#H.I.G. Capital #London #United Kingdom #Bayside Capital #Amerplast Group

H.I.G. Bayside Capital Europe Completes Refinancing of Amerplast Group

H.I.G. Bayside Capital Europe, the European arm of H.I.G. Capital, a global leader in alternative investments, has successfully refinanced Amerplast Group. This strategic move is designed to bolster Amerplast, a premier provider of sustainable flexible packaging solutions based in Finland and the UK, which operates with the support of Chiltern Capital.

The refinancing entails a new five-year unitranche credit facility aimed at reshaping the existing debt structure of Amerplast, which has established a formidable reputation in the flexible packaging sector. Catering to a diverse range of industries including food and beverages, bakery, hygiene, and retail, Amerplast operates five production plants across Europe and employs around 470 skilled professionals. Their commitment to technical excellence and high-quality customer service has made them a trusted partner across various business segments.

Matt Enright, CFO of Amerplast, highlighted the significant operational transformation the company has undergone in recent years. He emphasized the investments made in technology, sustainability, and product innovations that have positioned Amerplast for further growth. With this new financing partnership, the company anticipates enhancing its service offerings, expanding capacities, and implementing its long-term strategic growth plan across Europe.

Mathilde Malezieux, Managing Director of Bayside, echoed similar sentiments regarding Amerplast’s potential. He remarked on the company’s innovative and resilient character, underpinned by a solid market position and sustainability-focused value proposition. He noted that the capital infusion aims not just to refinance debts but also to align Amerplast for future expansion in a thriving marketplace.

Amerplast has established a trajectory of consistent EBITDA growth fostered by a disciplined business model and a dedicated management team. The firm's executives, including Chairman David Lennon and CEO Mark Rooney, bring extensive industry experience and have demonstrated an impressive track record in managing and scaling businesses.

As the market for sustainable packaging continues to expand, with increasing consumer awareness and regulatory pressures, Amerplast is well-equipped to capitalize on these trends. Their ongoing focus on innovation and sustainability positions them favorably amidst competitive landscapes. The recent partnership with Bayside marks an essential milestone, facilitating the deployment of resources necessary for thriving in the evolving market.

This strategic refinancing indicates H.I.G. Capital’s commitment to investing in sustainable practices while also supporting companies that are poised for long-term growth. With an emphasis on operational improvement and value creation, the partnership not only seeks to elevate Amerplast’s operational capabilities but also to reinforce its standing as a leader in the flexible packaging industry.

Through continuous investments in technology and infrastructure, Amerplast is set to enhance its product offerings, satisfying the demands of various industries while addressing the growing need for sustainable packaging solutions. This direction echoes wider market trends as businesses pivot towards environmentally responsible practices and materials.

As a critical player in the sustainable packaging arena, Amerplast, with the backing of H.I.G. Bayside, is not just enhancing its own capabilities but is also contributing to the broader transition toward more sustainable business practices in the industry. The road ahead appears promising, with goals set to extend beyond mere growth, aiming for substantial advancements in sustainability and efficiency that benefit both the environment and shareholders alike.

With this new financing arrangement, Amerplast stands equipped to seize new opportunities, innovate further, and deliver unparalleled value to its partners and customers in markets that increasingly prioritize sustainability and quality.