Boyd Group acquires Louisiana collision repair business for $35 mln
Winnipeg's the Boyd Group (TSX: BYDUN), which has been the focus of speculation about a potential private equity buyout, has acquired Champ's Holding Co LLC, a full-service auto collision repair service provider in Louisiana. The purchase price was around US$35 million. Boyd said that the deal would expand its reach to new customers, increase its geographical footprint, and provide for new growth opportunities. In July, peHUB Canada reported that some of Boyd's top collision repair competitors have been acquired recently by private equity firms. They include Caliber Collision Centers Inc, which OMERS Private Equity bought from ONCAP last November.
12 September 2014•5 mins read
