Boyd Group Services Inc. closed its initial public offering in the United States on November 4, 2025, issuing 6,361,800 common shares at US$141.00 per share for gross proceeds of approximately US$897 million (C$1.25 billion). The offering included the full exercise of the underwriters' over-allotment option for 829,800 additional shares. The shares were listed on the Toronto Stock Exchange under the symbol "BYD" and on the New York Stock Exchange under "BGSI."

The proceeds are designated to partially fund Boyd's acquisition of all equity interests in JHCC Holdings Parent, LLC, operating as Joe Hudson's Collision Center, an automotive collision repair services provider. The acquisition is valued at US$1.3 billion (approximately C$1.81 billion) in cash, subject to customary adjustments.

The underwriting syndicate comprised RBC Capital Markets, CIBC Capital Markets, National Bank Capital Markets, TD Securities, ATB Capital Markets, BofA Securities, Scotiabank, BMO Capital Markets, Desjardins Capital Markets, Raymond James, and Stephens Inc. After deducting underwriters' fees, net proceeds totaled approximately US$750 million (C$1.05 billion).

Boyd retained Osler, Hoskin & Harcourt LLP as Canadian legal counsel and Skadden, Arps, Slate, Meagher & Flom LLP for U.S. matters. The underwriters were advised by Stikeman Elliott LLP in Canada and Latham & Watkins LLP in the United States.