#H.I.G. Capital #London #England #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, announced a key financing deal aimed at Amerplast Group, a prominent player in the sustainable flexible packaging market. This refinancing initiative serves to fortify the company's existing debt structure and facilitate future growth opportunities.

About H.I.G. Bayside Capital Europe

Founded as a specialized investment branch of H.I.G. Capital, Bayside focuses on middle-market firms across various sectors. With approximately $74 billion in total capital under management, H.I.G. aims to provide tailored financial solutions designed to create long-term value for businesses.

Who is Amerplast Group?

Amerplast Group is recognized as a leader in the flexible packaging sector within Europe. Headquartered in Finland and the UK, the company operates five manufacturing facilities across Europe and employs about 470 individuals. They cater to diverse industries, including food and beverage, hygiene, and retail, and have built a solid reputation for delivering high-quality products accompanied by excellent customer service.

Matt Enright, Amerplast’s Chief Financial Officer, highlighted the significant operational transformation the company has undergone in recent years. This includes substantial investments in technology and sustainable practices to enhance production capabilities and deliver superior customer solutions.

The Financing Deal

Under the terms of the new agreement, Bayside has extended a five-year unitranche term loan facility. This financing is designed to not only stabilize Amerplast’s current financial situation but also to set the stage for greater capital flexibility and expansion across Europe.

The deal reflects Bayside’s commitment to maintaining a strong foothold in the sustainable packaging market. Amerplast has established itself through innovation and operational excellence, demonstrating resilience and growth even in challenging market conditions. As stated by Mathilde Malezieux, Managing Director at Bayside, the partnership aims to leverage Amerplast's competitive edge rooted in sustainability and innovation, reinforcing the vision for its exciting next growth phase.

Sustainable Practices at the Core

With a strong commitment to sustainability, Amerplast Group aligns closely with global trends demanding eco-friendly packaging solutions. This refinancing will enhance its ability to invest in green technologies and continuously innovate its product offerings to meet the evolving needs of diverse client industries.

The partnership forged with Bayside empowers Amerplast to uphold its strategic goals while responding dynamically to market demands. This relationship showcases the importance of sustainable business practices in the modern economic landscape, where consumers increasingly prioritize eco-friendly products.

Looking Ahead

As Amerplast embarks on this new chapter of growth, the support from H.I.G. Bayside Capital signifies a promising future. With a commitment to reducing environmental impact while expanding their market presence, Amerplast positions itself to cater to rising consumer demands for sustainable packaging solutions. The company's proactive strategies are poised to yield fruitful results, enabling it to navigate and thrive in an evolving marketplace.

In conclusion, the refinancing by H.I.G. Bayside Capital Europe not only stabilizes Amerplast’s financial base but also serves as a catalyst for future growth. The partnership is testament to the potential of sustained innovation in driving lasting success in the flexible packaging industry.