O’Day assumes role of President and CEO as part of previously announced succession plan. The Boyd Group Services Inc. (TSE:BYD) (BGSI) announced today the completion of its previously announced conversion of the Boyd Group Income Fund from an income trust to a public corporation. BGSI common shares will begin trading today on the Toronto Stock […]
Boyd Group Acquires Collision Repair Center in Kingston, Ontario
The Boyd Group Inc. announced the acquisition of a collision repair center in Kingston, Ont., Canada. The new Assured Automotive brand location previously operated as Limestone Auto Body. Kingston, nicknamed the “Limestone City” because of many heritage structures built using local limestone, is located about 260 km east of Toronto and 200 km southwest of […]
Boyd Group Obtains Final Court Order on Proposed Corporate Conversion
The Boyd Group Income Fund (TSE:BYD.UN) announced today that the final order from the Court of Queen’s Bench of Winnipeg approving the plan of arrangement for its conversion from an income trust to a public company, named Boyd Group Services Inc. (BGSI) has been obtained. The arrangement was approved by 97.77% of the votes cast […]
Boyd Group Acquires Collision Repair Center in Washington State
The Boyd Group Inc. today announced the acquisition of a collision repair center in Tacoma, Washington. The new Gerber Collision & Glass location previously operated as Salatino’s Collision Center. Located in Washington’s Puget Sound, Tacoma is the county seat of Pierce County and the third largest city in Washington with a population of approximately 200,000 […]
Boyd Unitholders Vote in Favor of Corporate Conversion
Transition to public corporation expected to be completed by January 1. The Boyd Group Income Fund (TSE: BYD.UN) announced that its unitholders have voted in favor of the plan to convert the Fund from an income trust to a public corporation named Boyd Group Services Inc. Unitholders representing 81.03% of all units outstanding voted in […]
Boyd Group Acquires Collision Repair Center in Nashville
The Boyd Group Inc. announced the acquisition of a collision repair center in Nashville, Tennessee. The new Gerber Collision & Glass location previously operated as Whaley Body Shop and has been part of the community for over 60 years and at the current location since 1982. Nicknamed “Music City, USA,” Nashville is the capital and […]
Two Independent Proxy Advisory Firms Support Boyd Group Conversion to Public Corporation
The Boyd Group Income Fund (TSE:BYD.UN) announced that Glass Lewis & Co. and Institutional Shareholder Services (ISS) have both recommended that unitholders vote for the Fund’s proposed conversion from an income trust to a public corporation named Boyd Group Services Inc., which will continue the business of The Boyd Group Inc. and its subsidiaries as […]
Boyd Groups Opens Collision Repair Center in Florida
The Boyd Group Inc. today announced the opening of a Gerber Collision & Glass collision repair center in Daytona Beach, Fla. The location previously housed a dealership collision repair center before closing in 2017. Daytona Beach is the main city in a metropolitan area of approximately 600,000 people and is home to the Daytona 500, […]
Boyd Group Reports Revenue Up 23.4% in Third Quarter
Same store sales up 1.7% on days adjusted basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its third quarter sales increased by 23.4% to CA$567.0 million ($428.19 million) from CA$459.6 million ($347.08 million) in 2018, including same-store sales increases of 3.3%. Same store sales increased 1.7% on a days adjusted basis, recognizing one additional […]
Boyd Group Acquires Two Collision Repair Centers in Alabama
The Boyd Group Inc. announced the acquisition of two collision repair centers in Alabama. The location in Huntsville originated in 1981 and has operated as Quality Body Shop. The location in Pelham has operated as Oak Mountain Body Shop since 2001. Huntsville, approximately 100 miles north of Birmingham, is the fourth largest city in Alabama […]
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