CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Boyd Group Expands Credit Facility to $400 Million to Support Acquisitions

Boyd Group Expands Credit Facility to $400 Million to Support Acquisitions

April 3, 2019 By CollisionWeek Editor

The Boyd Group Income Fund (TSE:BYD.UN) announced that it has expanded its revolving credit facility to $400 million through the accordion feature available under its existing facility.

Boyd Group“As we execute on our long-term growth strategy, we continue to see many attractive opportunities to make accretive acquisitions,” said Pat Pathipati, Executive Vice President and Chief Financial Officer of the Boyd Group. “This expanded facility positions us well to take advantage of those opportunities.”

The Boyd Group has made several acquisitions this year, including a group of 18 collision repair centers in New York State and 11 stores in Michigan.

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Boyd Group

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Australia Launches Review of Landmark Right to Repair Law July 2, 2025
  • Aviva Completes $5 Billion Acquisition of Direct Line to Become Largest Auto and Home Insurer in the UK July 2, 2025
  • CARSTAR Owner Adds Bosch Auto Repair Franchise in Houston, Texas July 2, 2025
  • Record 61.6 Million Americans to Drive During July 4th Week July 2, 2025
  • Autel US Launches $25,000 Scholarship Program for Auto Repair Students July 2, 2025
  • Fix Network Names Sonia Bouthillette VP of Sales and Operation for Canadian Operations July 1, 2025
  • Mental Health Crisis, Police Cuts Linked to Rise in Impaired-Driving Deaths During Pandemic July 1, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in