Boyd Group Services Inc. closed its acquisition of Joe Hudson's Collision Center (JHCC) on January 9, 2026, following the announcement of a definitive agreement on October 29, 2025. The transaction, valued at approximately US$1.3 billion (C$1.78 billion), added 258 collision repair locations to Boyd's network, increasing its North American footprint by 25% to 1,301 locations with strengthened presence in the U.S. Southeast region.

JHCC, founded in 1989, added 123 locations through acquisitions and 17 through start-ups since 2020. For the twelve months ended June 30, 2025, JHCC reported US$722 million (C$988 million) in sales and US$63 million (C$86 million) in adjusted EBITDA with an 8.7% margin. Adjusted for IFRS lease accounting, EBITDA reached US$104 million (C$142 million) with a 14.4% margin.

The purchase price represented 13.3x JHCC's adjusted EBITDA, or 9.3x including anticipated annualized synergies of US$35-45 million (C$48-62 million). Boyd financed the acquisition through its debut U.S. equity offering of $897 million, a private placement of C$525 million in senior unsecured notes due 2030, and drawings on its revolving credit facility.

RBC Capital Markets served as exclusive financial advisor to Boyd, with legal counsel from Massumi + Consoli LLP and Axinn, Veltrop & Harkrider LLP. JHCC and TSG Consumer Partners LP were represented by Ropes & Gray LLP and Fasken Martineau DuMoulin.