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Atlantic Street Capital Announces Majority Recapitalization Of All Star Auto Lights

Scalable expansion opportunities include new product categories and acquisitions.

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Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced today the majority recapitalization of All Star Auto Lights, a specialty distributor of alternative automotive lighting parts. Atlantic Street is partnering with the company’s CEO, Matt Immerfall, and other investors.

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Founded in 2004 and based in Orlando, Florida, All Star is a distributor of replacement alternative lighting products to independent auto body shops and multi-site operators of collision repair centers. All Star has a nationwide distribution network through its seven facilities and sells like-kind-and-quality recycled and refurbished OEM parts and certified aftermarket products, including headlamps, tail lamps, park lamps and fog lamps for foreign and domestic vehicles. 

Phil Druce, Partner of Atlantic Street Capital, said, “We are very excited about this investment because of All Star’s leading industry position and its ability to serve as a cost-effective and quality alternative to higher priced new OEM products. Working with Matt, we will capitalize on opportunities to expand the company’s footprint, further penetrate existing customers, and evaluate potential expansion into new product categories.”

Immerfall, who continues as CEO of All Star Auto Lights, commented, “We recognized the need for a strategic partner to help All Star grow by investing in and supporting the company’s organic growth plan and executing on acquisition opportunities. We believe Atlantic Street has the right team of professionals to help us achieve our aggressive growth goals.”

Peter Shabecoff, managing partner of Atlantic Street Capital, said, “The U.S. auto collision repair market is a growing category and a variety of factors are causing consumers, insurance carriers, and auto collision repair shops to help mitigate increasing costs with high quality alternatives. Both recycled or refurbished OEM parts and aftermarket parts are now a viable, cost-effective alternatives to new parts and All Star is a leader in terms of differentiated price, quality, available inventory, timely delivery, and service.  We look forward to partnering with Matt as we expand and grow its operations.”

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