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. “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 […]
Boyd Group Acquires Seven Collision Repair Centers in Oregon and Washington State
The Boyd Group Inc. announced the March 29 acquisition of seven collision repair centers in Oregon and Washington. Two facilities are in Beaverton and Portland, Ore., and five in Washington State ‒ two in Seattle, and one each in Burien, Kent and Olympia. These repair centers were all previously operated by Noel Pennington, who started […]
Boyd Group Acquires Collision Repair Center in Guelph, Ontario
The Boyd Group Inc. announced that on March 15, it acquired a a collision repair center in Guelph, Ontario, Canada. Guelph is the fourth-largest City in Southwestern Ontario. The new Assured Automotive brand location previously operated as Majestic Collision. “We are very excited to add this location, which has served the Guelph market well for […]
Boyd Group Acquires Collision Repair Center in Arizona
The Boyd Group Inc. announced the March 25 acquisition of a repair center in Bullhead City, Arizona. This location previously operated as Gordy’s Auto Body, serving this community for 30 years from the same location. Bullhead City is located on the Colorado River at the southern border of Lake Mohave, directly across from Laughlin, Nev. […]
Boyd Group Reports Record Revenue of CA$1.9 billion in 2018
Collision repair facility operators same store sales Up 4.4 percent on per day basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the fourth quarter of 2018 and full year ended December 31, 2018. Sales increased by 18.8 percent to CA$1.9 billion ($1.42 billion) from CA$1.6 billion ($1.23 billion) in 2017, […]
Boyd Group Acquires Collision Repair Center in Washington State
The Boyd Group Inc. announced the March 18, acquisition of a collision repair center in Richland, Wash. This new Gerber Collision & Glass location previously operated as Atomic Auto Body and Detail and has served the community for 53 years from the same location. Richland is located at the junction of the Yakima and Columbia […]
Boyd Group Acquires 11 Collision Repair Centers in Michigan
The Boyd Group Inc. announced the March 8 acquisition of a multi-store operation consisting of 11 collision repair locations in Michigan. The new Gerber collision repair centers, which previously operated under the names of Dusty’s Collision (7 locations), Whitney’s Collision (3 locations) and Wright Brothers Collision (1 location), are located in Ann Arbor, Flint and […]
Boyd Group Acquires 18 Collision Repair Centers in New York State
Marks entry into 27th state. The Boyd Group Inc. announced the acquisition of an 18 collision repair center-MSO located in New York State. The acquisition marks Boyd’s entry into its 27th state. The Carubba Collision repair centers are located throughout upstate New York, including the market areas around the cities of Albany, Buffalo and Syracuse. […]
Boyd Group Acquires Collision Repair Center in Arizona
The Boyd Group Inc. announced the January 11, acquisition of a collision repair center in Peoria, Ariz. This location previously operated as Lake Pleasant Collision Center, servicing customers in the community since 2009. Peoria is a northwestern suburb of Phoenix, with a population of approximately 155,000 people and is listed in the “Top 100 Places […]
Boyd Group Acquires Heavy Duty Collision Repair Center in South Carolina
The Boyd Group Inc. announced the January 9 opening of a Gerber collision repair location specializing in the repair of large commercial vehicles, semi trucks, buses and recreational vehicles in Cayce, S.C. This location previously operated as Bob Johnson’s Body Shop and has operated in the market for 45 years. The acquisition marks the Boyd […]
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