March 4, 2019

Gerber Collision & Glass Enters New York State, Acquires 18 Carubba Collision Locations

Chicago, Illinois – March 4, 2019 – The Boyd Group Inc. (the “Boyd Group”) announced today it is entering its 27th state with the acquisition of a multi-store operation consisting of 18 collision repair centers located in New York.

These repair centers are located throughout New York, including the market areas around the cities of Albany, Buffalo and Syracuse. The centers, located in Buffalo (3 stores), Amsterdam, Ballston, East Syracuse, Hamburg, Horseheads, Jamestown, Olean, Oneonta, Scotia, Sennett, Syracuse, Tonawanda, Watertown, Wheatfield and Yorkville, have operated as Carubba Collision, which originated in 1955.

“We are very excited about this important acquisition which expands our footprint and allows us to introduce our brand and leading service model to new markets and better assist our insurance clients,” said Tim O’Day, President and COO of the Boyd Group. “We look forward to maintaining the high level of service provided at these locations.”

The Boyd Group is continuously looking to add new collision repair locations to its existing network in Canada and the U.S. Interested collision repair center owners are asked to contact Stephen Boyd at the coordinates below for more information.

About The Boyd Group Inc.

The Boyd Group Inc. (the “Company”), directly and through subsidiaries, is one of the largest operators of non-franchised collision repair centers in North America in terms of number of locations and sales. The Company operates locations in five Canadian provinces under the trade names Boyd Autobody & Glass (http://www.boydautobody.com) and Assured Automotive (http://www.assuredauto.ca), as well as in 27 U.S. states under the trade name Gerber Collision & Glass (http://www.gerbercollision.com). The Company uses newly acquired brand names during a transition period until acquired locations have been rebranded.The Company is also a major retail auto glass operator in the U.S. with locations across 34 U.S. states under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. The Company also operates a third party administrator, Gerber National Claim Services (“GNCS”), that offers glass, emergency roadside and first notice of loss services. GNCS has approximately 5,500 affiliated glass provider locations and 4,600 affiliated emergency roadside services providers throughout the U.S. For more information on The Boyd Group Inc. or Boyd Group Income Fund, please visit our website at (http://www.boydgroup.com).

For further information, please contact:
Stephen Boyd
Vice President, Corporate Development
Tel: (204) 594-1776
stephen.boyd@boydgroup.com