The private equity firm TSG Consumer has signed a definitive agreement to sell its majority stake in Joe Hudson’s Collision Center (JHCC) to Boyd Group Services, one of the largest operators of collision repair centers in North America.
The transaction, valued at $1.30 billion, is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory requirements.
TSG’s investment in JHCC dates back to 2019. Over that time, JHCC more than doubled its footprint to 258 locations across 18 states, expanding its presence primarily in the southeastern United States.
The deal would give Boyd a total of 1,273 locations.
“Today’s announcement marks a significant milestone for Boyd, as we accelerate our growth and solidify our position as one of the leading players in the highly fragmented North American collision industry,” stated Brian Kaner, president and CEO of Boyd. “Through the acquisition of JHCC, we are expanding our presence in the growing region of the U.S. Southeast, which was identified through our enhanced go-to-market strategy as a key growth region for Boyd.
“In addition to the geographic presence, which is complementary to our existing location footprint, JHCC’s growth strategy, operational focus and culture are well aligned with Boyd’s, providing us with confidence in our ability to generate meaningful synergies as well as create strong value for our customers, insurance company clients and shareholders as a result of the acquisition.”
According to Boyd, JHCC generated $722 million in sales for the 12 months ended June 30, 2025.
Harris Williams and BofA Securities were financial advisers to JHCC.
RBC Capital Markets was the exclusive financial adviser to Boyd.
