Allstate announced that the Boyd Group is using Virtual Assist technology developed by its Arity subsidiary. The Boyd Group will use the communications technology at its Gerber Collision & Glass locations in the U.S. as well as its Boyd Autobody & Glass shops across western Canada and its Assured Automotive shops in eastern Canada. The […]
Boyd Group Acquires Four Collision Repair Centers in Nevada, Arizona
The Boyd Group Inc. announced the acquisition of four collision repair centers located in Nevada (3 locations) and Arizona (1). The shops are located in the Las Vegas area and Scottsdale. These new Gerber Collision & Glass locations were previously branded New Look Collision Center, which originated in 2004 with a single shop. Additional locations […]
Boyd Group Acquires Collision Repair Center in Alabama
The Boyd Group Inc. announced today the acquisition of a collision repair center located in Trussville, Alabama. The new Gerber Collision & Glass location previously operated as Myers Auto Collision Repair, has been servicing this market since 1988 and from the current location since 1997. Trussville is an eastern suburb of Birmingham and was included […]
Boyd Group Reports Same Store Sales Up 5.3 percent in First Quarter
On a day adjusted basis, same store sales were up 6.6 percent. Overall sales increased by 23.1 percent over 2018. Boyd Group Income Fund (TSE:BYD.UN) today reported its first quarter sales increased by 23.1 percent to CA$557.9 million ($415.47 million) from CA$453.3 million ($337.57 million) in 2018, including same-store sales growth of 5.3 percent. Same […]
Boyd Group Acquires 3 More Carubba Collision Repair Centers in New York State
The new Gerber Collision & Glass locations add to the 18 Carubba Collision centers the firm acquired last month. The Boyd Group Inc. announced the acquisition of three collision repair centers, including one intake center, located in the Buffalo, New York, area. The shops are located in Buffalo, Cheektowaga and East Amherst. The locations previously […]
Boyd Group Expands Credit Facility to $400 Million to Support Acquisitions
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, […]
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