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Boyd Group Services Inc. Announces Regulatory Approval of the Joe Hudson's Collision Center Acquisition; Closing Expected on January 9, 2026
Prnewswire· 2026-01-07 23:15
Core Viewpoint - Boyd Group Services Inc. is set to finalize the acquisition of Joe Hudson's Collision Center, with the closing announcement scheduled for January 9, 2026, following the satisfaction of regulatory requirements [1]. Company Overview - Boyd Group Services Inc. is a Canadian corporation that controls The Boyd Group Inc. and its subsidiaries, with shares traded on the Toronto Stock Exchange (BYD) and the New York Stock Exchange (BGSI) [2]. - The Boyd Group Inc. is one of the largest operators of non-franchised collision repair centers in North America, operating under various trade names including Boyd Autobody & Glass, Assured Automotive, and Gerber Collision & Glass [3]. Acquisition Details - The acquisition of Joe Hudson's Collision Center was initially announced on October 29, 2025, and is expected to provide strategic and financial benefits, including meaningful synergies [1][5]. - The company anticipates that the acquisition will enhance its operational capabilities and contribute to sustained growth and value creation [5].