrumental in the execution of two of our first three platform deals, American Plastics and Frontier Fire. For more information, visit www.highviewcapital.com. 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. 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. 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. Dr. Gavaris lives in Bethesda, and enjoys playing golf and spending time with his wife and family. We greatly look forward to watching American Plastics continue to grow and flourish.. Highview leverages its innovative vision and proficiency to partner with management groups of leading middle-market companies going through durations of change. 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. KBP Foods LLC operates quick service restaurants as a franchisee under the YUM! Highview invests in and provides strategic and operational. We wished to change this service, and the sale shows this groups dedication to that typical objective. He holds a B.S. Highview Sells American Plastics. The current Trulia Estimate for 22104 Highview Trail Pl is $932,200. 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. 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 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. About American Plastics, LLC About Highview Capital, LLC Founded in 2016, Highview is a $500 million evergreen private equity fund based in Los Angeles. American Plastics makes, imports and distributes consumer storage and commercial cleaning products. Portfolio - Highview Capital American Plastics American Plastics designs and manufactures environmentally-friendly home storage and commercial cleaning products. The Firm looks to invest $10 to $125 million in businesses valued between $50 and $350 million. 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. Please select at least one newsletter to subscribe. 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. VPC is privately held and a Registered Investment Advisor with the SEC. Watterson is based in Schaumburg, Illinois. The company is primed to win market share from incumbents in the UK and abroad with its digital-first model that captures the potential of smartphone technology to enhance the customer experience, drive operational efficiency, and better predict and manage risk in micro-lending. P.J. 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 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 Office of American Plastics. VPC is privately held and a Registered Investment Advisor with the SEC. 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. This is transaction in the Plastics sector. and Kapish with these promotions, and we are thrilled to add Kelly to the team. For more information, visit www.highviewcapital.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. 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 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. 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 310-201-2040, Internet Explorer presents a security risk. A representative for Victory Park indicated work over time has created a national player. Sard Verbinnen & Co 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. 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. Paul Gavaris, M.D. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. Together, we aimed to transform this business and the sale is a reflection of this groups dedication to that shared goal. Brands umbrella, primarily within the KFC and Taco Bell 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. With an emphasis on incorporating technology into design, the brand creates product for men, women, and kids that is innovative and fits flawlessly. Highview Capital, LLC is an opportunistic personal equity financial investment lorry headquartered in Los Angeles, CA offering transformational equity. Together, we intended to change this company and the sale is a reflection of this groups commitment to that shared objective. Prior to joining Highview, Mr. Gilbert served as a Vice President at JLL Partners, a New York-based private equity fund. Ryan McCarthy, Co-Founder of Highview, said, We are pleased to recognize both 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 . Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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. 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 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. 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 Happy Surfing! Highview employs a highly flexible investment mandate and invests in family/founder-owned businesses, corporate carve-outs, value-oriented buyouts and special situations. This is transaction in the United States. and Kapish are vital parts of Highviews long-term vision and were excited to welcome Kelly to the Highview team.. St. Louis-based American Plastics makes household and garage storage products, shelving systems, tool boxes and workstations sold at retail locations. About American Plastics, LLC 310.806.9780. Mr. Haldia graduated from the Leonard N. Stern School of Business at New York University with a B.S. Victory Park Capital Sells Portfolio Company American Plastics. 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. About Victory Park Capital Advisors, LLC Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation. We greatly look forward to watching American Plastics continue to grow and flourish," Charlie Asfour said in a statement. We greatly look forward to watching American Plastics continue to grow and flourish.. 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. 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. The company also manufactures containers for the janitorial, food service and office products segments. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2021 | Highview Capital, LLC | All Rights Reserved. 310.806.9780. Los Angeles, CA 90025 To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. 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 sis business Creative Plastic Concepts and Centrex Plastics in 2018. 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- ( 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. "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. Staying current is easy with Plastics News delivered straight to your inbox, free of charge. Joe's Jeans is a premium denim brand that has redefined with its inherently LA sensibility and distinctive point-of-view. 7-Day Free Trial. Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad. This is transaction in Missouri. About Victory Park Capital Advisors, LLC 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. Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. 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 Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA providing transformational equity. Do you have some thoughts you'd like to share with our readers? P.J. Your browser does not support JavaScript!. Highview Capital was established in 2016 and is headquartered in Los Angeles, California. This is Highview Capital's 1st and Victory Park Capital Advisors' 1st transaction in the Plastics sector. 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. This is transaction in the Plastics sector. American Plastics and Frontier Fire . KBP Foods was formed in 1999 and is based in Overland Park, Kansas. 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