Boyd Group’s acquisition transaction for the True2Form centers closes

Aug. 5, 2010

August 5, 2010—The acquisition of True2Form Collision Repair Centers Inc. by Boyd Group was officially completed.

The acquisition gave Boyd Group 37 additional facilities, in four states and a total of 130 centers in the U.S. and Canada. The purchase price was approximately $18 million.

"We are very pleased to have completed the acquisition of True2Form," said Brock Bulbuck, president and CEO of Boyd Group. "The acquisition is a major strategic move for us in expanding our footprint and continuing our growth plan. We believe that True2Form's strong management team and industry-leading operational expertise and service levels are an excellent fit with Boyd Group's existing organization and will further enhance Boyd's competitive position in the United States."

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