With the acquisition, Boyd now has 110 locations in Canada and 476 in North America. Boyd Group Income Fund (TSE:BYD.UN) yesterday announced that it has closed the acquisition of Assured Automotive Inc. that was announced in May. The total consideration for the transaction is approximately CA$193.6 million ($148.9 million), subject to closing and post-closing adjustments, […]
Boyd Group Acquires Assured Automotive’s 68 Collision Repair Centers in Canada
Acquisition of Canada’s largest non-franchise collision repair company more than doubles Boyd’s footprint in the country. The Boyd Group Income Fund (TSE:BYD.UN) yesterday announced that it has, through a subsidiary company, acquired Assured Automotive Inc., the largest operator of non-franchised collision repair centres in Canada, based in Ontario. The acquisition is expected to be immediately […]
Collision Repair Networks Support AIA Canada Accreditation Program
The Automotive Industries Association (AIA) of Canada announced that the collision repair networks Assured Automotive, CARSTAR Canada, CSN Collision Centres and Fix Auto Canada have declared their support for the upcoming Canadian Collision Industry Accreditation Program (CCIAP). Comprising over half of the collision repair business in Canada, the networks have unanimously voiced their backing for […]