Tim O'Day

Money Moves

Transitioning to advisory role in May 2025 after closing largest acquisition in company history

Boyd Group just closed a $1.3 billion deal to buy Joe Hudson's Collision Center—258 shops across the Southeast—from private equity firm TSG Consumer Partners. The transaction pushes Boyd to exactly 1,301 locations across North America, cementing its position as the industry's second-largest player behind Caliber Collision's 1,800 shops. It's the biggest collision repair acquisition since Crash Champions absorbed Service King for $2 billion in 2022. Days before Boyd's deal closed, The Riverside Company acquired Certified Collision Group from Incline Equity Partners in another private equity handoff signaling relentless capital rotation in the sector.

Updated Jan 10