Boyd to acquire Joe Hudson's Collision Center from TSG, $1.3B

Boyd Group Services Inc. has agreed to buy the majority stake in Joe Hudson’s Collision Center from private equity owner TSG Consumer in a deal valued at $1.3 billion, the companies said. The transaction, which brings a network of 258 repair sites across 18 states into Boyd’s fold, is expected to close in the fourth quarter of 2025, subject to customary approvals.

The sale marks a significant consolidation step in a sector where scale and process standardization are increasingly critical. The U.S. auto collision repair market is estimated at roughly $40 billion annually, and buyers are prioritizing geographic density, insurer relationships and digital claims integration — areas where larger roll-ups can capture efficiencies.

TSG Consumer, which invested in the platform in 2019 and manages roughly $13 billion in assets, said its partnership with JHCC helped accelerate expansion, operational improvement and digital transformation. TSG executives Pierre LeComte and Erik Johnson highlighted the company’s rapid growth under their ownership and praised JHCC’s management for preserving service standards while scaling.

JHCC’s leadership — including CEO Brant Wilson and co‑founders Traweek Dickson and Joe Hudson — framed the move as a next chapter that will leverage Boyd’s broader North American footprint. Management said the transaction should enable faster technology investments, deeper insurer integration and expanded training programs for technicians.

Financial and banking arrangements were lined up in support of the acquisition: Boyd secured committed financing from several chartered bank affiliates, while advisers on both sides included prominent investment banks and law firms. Such sponsor-to-strategic exits have become a common path for PE owners who have built regional platforms and then sell to strategic consolidators seeking scale.

Comparable platform exits in automotive and service sectors have traded at strong multiples when buyers acquire large, well-run chains with robust insurer partnerships.

For Boyd, the acquisition expands service density in the southeastern U.S. — a competitive market for collision repair — and should yield operational synergies over time.