Tag Archives: Boyd Group

Financial Results for Boyd Group Proves Impact of COVID-19

The COVID-19 pandemic definitely made an impact on industry companies, as was shown through the recent financial results for Boyd Group Services Inc. The company, which owns, Gerber Collision and Glass and Glass America, issued its financial results for the … Continue reading

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Boyd Group Services Inc. Obtains New Funding and Releases Preliminary Results

Boyd Group Services Inc. (Boyd) recently announced it has entered into an agreement with CIBC Capital Markets, Cormark Securities Inc., Goldman Sachs and National Bank Financial Inc., and joint bookrunners, on behalf of a syndicate of underwriters (collectively, the Underwriters). … Continue reading

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Gerber Owner Acquires Repair Center in Tacoma, Wash.

The Boyd Group Inc., which owns Gerber Collision and Glass, has acquired a collision repair center in Tacoma, Wash. The location previously operated as Salatino’s Collision Center. “The Boyd Group is committed to delivering high-quality service to our customers and … Continue reading

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Gerber Collision & Glass Acquires Two Locations in Alabama

The Boyd Group Inc. (the “Boyd Group”) announced the acquisition of two collision repair centers in Alabama. The location in Huntsville originated in 1981 and has operated as Quality Body Shop, while the location in Pelham has operated as Oak … Continue reading

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Boyd Group Income Fund Reports Cyber-Attack

Owners of Boyd Group Income Fund (the Boyd Group), detected a ransomware attack on a subset of its information technology systems in late June. According to the Boyd Group, once the attack was detected, steps were immediately taken to contain … Continue reading

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Gerber Collision & Glass Acquires 4 Locations in Nevada, Arizona

The Boyd Group Inc. announced the acquisition of four collision repair centers located in Nevada (3 locations) and Arizona (1). The shops are located in the Las Vegas area and Scottsdale. These locations were previously branded New Look Collision Center, … Continue reading

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Assured Automotive Opens Repair Location in Guelph, Ontario

The Boyd Group Inc. has acquired a location in Guelph, Ontario. Guelph is the fourth-largest City in Southwestern Ontario. The location previously operated as Majestic Collision and now will operate as Assured Automotive. “We are very excited to add this … Continue reading

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Boyd Group Acquires Repair Center in Bullhead City, Ariz.

The Boyd Group Inc. has acquired Gordy’s Auto Body in in Bullhead City, Ariz. “We are excited that this new location will strengthen our presence in this region and introduces our brand of quality service to new customers,” says Tim … Continue reading

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Gerber Collision & Glass Bolsters Position in Texas, Acquires Paceline Collision Centers’ 9 Locations

The Boyd Group announced its acquisition of a multi-store operation consisting of 9 collision repair centers located in Texas which had operated as Paceline Collision Centers since 1998. The centers are located in Abilene, Copperas Cove, Killeen (2), Lampasas, Lubbock … Continue reading

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Gerber Collision & Glass Establishes Presence in Missouri

The Boyd Group Inc. has opened five collision repair locations in the Kansas City, Mo., market. The centers, located in Kansas City (3), Smithville and St. Joseph, previously operated as A & B Body Shop, Inc., originating 56 years ago. … Continue reading

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Gerber Collision & Glass Opens Two Repair Locations in Georgia

The Boyd Group Inc. has opened two collision repair centers in Marietta, Ga., and Canton, Ga, both northern suburbs of Atlanta. The centers were previously operated as Cherokee Collision Centers, and are situated approximately 16 miles apart. “With the addition … Continue reading

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Boyd Group Posts Sales Increase and Addresses Industry Challenges

Boyd Group Income Fund reported its financial results for the three-month period ended March 31, 2018, and posted a sales increased of 19.6% to $453.3 million from $378.9 million in 2017, including same-store sales increases of 4%. Adjusted EBITDA increased … Continue reading

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Gerber Collision Opens Two New Florida Locations

The Boyd Group Inc. has announced the opening of two Gerber collision repair locations in Collier County, Fla. These centers were previously operated as Autocraft Enterprises and Autocraft Naples and are located on Marco Island, Fla., and in northern Naples, Fla. “These Gulf Coast … Continue reading

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Gerber Collision & Glass Opens Repair Location in Lawrenceville, Ga.

The Boyd Group Inc. announced the opening of a collision repair location in Lawrenceville, Ga. This brownfield development previously operated as a motorcycle and all-terrain vehicle repair shop. “This newly developed center is located eight miles east of our Duluth … Continue reading

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Boyd Group Shows Third Quarter Growth Despite Hurricanes, Currency Troubles

Boyd Group Income Fund reported its third-quarter financial results on Wednesday. The company’s sales increased by 13.5 percent, to $391.9 million (Canadian dollars) from $345.3 million in 2016. Boyd reported that its financial results were impacted by Hurricane Irma, and … Continue reading

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Gerber Collision & Glass Acquires Nine Tennessee Collision Repair Centers

The Boyd Group Inc., parent company to Glass America and Gerber Collision & Glass, has acquired Auto Art Body Shop, a multi-store operation consisting of nine collision repair centers located in the Nashville region. Auto Art Body Shop was founded … Continue reading

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Gerber Collision & Glass Opens Repair Location in Lafayette, Louisiana

The Boyd Group Inc. announced the acquisition of a collision repair center in Lafayette, La., Prestige Auto Body & Customs of Lafayette. Lafayette is located in southwestern Louisiana, and the location is close to the high-traffic intersection of interstate highways … Continue reading

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Tim O’Day Named President/COO of Boyd Group Income Fund

Boyd Group Income Fund announced January 4 the appointment of Tim O’Day to the position of president and chief operating officer.

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Gerber Collision & Glass Opens Repair Locations in Florida

The Boyd Group Inc. announced December 9 the opening of three collision repair centers in Florida, the company said in a press release.

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Boyd Group Posts Sales Increases in Third Quarter

The Boyd Group reported November 9 financial results for periods ending September 30.

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Gerber Collision & Glass Opens Location in Sebastian, Fla.

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, has opened a collision repair center in Sebastian, Fla. The center previously operated as Riverside Auto Body and is located on Florida’s Route 1 East Coast highway.

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Gerber Collision & Glass Opens Indiana Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, is opening a new collision repair center in La Porte, Ind.

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Gerber Collision & Glass Opens Louisiana Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has opened a new collision repair center in Slidell, La. Slidell is about 34 miles northeast of New Orleans.

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Gerber Collision & Glass Acquires Collision Care Centers

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, has purchased a multi-store operation in Ohio and Kentucky consisting of ten collision repair centers. The locations are based in the Cincinnati region.

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Gerber Collision & Glass Opens New Repair Location in Washington State

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired and opened a collision repair center in Airway Heights, Wash., about nine miles west of Spokane. The center previously operated as City West Auto Body.

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Gerber Collision & Glass Opens Ohio Location

The Boyd Group Inc. has acquired a collision repair center in Hudson, Ohio, previously operated as Clarke Collision Center. The location will now operate under the Gerber Collision & Glass moniker. Hudson is in northeast Ohio, about 28 miles south … Continue reading

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Gerber Collision & Glass Adds Indiana Location

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, has acquired a multi-store operation in Indiana consisting of six collision repair centers located in the Indianapolis region. The centers previously operated as Collision Cure Body Werks, … Continue reading

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TODAY’S BLOG: The Intersection of Collision Body Shops and Glass

“When airbags deploy in a crash, chances are good the glass is damaged. The collision repair and AGRR industries’ relationship goes back for decades. However, in recent years, it appears these ties have become stronger.” —Jenna Reed

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Glass America Acquires Ryan’s Auto Glass

Glass America, a subsidiary of the Boyd Group, has purchased Ryan’s Auto Glass, which includes four locations serving the Cincinnati and Dayton, Ohio, area. Ryan’s Auto Glass is a business unit of All Service Glass, which is based in Lima, Ohio. The corporate location in Lima is not a part of the deal.

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Gerber Collision & Glass Opens New Georgia Location

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, among others, has opened a collision repair center in Conyers, Ga., about 24 miles east of Atlanta. “This new location increases our large market presence in the … Continue reading

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Gerber Collision & Glass Opens Two Indiana Locations

Boyd Group, parent company to Gerber Collision & Glass and Glass America, has acquired two collision repair centers in Lafayette, Indiana. They previously operated as Twin City Collision Repair and have served the community for more than 24 years.

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Gerber Collision & Glass Opens Repair Location in Charlotte, N.C.

The Boyd Group Inc., parent company of Gerber Collision & Glass, recently opened a collision repair location in Charlotte, N.C. The center previously operated as Coffey’s Body Shop and was founded in 1972. “This center enhances our footprint in the … Continue reading

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Gerber Collision & Glass Opens New Ohio Location

The Boyd Group Inc., parent company to Gerber Collision & Glass, Glass America and others, has opened a collision repair center in Mayfield Heights, Ohio. The location previously operated as Deacon’s Collision Center.

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Gerber Collision & Glass Gains New Location in Colorado

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired a collision repair center in Highlands Ranch, Colo. The center was previously operated as Don Massey Collision Center and is located near Denver, Colo.

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Bulbuck: Strong Glass Sales Bolster Bottom Line

Strong glass sales and earnings contributed to a 37.4 percent increase in sales for Boyd Group Income Fund’s second quarter. Canadian-based Boyd Group is parent company to Gerber Collision & Glass, Glass America and others in the United States.

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Gerber Collision & Glass Opens New Repair Location in Arizona

The Boyd Group Inc., parent company to Gerber Collision & Glass, Glass America and others, has acquired a collision repair center Mesa, Arizona. The center previously operated as Red Mountain Collision.

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Gerber National Glass Services Coins New Name

The Boyd Group, parent company to Gerber Collision & Glass, Glass America and others, has changed the name of its third-party claims administrator from Gerber National Glass Services to Gerber National Claim Services.

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Gerber Collision & Glass Acquires New Repair Michigan Location

The Boyd Group has acquired a collision repair center in Plainwell, Mich. The center has approximately 12,500 square feet of production space and previously operated under the name McDonald’s Auto Body.

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Gerber Collision and Glass Acquires New Center

The Boyd Group Inc., parent company to Gerber Collision and Glass, Glass America and more, has acquired a collision repair center in Battle Creek, Mich.

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Boyd Group Sales Way Up, Slight Net Loss in Q1 2015

All the acquisitions seem to be paying off—at least in their sales numbers. The Boyd Group, parent company for Glass America, Gerber Collision & Glass and others, has increased its first quarter sales by 53.4 percent to $281.8 million (Canadian … Continue reading

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Gerber Collision & Glass Acquires Spokane Valley Center

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, has acquired a collision repair center in Spokane Valley, Wash., which will be operated under the Gerber name.

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Gerber Collision & Glass Opens New Florida Center

The Boyd Group, parent company to Gerber Collision & Glass, Glass America and more, has opened a new collision repair center in Jacksonville, Fla. It is a new Gerber Collision & Glass location that has about 7,300 square feet of production space.

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Boyd CEO “Glass Acquisitions Represent Opportunity for Future”

More glass company acquisitions could be in Boyd Group’s future, said Brock Bulbuck, CEO. However, right now, Canadian-based Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America and Hansen Collision and Glass, is focused on integrating the glass businesses it has acquired over the last year, Bulbuck said.

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Boyd Group to Pay Monthly Cash Distribution

Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, announced a cash distribution for January 2015 of $0.041 per trust unit. The distribution will be payable on February 25, 2015 to unitholders of record at the close of business on January 31, 2015.

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Gerber Collision & Glass Opens Georgia Repair Center

Gerber Collision & Glass, a part of the Boyd Group, has opened a collision repair location in Brunswick, Ga. The location is approximately 13,500 square feet and previously operated under the name Advanced Collision Center. “We are excited about opening … Continue reading

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Boyd Group Announces Cash Distribution

Boyd Group Income Fund has announced a cash distribution for the month of October of $0.04 per trust unit. The distribution will be payable on November 26, 2014 to unit holders of record at the close of business on October 31, 2014.

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Gerber Collision & Glass Opens New Michigan Location

The Boyd Group Inc. has opened a new collision repair location in Commerce Township, Mich., bringing the total number of locations in Michigan to 39. The location is approximately 13,000 square feet and shares a building with a car dealership. … Continue reading

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Boyd Group Announces Cash Distribution

Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, announced a cash distribution for the month of September 2014 of $0.04 per trust unit.

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Gerber Collision & Glass Opens Two New Repair Locations

The Boyd Group has opened two new collision repair locations, which will operate under the Gerber Collision & Glass name. They are located in Atlanta and Naples, Fla.

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Gerber Collision & Glass Opens New Repair Center in Michigan

The Boyd Group Inc. announced the opening of a new repair center in Roseville, Mich. The center was opened under the Collex brand name and will transition to Gerber Collision & Glass at a later date. The repair center is … Continue reading

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Boyd Group 2Q Sales Up 48 Percent

Sales for Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has increased by 48.2 percent to $202.8 million for the second quarter, compared with sales of $136.9 million for the same period last year. Sales were up thanks to the glass business, recent acquisitions and a rise in same-store sales, according to officials.

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Gerber Collision & Glass Gains New Chicago Location

The Boyd Group has acquired a new location in Chicago that will operate under the Gerber Collision & Glass named.

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Boyd Group Income Fund Named to the Profit 500 List of Canada’s Fastest-Growing Companies

Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America and more, has been ranked 301st in the 26th annual Profit 500 ranking of Canada’s Fastest-Growing Companies by Profit Magazine.

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Cheskis Anticipates Changes with Acquisition of Netcost

Gerber National Glass Services (GNGS), a third-party automotive glass claims administrator (TPA), might soon move away from its partnership with LYNX Services, which provides call center services. Boyd Group Income Fund is purchasing Netcost Claims Services (NCS)—and bringing with it, a call center—to combine with GNGS, according to Eddie Cheskis, CEO of Glass America, a Boyd Group subsidiary.

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AGRR Industry Reacts to Boyd Acquiring NCS

The industry showed a mixed response to the news over the weekend that Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America and others, is acquiring Schaumburg, Ill.-based Netcost Claims Services (NCS), an automotive glass claims administrator for insurance companies. “Seems to me that companies are doing all they can do grab some market share,” says Mark Liston, president of Glass Doctor.

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Gerber Collision & Glass Gains New North Carolina Location

The Boyd Group has opened a new Gerber Collision & Glass location in Fayetteville, N.C.

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Boyd Group Strikes Agreement with Paint Supplier

Boyd Group Income Fund announced that it has finalized and executed a new definitive agreement with an existing paint supplier.

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Boyd Group Changes Policy for Election of Trustees, Directors

The Board of Trustees for Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has adopted a Majority Voting Policy in respect to the election of trustees and directors of subsidiaries at its annual General Meeting of Unit Holders.

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Boyd Group Reports 33-Percent Upswing in Annual Sales

Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America, Hansen Collision and Glass and others, has reported a 33.1-percent increase in annual sales to $578.3 million from $434.4 million in 2012. Same-store sales grew by 4.1 percent.

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Boyd Group Consolidates U.S. Automotive Retail Glass Under Glass America Brand

Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America, Hansen Collision and Glass and others, has consolidated its U.S. automotive glass retail operations under the Glass America brand, according to Eddie Cheskis, CEO of the U.S. glass division.

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Alan Resnick Leaves Glass America

Alan Resnick—who has been with Glass America since 1999, most recently as vice president of sales and operations—left the company at the end of December to pursue new opportunities.

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What Were the Top Stories of 2013?

Big companies grabbed big attention in 2013. From Guardian to Safelite to Boyd Group Income Fund, news from these industry giants dominated the top ten list of most clicked on glassBYTEs.com™ articles for the year. Whether shedding assets, being sued or acquiring other companies, the industry wanted to know what these AGRR companies were doing.

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Boyd Group Added to the S&P/TSX Canadian Dividend Aristocrats Index

The S&P Dow Jones Canadian Index Services has added the Boyd Group Income Fund to the S&P/TSX Canadian Dividend Aristocrats Index as part of its annual review. The change is effective after the close of trading on Friday, December 20, 2013.

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Boyd Group Sees 40-Percent Upswing in 3Q U.S. Sales

Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America, Hansen Collision and Glass and others, reported that third-quarter sales in the U.S. came in at $129.6 million, up $37.8 million or 41.1 percent, from the same period of 2012. The increase is largely due to acquisitions, including Glass America and Hansen Collision and Glass, according to company officials.

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Gerber Collision & Glass Adds Colorado Repair Center

The Boyd Group has added a new repair center in Loveland, Colo., under the Gerber Collision & Glass brand. The location offers auto glass repair and replacement services.

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