Chicago, Illinois - August 1, 2016 - The Boyd Group Inc. (the "Boyd Group" or "Boyd") today announced that it has acquired a multi-store operation ("MSO") in Ohio and Kentucky consisting of ten collision repair centers located in the Cincinnati region. The centers were founded in 1990 and previously operated as Collision Care Centers.
The new centers are located in the Ohio communities of Blue Ash, Cincinnati (two locations), Fairfield, Lebanon, Madeira, Maineville, Milford, and Wilmington, with an additional location in Southgate, Kentucky.
"We are very excited to add these new locations, which have served the Cincinnati market area well for over 25 years," said Tim O'Day, President and COO of the Boyd Group's U.S. operations. "We look forward to becoming part of these communities and the opportunity to provide the friendly service and quality repairs that Gerber is known for."
"These repair centers are important additions to our portfolio which complement our recently added locations in Dayton, Ohio and Indianapolis, Indiana to create an expanded footprint in the Midwest. As well, with this acquisition Gerber has established a presence in Kentucky, its 20th state," added Mr. O'Day.
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 centers in North America in terms of number of locations and sales. The Company operates locations in five Canadian provinces under the trade name Boyd Autobody & Glass (https://www.boydautobody.com), as well as in 20 U.S. states under the trade name Gerber Collision & Glass (https://www.gerbercollision.com). 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 first notice of loss, glass and related 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 (https://www.boydgroup.com).
For further information, please contact:
Stephen Boyd
Vice President, Corporate Development
Tel: (204) 594-1776
stephen.boyd@boydgroup.com
Kim Allen
Director of Business Development
Tel: (847) 410-6003
kim.allen@gerbercollision.com
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