BBB Industries has entered into a definitive agreement to acquire All Star Auto Parts. Headquartered in Orlando, FL, All Star is a provider of alternative automotive replacement parts, including both remanufactured OEM and aftermarket lights and wheels. All Star primarily focuses on the U.S. collision repair channel, which it serves through its nationwide distribution network.
“All Star will strengthen our electronics offering and will allow us to provide additional product and service options, and we are thrilled at the prospect of welcoming the All Star team to BBB,” said Duncan Gillis, CEO of BBB.
“This acquisition showcases our O.P.S. value creation framework in action as we continue to pursue accelerated growth through both organic initiatives and strategic M&A,” said Ben Kruger, principal at Clearlake.
Terms of the transaction, which is expected to close in the third quarter, were not disclosed.
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