December 3, 2018

Gerber Collision & Glass Strengthens Position in Midwest, Acquires Gates Collision Centers’ 18 Locations

Chicago, Illinois – December 3, 2018 – The Boyd Group Inc. (the “Boyd Group”) announced today the acquisition of a multi-store operation consisting of 18 collision repair centers, including two intake centers, located in the Wisconsin and Northern Illinois markets. The centers, located in the Wisconsin cities of Madison (4), Sun Prairie (3), Beaver Dam, Janesville, Middleton, Monroe, Portage, Racine, Sauk City, Stoughton, Watertown and the Illinois cities of Belvidere and Freeport, have operated as Gates Collision Centers since 1990. The majority of these centers are located near Madison, Wisconsin, which is the capital and second largest city in the state and the primary city in a metropolitan area of nearly 600,000 people.

“This significant acquisition broadens 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 25 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

Corporate Headquarters
The Boyd Group Inc.

3570 Portage Avenue
Winnipeg, Manitoba, R3K 0Z8
Email: info@boydgroup.com
Tel: 204-895-1244
Fax: 204-895-1283