CHICAGO, Nov. 2, 2017 /CNW/ - The Boyd Group Inc. (the "Boyd Group" or "Boyd") today announced the October 27 acquisition of 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 operated as Auto Art Body Shop. The centers will initially be co-branded as Gerber-Auto Art and will transition to Gerber Collision & Glass over the next few months.
"This is an important acquisition that provides an entry point into the Tennessee market, expands our reach to new customers, increases our geographical footprint for our insurance industry partners and also provides us with a new region from which to execute our growth strategy," said Tim O'Day, President and COO of the Boyd Group. "We look forward to becoming part of these communities."
Danny Wallace and Twila Harris, who owned and managed the locations, will continue to lead their teams as part of the Gerber family.
"We look forward to joining Gerber," said Danny Wallace. "We can assure our customers that they will continue to receive the best service and the highest quality of repairs, using the latest innovations in processes and technology that Gerber is known for."
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 Kim Allen 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]; Kim Allen, Director of Business Development, Tel: (847) 410-6003, [email protected]