Acquisitions drive sales increases, overcoming headwinds from hurricanes and currency conversion that negatively impact performance. Same store sales up 1.1 percent on per day basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three and nine-month periods ended September 30, 2017. During the quarter, Sales increased by 13.5 percent to […]
Boyd Group Acquires Collision Repair Centers in Tennessee and Ontario
Boyd enters Tennessee market with purchase of nine location MSO. The Boyd Group Inc. announced acquisitions of collision repair centers in Tennessee and Toronto, Ontario. On October 27 Boyd acquired a multi-store operation (MSO) in Tennessee, consisting of nine collision repair centers located in the Nashville region. The MSO was founded in 1970 and previously […]
Boyd Group Reports All Florida and Georgia Collision Repair Centers Re-Opened Following Hurricane
The Boyd Group Income Fund (TSE:BYD.UN) announced yesterday that all 63 collision repair centers in Florida and Georgia that were temporarily closed have now re-opened. Fortunately, nearly all employees have been able to return to their homes and to their work, and none of the affected locations sustained damage that will result in any long […]
Boyd Group Acquires Collision Repair Center in Washington State
The Boyd Group Inc. today announced the acquisition on September 20, of a collision repair center in Issaquah, Washington. The facility previously operated as Gilman Auto Body. Issaquah is located 16 miles east of Seattle, directly off of the western end of the Interstate 90, the longest interstate highway in the United States. “The opening […]
Boyd Group Acquires Collision Repair Center in Louisiana
The Boyd Group Inc. today announced the acquisition on September 8, of a collision repair center in Lafayette, La. The facility previously operated as Prestige Auto Body & Customs of Lafayette. Lafayette is located in southwestern Louisiana, and the location is close to the high traffic intersection of interstate highways 90 and 10. “With the […]
Boyd Group Acquires Collision Repair Center in Ohio
The Boyd Group Inc. today announced the acquisition on September 1, of a collision repair center in Westerville, Ohio. The facility previously operated as Glassburn Body Shop, Inc. and is located 10 miles north of Ohio’s capital city of Columbus and six miles southeast of John Glenn Columbus International Airport. “With this center we continue […]
Boyd Group Reports Second Quarter Sales Up 16%
Same store sales up 3.4 percent Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three and six-month periods ended June 30. Sales increased by 16.0 percent to CA$384.0 million ($299.8 million) from $331.0 million ($260.7 million) in 2016, including same-store sales increases of 3.4 percent excluding the impact of foreign exchange […]
Boyd Acquires Four Collision Repair Centers in Alberta
The Boyd Group Inc. (TSE:BYD.UN) announced that it has acquired four collision repair centers in Calgary, Alberta. The facilities previously operated as Concours Collision Centres. “We are excited to be expanding our presence in the Calgary region, a large market with a population of approximately 1.5 million,” said Eric Danberg, President of the Boyd Autobody […]
Boyd Group Acquires Collision Repair Center in Washington State
The Boyd Group Inc. announced the June 27, opening of a Gerber-branded collision repair center in Spokane, Washington, the center previously operated as City South Auto Body of Spokane. “With this location, we now have a repair center on the south side of the city, complementing our other four centers,” said Tim O’Day, President and […]
Boyd Group Closes Acquisition of Assured Automotive
With the acquisition, Boyd now has 110 locations in Canada and 476 in North America. Boyd Group Income Fund (TSE:BYD.UN) yesterday announced that it has closed the acquisition of Assured Automotive Inc. that was announced in May. The total consideration for the transaction is approximately CA$193.6 million ($148.9 million), subject to closing and post-closing adjustments, […]
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