Boyd Group Services, an operator of collision repair and auto glass centers across North America, filed on Wednesday with the SEC to raise up to $780 million in an initial public offering. The company is currently listed on the Toronto Stock Exchange (BYD). At the proposed deal size, the company commands a market cap of $3.8 billion.
The company is a leading provider in the North American collision industry, and operates full-service repair centers. Its offerings include collision repair, glass repair, replacement services, and calibration services, operating over 1,000 locations across 34 US states and five Canadian provinces. Boyd is pending an acquisition of US auto repair shop chain Joe Hudson’s Collision Center.
The Winnipeg, Canada-based company was founded in 1990 and booked $3.1 billion in revenue for the 12 months ended June 30, 2025. It plans to list on the NYSE under the symbol BGSI. RBC Capital Markets, CIBC World Markets, National Bank Financial, and TD Securities are the joint bookrunners on the deal. No pricing terms were disclosed, but the company has begun marketing the deal and expects to price on Thursday, October 30, 2025.
