Business
Boyd Group Services Inc. Announces Closing of US$897 Million Bought Deal Initial Public Offering in the United States
Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("BGSI" or the "Company") today announced the closing of its previously-announced bought deal public offering (the "Offering") of common shares in Canada and the United States, representing the Company's initial public offering in the United States. The Company issued a total of 6,361,800 common shares, including 829,800 common shares following the exercise in full by the underwriters of their option to purchase additional common shares, at a pric
About this update from Byd Company Limited Class A
[{"type":"text","content":"WINNIPEG, MB, Nov. 4, 2025 /CNW/ - Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("BGSI" or the "Company") today announced the closing of its previously-announced bought deal public offering (the "Offering") of common shares in Canada and the United States, representing the Company's initial public offering in the United States. The Company issued a total of 6,361,800 common shares, including 829,800 common shares following the exercise in full by the underwriters of their option to purchase additional common shares, at a price of US$141.00 per share, for gross proceeds to the Company of approximately US$897 million.","length":666,"tagName":"p"},{"type":"image","alt":"logo (CNW Group/Boyd Group Services Inc.)","displaySize":"","headline":null,"caption":"logo (CNW Group/Boyd Group Services Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":135,"height":104,"url":"https://media.zenfs.com/en/cnwgroup.com/12bc59b20468f6dd51ebd46d4e24c0d0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/NAhNXeeI92nfbE7IshHtKA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTE2MjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/12bc59b20468f6dd51ebd46d4e24c0d0","width":135,"height":104}},"href":"https://mma.prnewswire.com/media/2812706/Boyd_Group_Services_Inc__Boyd_Group_Services_Inc__Announces_Clos.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"BGSI intends to use the net proceeds from the Offering to partially fund the acquisition of Joe Hudson's Collision Center, a provider of automotive collision repair services, the details of which were previously announced by the Company.","length":241,"tagName":"p"},{"type":"text","content":"No securities regulatory authority has either approved or disapproved the contents of this press release. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of BGSI, nor shall there be any sale of the securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, territory, state or jurisdiction.","length":505,"tagName":"p"},{"type":"text","content":"About Boyd Group Services Inc.","length":30,"tagName":"p"},{"type":"text","content...