"This acquisition significantly increases our capacity to manufacturing and supply OEM wheels through our growing nationwide network," All Star CEO Matt Immerfall said.
"... The addition of Blackburn quickly doubles our impact in the automotive wheel sector and offers our customers a more comprehensive selection and faster delivery while solidifying All Star's wheel division to better serve its customer base."
"With more than 13 sites and around 400 employees, All Star is positioned as a national player with collision and body shops, tire and service centers, rental car, and auction house customers to profitably repair cars faster with the highest value OEM parts," he said.
Founded in 2004, Orlando-based All Star distributes products to independent auto body shops and multi-site operators of collision repair centers. The company said it sells like-kind-and-quality recycled and refurbished original equipment manufacturer parts and certified aftermarket products — including head lamps, tail lamps, park lamps and fog lamps — in addition to OEM wheels and wheel covers for foreign and domestic vehicles.
ASC is a private equity firm that targets lower middle-market companies poised for growth, with between $4 million to $25 million EBITDA.
"Blackburn has a great industry reputation for quality and customer service that is consistent with what All Star stands for," Immerfall said. "Maximizing the amazing business that Blackburn has built over the last 30-plus years with All Star's capabilities is a true privilege."