Winnipeg Free Press - ONLINE EDITION

Boyd group acquires American multi-shop operator

  • Print
Boyd (auto body) Group president and CEO Brock Bulbuck.

KEN GIGLIOTTI / WINNIPEG FREE PRESS Enlarge Image

Boyd (auto body) Group president and CEO Brock Bulbuck. Photo Store

The Boyd Group has acquired another multi-shop operator with 16 locations in Michigan and Florida.

The Winnipeg-based collision repair company with the largest number of locations in North America purchased Collex Collision Experts which operates 13 stores in southeast Michigan and three in Southwest Florida.

The operation generated $46 million in sales last year. Boyd paid $45 million for the company.

In April Boyd also closed a deal to acquire the Collision Revision chain of 25 stores in Illinois, Indiana and Florida for $32.5 million. Those operations generated $50 million in revenue last year.

Last month it paid $3 million for Chicago-based Netcost Claims Services, a third party administrator that serves the fleet management and insurance-funded segments of the auto glass repair industry by providing a complete outsourced solution that manages the claims process. It had sales of $25 million in 2013.

This acquisition of Collex brings the number of Boyd collision repair locations to 302 across 15 states and five Canadian provinces.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Winnipeg Cheapskate: Cheap summer weekends

View more like this

Photo Store Gallery

  • JJOE.BRYKSA@FREEPRESS.MB.CA Local-Postcard  Day-Horror frost and fog created a most beautiful setting at Assiniboine Park Thursday morning in WInnipeg- Enviroent Canada says the fog will lifet this morning and will see a high of -7C-  JOE BRYKSA/WINNIPEG FREE PRESS- Feb 18, 2010
  • A squirrel enjoys the morning sunshine next to the duck pond in Assiniboine Park Wednesday– June 27, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Should the city grant mosquito buffer zones for medical reasons only?

View Results

View Related Story

Ads by Google