Highview Capital LLC, an investment firm, sold its plastics manufacturing subsidiary American Plastics LLC, a consumer sector company based in the United States. The deal closed on July 20, 2022, with both buy-side and sell-side advisory services provided by Highview Capital LLC and Victory Park Capital Advisors, LLC.

AcquirerTargetDeal Value (USD)TypeDate ClosedAdvisors
Highview Capital LLC, Victory Park Capital Advisors, LLC< undisclosed >Sale of Portfolio CompanyJuly 20, 2022N/A
Buy-Side Legal Advisors: 
Sell-Side Legal Advisors: 

Deal Mechanics

The transaction involved the sale of American Plastics LLC, a portfolio company owned by Highview Capital. Victory Park Capital Advisors also acted as an advisor for both sides in this deal.

Strategic Rationale

Highview Capital stated that selling American Plastics was a strategic move to realize the value of its growth and transformation over time, positioning it to further diversify its investment portfolio.

Financial Context

No specific financial details were disclosed regarding the deal's terms or valuation. However, Highview Capital noted that this sale marks an important milestone in the company’s strategy for realizing value from existing assets and expanding into new opportunities.