Boyd Group Services (BGSI) Company Report

Analyst Coverage

Research analysts covering Boyd Group Services.

Recent press releases and 8-K filings for BGSI.

Boyd Group Services Inc. Completes Acquisition of Joe Hudson's Collision Center

BGSI

M&A

Debt Issuance

New Projects/Investments

Boyd Group Services Inc. (BGSI) completed the acquisition of Joe Hudson's Collision Center on January 9, 2026.
This acquisition expands Boyd's North American location footprint by 25%, adding 258 locations for a total of 1,301.
The transaction was valued at approximately US$1.3 billion, funded through a US$897 million U.S. equity offering, a C$525 million private placement of senior unsecured notes, and existing credit facilities.

Jan 9, 2026, 6:34 PM

Boyd Group Services Inc. Receives Regulatory Approval for Joe Hudson's Acquisition

BGSI

M&A

New Projects/Investments

Boyd Group Services Inc. (BGSI) announced that it has received regulatory approval for the acquisition of Joe Hudson's Collision Center.
The company intends to announce the closing of the acquisition on January 9, 2026.
The definitive agreement for this acquisition was previously announced on October 29, 2025.

Jan 8, 2026, 1:07 AM

Boyd Group Services Inc. Announces Regulatory Approval for Joe Hudson's Collision Center Acquisition

BGSI

M&A

New Projects/Investments

Boyd Group Services Inc. (BGSI) has received regulatory approval for its acquisition of Joe Hudson's Collision Center.
The company intends to announce the closing of the acquisition on January 9, 2026.
The definitive agreement for this acquisition was previously announced on October 29, 2025.

Jan 7, 2026, 11:15 PM

Boyd Group Services Inc. Amends Revolving Credit Facilities

BGSI

Debt Issuance

M&A

New Projects/Investments

Boyd Group Services Inc. (BGSI) has amended its credit facilities, increasing its revolving credit facilities to US$675 million, with an accordion feature that can expand them to a maximum of US$1.075 billion.
These amendments provide more favorable pricing and flexibility while maintaining the existing maturity of August 2030.
The company intends to partially draw upon these amended facilities, in conjunction with proceeds from recent common share and senior unsecured notes offerings, to finance the acquisition of Joe Hudson's Collision Center.

Dec 10, 2025, 1:47 AM

Boyd Group Services Amends Credit Facilities for Acquisition

BGSI

Debt Issuance

M&A

New Projects/Investments

Boyd Group Services Inc. (BGSI) amended its credit facilities, increasing its revolving credit facilities to US$675 million with an accordion feature up to US$1.075 billion.
These amendments offer more favorable pricing and flexibility while maintaining an August 2030 maturity, primarily to facilitate the acquisition of Joe Hudson's Collision Center.
The company plans to partially draw on these amended facilities, combined with proceeds from recent common share and senior unsecured notes offerings, to finance the acquisition.

Dec 10, 2025, 1:03 AM

Boyd Group Services Announces Acquisition of Joe Hudson's Collision Center

BGSI

M&A

Guidance Update

New Projects/Investments

Boyd Group Services Inc. has entered into a definitive agreement to acquire Joe Hudson's Collision Center for $1.3 billion, or approximately $1.15 billion net of tax benefits.
The acquisition is expected to increase Boyd's location count by 25% to 1,273 locations, solidifying its position as a leading player in the North American collision industry, and is anticipated to close in the fourth quarter of 2025.
Identified synergies total $35-$45 million, targeted for achievement by 2028, with 50% expected in the near term, and the transaction is expected to be accretive to Adjusted Net Earnings per Share after synergies in the first full year.
For the preliminary third quarter ending September 30, 2025, Boyd expects revenue to increase approximately 5% year-over-year, driven by 2%-2.5% same-store sales growth, and anticipates an Adjusted EBITDA margin of 12.3%-12.5%, representing 21%-23% growth in Adjusted EBITDA.