#H.I.G. Capital #London #United Kingdom #refinancing #Amerplast

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

In a pivotal move, H.I.G. Bayside Capital Europe recently announced the successful refinancing of Amerplast Group, a prominent player in the flexible and sustainable packaging industry. Headquartered in Finland and the UK, Amerplast has been a leader in providing innovative packaging solutions across various sectors, including food and beverages, bakery, hygiene, and retail industries. This refinancing underscores H.I.G. Bayside's commitment to strengthening Amerplast's financial structure and enhancing its growth trajectory.

Amerplast, backed by Chiltern Capital, has been a stalwart in the packaging space with its remarkable reputation for high-quality products and excellent customer service, employing approximately 470 people across five production sites in Europe. The refinancing involves a new term loan facility for five years, aimed at supporting the optimization of Amerplast's existing debt structure.

As the company navigates through a rapidly evolving market landscape, it is crucial to have a solid financial foundation. Amerplast has been undergoing a significant operational transformation, investing heavily in modernization, technology, and sustainability initiatives, all of which are vital for maintaining competitive advantage. Matt Enright, CFO of Amerplast, expressed enthusiasm about the partnership with Bayside, stating that this new financial collaboration will enable the company to meet customer demands more efficiently while expanding its resources.

H.I.G. Bayside recognized Amerplast's potential, commending its stable EBITDA growth and resilient business model. Mathilde Malezieux, General Manager at Bayside, emphasized the importance of sustainability in Amerplast’s value proposition and expressed eagerness to work closely with Amerplast’s experienced leadership team.

This refinancing deal marks a significant milestone for Amerplast as it prepares to embark on the next phase of its expansion across Europe, leveraging its strategic partnerships and commitment to innovation. By aligning itself with Bayside, Amerplast not only secures a stable capital structure but also positions itself favorably in the growing market for sustainable packaging.

H.I.G. Bayside Capital specializes in special situations, focusing on companies in the middle-market sector and offering capital solutions that drive long-term returns. With offices in the United States and Europe, the firm's extensive experience enables it to provide tailored financial strategies to maximize investor value. This successful refinancing initiative not only enhances Amerplast’s operational capabilities but also reinforces H.I.G. Bayside's reputation as a leading investor in critical growth sectors.

As the world shifts towards sustainable solutions, Amerplast’s commitment to innovation and excellence in customer service positions it well to capture new opportunities in the packaging industry. The partnership with H.I.G. Bayside Capital Europe is set to propel Amerplast into a future filled with expanded capabilities and market leadership, laying the groundwork for ongoing success and sustainable growth.