WINNIPEG, Nov. 2, 2017 /CNW/ - The Boyd Group Inc. (the "Boyd Group" or "Boyd") today announced the acquisition on October 18, 2017 of a collision repair center in Toronto, Ontario, previously operated as Birchmount Collision. The center is located on a busy corridor in northeast Toronto and is close to Highway 401, considered to be North America's busiest highway.
"Adding this location demonstrates how our acquisition capabilities have expanded since Assured Automotive has become part of Boyd," said Tim O'Day, President and COO of the Boyd Group. "Like Boyd, Assured has an active acquisition program. With Boyd's resources they will be better positioned to act on opportunities."
"This center is also well-located within our network of repair centers in the GTA, enabling us to quickly put synergies in place," added Des D'Silva, CEO of Assured. We look forward to meeting new customers and providing another center to serve our insurance partners."
The Boyd Group is continuously looking to add new collision repair locations to its existing network in Canada and the U.S. Interested collision repair center owners are asked to contact Stephen Boyd at the contact coordinates below for more information.
About The Boyd Group Inc.
The Boyd Group Inc. (the "Company"), directly and through subsidiaries, is one of the largest operators of non-franchised collision repair centres in North America in terms of number of locations and sales. The Company operates locations in five Canadian provinces under the trade names Boyd Autobody & Glass (http://www.boydautobody.com) and Assured Automotive (http://www.assuredauto.ca), as well as in 21 U.S. states under the trade name Gerber Collision & Glass (http://www.gerbercollision.com). The Company uses newly acquired brand names during a transition period until acquired locations have been rebranded. The Company is also a major retail auto glass operator in the U.S. with locations across 31 U.S. states under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. The Company also operates a third party administrator, Gerber National Claims Services ("GNCS"), that offers glass, emergency roadside and first notice of loss services. GNCS has approximately 5,500 affiliated glass provider locations and 4,600 affiliated emergency roadside services providers throughout the U.S. For more information on The Boyd Group Inc. or Boyd Group Income Fund, please visit our website at (http://www.boydgroup.com).
SOURCE Gerber Collision & Glass
For further information: Stephen Boyd, Vice President, Corporate Development, Tel: (204) 594-1776, [email protected]