Business
Boyd Group Services Inc. Announces Regulatory Approval of the Joe Hudson's Collision Center Acquisition; Closing Expected on January 9, 2026
Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("BGSI", "the Boyd Group", "Boyd" or "the Company") today announced an update on the acquisition of Joe Hudson's Collision Center, the definitive agreement having been previously announced on October 29, 2025. Regulatory requirements have been satisfied and as a result, the Company intends to announce the closing of the acquisition on January 9, 2026.
About this update from Byd Company Limited Class A
[{"type":"text","content":"WINNIPEG, MB, Jan. 7, 2026 /CNW/ - Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("BGSI", "the Boyd Group", "Boyd" or "the Company") today announced an update on the acquisition of Joe Hudson's Collision Center, the definitive agreement having been previously announced on October 29, 2025. Regulatory requirements have been satisfied and as a result, the Company intends to announce the closing of the acquisition on January 9, 2026.","length":481,"tagName":"p"},{"type":"text","content":"About Boyd Group Services Inc.","length":30,"tagName":"p"},{"type":"text","content":"Boyd Group Services Inc. is a Canadian corporation and controls The Boyd Group Inc. and its subsidiaries. BGSI shares trade on the Toronto Stock Exchange under the symbol BYD and on the New York Stock Exchange under the symbol BGSI.","length":232,"tagName":"p"},{"type":"text","content":"About The Boyd Group Inc.","length":25,"tagName":"p"},{"type":"text","content":"The Boyd Group Inc. ("Boyd") is one of the largest operators of non-franchised collision repair centres in North America in terms of number of locations and sales. Boyd operates locations in Canada under the trade names Boyd Autobody & Glass and Assured Automotive as well as in the U.S. under the trade name Gerber Collision & Glass. In addition, Boyd is a major retail auto glass operator in the U.S. with operations under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. Boyd also operates a third-party administrator, Gerber National Claims Services, that offers glass, emergency roadside and first notice of loss services. Boyd also operates a Mobile Auto Solutions ("MAS") service that offers scanning and calibration services.","length":837,"tagName":"p"},{"type":"text","content":"Caution concerning forward-looking statements","length":45,"tagName":"p"},{"type":"text","content":"Statements made in this press release, other than those concerning historical information, may be "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws of the U.S. and Canada, respectively (collectively, "forward-looking statements") and therefore subject to various risks and uncertainties. Some fo...