Welcome to our dedicated page for Boyd Group Svcs news (Ticker: BGSI), a resource for investors and traders seeking the latest updates and insights on Boyd Group Svcs stock.
Boyd Group Services Inc. (BGSI) news coverage tracks developments from one of North America's largest collision repair operators. With more than 1,000 locations across the United States and Canada operating under the Gerber Collision & Glass, Boyd Autobody & Glass, and Assured Automotive brands, company announcements often carry significance for the broader automotive aftermarket sector.
News from Boyd Group typically involves acquisition activity as the company pursues its consolidation strategy in the fragmented collision repair industry. When Boyd acquires regional operators, it expands geographic coverage and adds immediate revenue. These deals often signal where the company sees growth opportunities and competitive advantages.
Financial results and operating metrics provide insight into collision repair demand trends, same-store sales performance, and integration progress from prior acquisitions. As a dual-listed company trading on both the NYSE and TSX, Boyd releases results that reach both American and Canadian investor audiences.
Industry watchers monitor Boyd Group news for signals about insurance company relationships, labor market conditions affecting technician availability, and capital allocation decisions between acquisitions and organic growth. The company's scale makes it a bellwether for trends affecting collision repair operators across North America.
Bookmark this page to follow Boyd Group Services announcements, earnings releases, and strategic updates as the company continues building its network of collision repair and auto glass centers.
Boyd Group Services (TSX: BYD) completed the acquisition of Joe Hudson's Collision Center on Jan 9, 2026, after a definitive agreement announced Oct 29, 2025. The deal adds 258 locations in the US Southeast, increasing Boyd's North American footprint by 25% to 1,301 locations. Total consideration is approximately US$1.3 billion, subject to adjustments. Funding included a US$897 million U.S. equity offering, a private placement of C$525 million senior unsecured notes due 2030, and drawings on the revolving credit facility. Management said the combination should improve profitability via cost synergies and support Boyd's Project 360 initiatives.
Boyd Group Services (NYSE: BGSI) announced that regulatory requirements for the acquisition of Joe Hudson's Collision Center have been satisfied and that the transaction is expected to close on January 9, 2026. The definitive agreement was previously announced on October 29, 2025. The company indicated the closing will proceed following regulatory clearance.
Boyd Group Services (NYSE: BGSI; TSX: BYD) declared a cash dividend of C$0.156 per common share for Q4 2025. The dividend is payable on January 28, 2026 to shareholders of record at the close of business on December 31, 2025. Non-resident shareholders will be subject to applicable withholding taxes on the dividend.
Boyd Group Services (NYSE: BGSI) amended its credit facilities to increase revolving capacity to US$675 million with an accordion to US$1.075 billion, and kept the existing maturity of August 2030. The amendments provide more favorable pricing and greater flexibility and explicitly support the company’s planned acquisition of Joe Hudson's Collision Center.
The US$125 million Term Loan A maturing March 2027 remains unchanged. Lenders include TD, National Bank of Canada, Royal Bank of Canada, Bank of America, Scotiabank and CIBC. The company intends to partially draw the amended facilities, together with proceeds from recent share and senior unsecured notes offerings, to finance the acquisition, which remains subject to customary closing conditions and regulatory requirements.
Boyd Group Services (NYSE:BGSI / TSX:BYD) reported Q3 2025 results with sales of $790.2M (+5.0%) and same-store sales +2.4%. Gross profit rose to $365.9M (46.3% of sales). Adjusted EBITDA increased 22.8% to $98.4M and adjusted net earnings rose to $13.3M (adj EPS $0.62). Boyd surpassed 1,000 locations and added 24 sites in Q3.
Subsequent events: announced a $1.3B Joe Hudson's acquisition (258 locations, expected close Q4 2025), completed a $897M U.S. IPO and began trading on the NYSE under BGSI, and completed multiple note offerings to fund the transaction.