July 21, 2021

Gerber Collision & Glass Agrees to Acquire 35 Repair Centers in Kansas, Missouri and Oklahoma

Chicago, Illinois – July 21, 2021 – The Boyd Group Inc. (the “Boyd Group”) announced the agreement to acquire Collision Works of Oklahoma, LLC (“Collision Works”), a multi-store operation consisting of 35 collision repair centers located in Kansas, Missouri and Oklahoma. The transaction is expected to be completed within the next few weeks, subject to certain closing conditions being fulfilled.

Collision Works was founded in 1996 by Jacob Nossaman. The company has consistently grown its presence and spans the following areas:

• Oklahoma - There are 22 shops in Oklahoma. In addition to three shops in Oklahoma City, there are multiple shops in the surrounding metro area including Del City, Shawnee, Moore, Edmond (2 locations), Ardmore, Lawton, Norman, Mustang, Bethany, Yukon, Newcastle and El Reno. There are also four locations in Tulsa and one in each of Broken Arrow and Owasso.
• Kansas - Collision Works has 12 shops concentrated near Wichita and Kansas City. There are seven shops throughout Wichita plus nearby Andover and Derby. The other locations include Junction City, Olathe and Lenexa.
• Missouri - There is 1 shop in Grandview, Missouri, which is near the Kansas City, Kansas, locations.

“We are very excited about the opportunity to grow our footprint in these markets. Collision Works has a strong reputation and we look forward to working with them to provide high-quality repairs and outstanding customer service,” said Kevin Burnett, COO of Gerber Collision & Glass. “We believe that adding these repair centers is a step in the right direction to meet our growth vision and will expand our ability to reach new customers and further assist our insurance clients.”

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 center owners are asked to contact Jason Hope at the coordinates below for more information.

About The Boyd Group Inc.

The Boyd Group Inc. (the “Company”) is one of the largest operators of non-franchised collision repair centers in North America in terms of number of locations and sales. The Company operates in Canada under the trade names Boyd Autobody & Glass (https://www.boydautobody.com) and Assured Automotive (https://www.assuredauto.ca), as well as in the U.S. under the trade name Gerber Collision & Glass (https://www.gerbercollision.com). In addition, the Company is a major retail auto glass operator in the U.S. with operations 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 Claim Services (“GNCS”), that offers glass, emergency roadside and first notice of loss services. For more information on The Boyd Group Inc. or Boyd Group Services Inc., please visit our website at (https://www.boydgroup.com).

For further information, please contact:

Jason Hope

Vice President of Business Development and Strategic Projects

Tel: (530) 774-3887

jason.hope@boydgroup.com