Add-on Acquisition • Automotive

The Boyd Group Acquires Collex Collision Experts

On June 2, 2014, The Boyd Group acquired automotive company Collex Collision Experts for 45M USD

Acquisition Context
  • This is The Boyd Group’s 3rd transaction in the Automotive sector.
  • This is The Boyd Group’s largest (disclosed) transaction.
  • This is The Boyd Group’s 4th transaction in the United States.
  • This is The Boyd Group’s 1st transaction in Michigan.

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M&A Deal Summary

Date June 2, 2014
Target Collex Collision Experts
Sector Automotive
Buyer(s) The Boyd Group
Deal Type Add-on Acquisition
Deal Value 45M USD

Target Company

Collex Collision Experts

Clinton Township, Michigan, United States
Collex Collision Experts, Inc. is a provider of automotive repair services.
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Buyer Overview 1

Buyer

The Boyd Group

Winnipeg, Manitoba, Canada

Category Company
Sector Automotive
DESCRIPTION

The Boyd Group Inc. is a operator of collision repair centres in Canada and among the largest in North America. The Company operates locations in the four western Canadian provinces under the trade name Boyd Autobody & Glass, as well as in seven U.S. states under the trade name Gerber Collision & Glass. The Company also operates Gerber National Glass Services, an auto glass repair and replacement referral business with approximately 3,000 affiliated service providers throughout the United States.


Deal Context for Buyer #
Overall 4 of 7
Sector: Automotive 3 of 6
Type: Add-on Acquisition 4 of 7
State: Michigan 1 of 1
Country: United States 4 of 7
Year: 2014 2 of 3
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-30 Netcost 866netglass

Schaumburg, Illinois, United States

Netcost Claims Services is a provider of claim handling solutions for insurance and fleet companies.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-12 Champ s Holding Co.

Harahan, Louisiana, United States

Champ's Holding Co., LLC is a premier full service auto collision repair service provider.

Buy $35M