Boyd Autobody & Glass Increases Presence in Alberta with Acquisition of Concours Collision Centres

WINNIPEG, Aug. 9, 2017 /CNW/ - The Boyd Group Inc. (the "Boyd Group" or "Boyd") today announced that it has acquired a multi-store operation ("MSO") located in the Calgary, Alberta region, adding an additional four collision repair centres to its presence in the market. The centres previously operated as Concours Collision Centres.

"We are excited to be expanding our presence in the Calgary region, a large market with a population of approximately 1.5 million," said Eric Danberg, President of the Boyd Autobody & Glass operations. "Our new locations will complement our 5 other centres in the Calgary area and provide us with 16 locations in Alberta to better serve our customers and insurance partners."

"Ken Friesen and his management team will be remaining as part of this expansion, and we look forward to our expanded Calgary footprint enabling us to better deliver the professional and friendly service that Boyd and Concours have been known for," added Mr. Danberg.

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 centre owners are asked to contact Stephen Boyd at the contact 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 centres 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 20 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 31 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 Claims 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).

SOURCE Boyd Group Income Fund

Eric Danberg, President, Canadian Operations, Tel: [phone], [email protected]; Stephen Boyd, Vice President, Corporate Development, Tel: [phone], [email protected]