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 […]
Boyd Acquires Two Collision Repair Centers in Kentucky
The Boyd Group Inc. announced the opening yesterday of two Gerber Collision & Glass collision repair centers in Louisville, Kentucky. The locations previously operated as Bill Etscorn & Sons Auto & Collision Centers, originating in 1984. Louisville is located on the Ohio River, along the Indiana border, and is the largest city in Kentucky with […]
Boyd Group Using Arity Virtual Assist Technology
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 […]
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