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You are here: Home / Archives for Boyd Group

Two Independent Proxy Advisory Firms Support Boyd Group Conversion to Public Corporation

November 19, 2019 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group

Boyd Groups Opens Collision Repair Center in Florida

November 18, 2019 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Boyd Group, Florida, Openings

Boyd Group Reports Revenue Up 23.4% in Third Quarter

November 13, 2019 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group, Earnings

Boyd Group Acquires Two Collision Repair Centers in Alabama

November 5, 2019 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Alabama, Boyd Group

Boyd Group Acquires Collision Repair Center in Louisiana

October 10, 2019 By CollisionWeek Editor

The Boyd Group Inc. announced the opening of a Gerber Collision & Glass collision repair center in Gonzales, La. The location previously operated as Precision Collision Center since being built 19 years ago. Gonzales is known as the “Jambalaya Capital of the World” as a result of its well-known annual Jambalaya Festival attended by more […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Louisiana

Boyd Group Acquires Two Collision Repair Centers in Washington State

October 3, 2019 By CollisionWeek Editor

The Boyd Group Inc. today announced the acquisition of two collision repair centers in the Seattle/Tacoma, Washington area. These locations previously operated as Rainier Collision and have served the communities of Gig Harbor and Port Orchard for 12 years. These repair centers are located within the fast-growing Kitsap Peninsula, with a population of approximately 270,000 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Washington State

Boyd Group Adds Collision Repair Center in Illinois

October 1, 2019 By CollisionWeek Editor

The Boyd Group Inc. today announced the opening of a Gerber Collision & Glass collision repair center in East Peoria, Ill. The location previously operated as a collision repair facility and had been closed for more than a year. East Peoria is located across the Illinois River from Peoria, the eighth-largest city in Illinois and […]

Filed Under: News Tagged With: Boyd Group, Illinois, Openings

General Motors Working to Alleviate Strike Impact on Collision Repair Parts Supply

September 26, 2019 By CollisionWeek Editor

General Motors, whose workers represented by the United Auto Workers union that initiated a strike on September 16, is working to alleviate parts supply concerns impacting the the auto service and collision repair industry. In response to our questions about the impact of the strike on collision repair parts supplies, a GM spokesperson explained that […]

Filed Under: News Tagged With: Boyd Group, General Motors, OEM Parts

Boyd Group Currently Sees No Meaningful Impact on Parts Supply from GM Strike

September 24, 2019 By CollisionWeek Editor

Warns prolonged strike could disrupt parts supply. The Boyd Group Income Fund (TSE: BYD.UN) yesterday commented on the potential impact of a prolonged General Motors (GM) labor strike on parts supplies.. “To date, the Strike has had no meaningful impact on our ability to source GM collision parts required to complete collision repairs on GM […]

Filed Under: News Tagged With: Boyd Group, General Motors, Non-OEM Parts, OEM Parts, Recycled Parts

Boyd Group Proposes Corporate Conversion Plan

September 18, 2019 By CollisionWeek Editor

The Boyd Group Income Fund (TSE:BYD.UN) announced a proposed conversion from an income trust to a corporation structure effective January 1, 2020. According to Boyd, by converting the Fund to a corporation it can expand its investor base and improve liquidity by simplifying the organization’s capital structure and adopting one that is more generally accepted […]

Filed Under: News Tagged With: Boyd Group

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