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Tag Archives: Eddie Cheskis
Safelite CEO and president, Tom Feeney, spoke with AGRR/glassBYTEs.com’s Deb Levy late last week about a variety of topics including the company’s recent TruRoad acquisition. Feeney also said there was absolutely no truth to the rumors of a possible acquisition … Continue reading
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.
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.
Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has closed its previously announced $100 million CAD bought deal financing consisting of 1,181,000 trust units at a price of $42.35 CAD per unit and $50 million CAD aggregate principal amount of 5.25 percent convertible unsecured subordinated debentures due October 31, 2021.
Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has entered into an agreement to raise about $100 million CAD through an offering of units at $42.35 CAD each and the sale of convertible debentures. The Fund intends to use the net proceeds of the offering to repay bank indebtedness under its revolving credit facility as well as to fund acquisitions and for general corporate purposes.
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.
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.