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Boyd Group Services Inc. reports developments tied to its North American collision repair and auto glass operations. The Canadian corporation controls The Boyd Group Inc., which operates non-franchised collision repair centres under Boyd Autobody & Glass, Assured Automotive and Gerber Collision & Glass, along with U.S. auto glass brands including Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com.
Recurring BGSI news includes quarterly and annual financial results, same-store sales and margin commentary, dividend declarations, leadership changes, conference call notices, and location growth through acquisitions and start-up centres. Company updates also cover Gerber National Claims Services, which provides glass, emergency roadside and first notice of loss services, and Mobile Auto Solutions scanning and calibration services.
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.