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 […]
Boyd Group Acquires Three Collision Repair Centers in South Carolina
The Boyd Group Inc. announced the acquisition of three collision repair centers in the Columbia, S.C. market. These new Gerber Collision & Glass locations previously operated as Baker Collision Express. The Irmo shop opened in 2004, the Lexington repair center was added in 2013 and the Columbia location opened in 2016. Columbia, the state capital, […]
Boyd Group Acquires Four Collision Repair Centers in Indiana and Kentucky
The Boyd Group Inc. announced the acquisition of a multi-store operation consisting of four collision repair centers with three in Indiana and one in Kentucky. These new Gerber Collision & Glass locations previously operated as Lefler Collision & Glass, originating in the 1950s, with the most recent opening in 2015. Two of the collision repair […]
Boyd Group Acquires Two Collision Repair Centers in Alabama
The Boyd Group Inc. announced the acquisition of two collision repair centers in Alabama. These new Gerber Collision & Glass locations previously operated as Auto Collision Experts, originating with the Moody location in 2013. The Anniston location was added in 2018. Moody is one of the fastest growing cities in Alabama and is located 22 […]
Boyd Group Reports Same Store Sales Up 5.2% in Second Quarter
Overall sales increased by 25.4 percent in the quarter compared to 2018. Announces CEO succession plan. The Boyd Group Income Fund (TSE:BYD.UN) announced sales increased by 25.4% during the second quarter ended June 30 to CA$572.5 million ($430.22 million) from CA$456.6 million ($343.12 million) in 2018, including same-store sales increases of 5.2%. The result is […]
Boyd Group Adds Collision Repair Centers in Florida and Manitoba
The Boyd Group Inc. announced the July 31, opening of a collision repair center in Destin, Fla. Located in the Panhandle of Florida, Destin is the principal city on Florida’s Emerald Coast, with approximately 4.5 million visitors annually. “This new location fills a void between our Fort Walton Beach and Panama City Beach repair centers,” […]
Boyd Group Acquires 16 Collision Repair Centers in New York State
Majority of MSO locations in Rochester market. The Boyd Group Inc. announced the acquisition of a multi-store operation consisting of 16 collision repair centers located in New York. The new Gerber Collision & Glass locations, which include a dealer intake center and another specializing in the repair of large commercial vehicles, previously operated as Nu-Look […]
Boyd Group Reports Cyberattack
The Boyd Group Income Fund (TSE:BYD.UN) announced that on June 27 it detected a ransomware attack on a subset of its information technology systems. Upon detection, steps were immediately taken to contain and mitigate any potential impact to Boyd’s data and to operations as well as to start the recovery process. At present, there is […]
Boyd Group Acquires Collision Repair Center in Texas
The Boyd Group Inc. announced the opening today of a Gerber Collision & Glass collision repair center in Austin, Texas. The location previously operated as Aus-Tex Body & Frame. Austin is the capital of Texas, the 11th largest city in the U.S., and home to the University of Texas. “We look forward to continuing to […]
Boyd Group Acquires Collision Repair Center in Texas
The Boyd Group Inc. announced the June 11, opening of a Gerber Collision & Glass collision repair center in Watauga, Texas. The location previously operated as PlanetPaint Collision Center for almost five years. Watauga is a northeastern suburb of Fort Worth in the Dallas-Fort Worth Metroplex, the economic and cultural hub of North Central Texas […]
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