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Gold/Mining/Energy : The Boyd Group Inc BYD.A -Autobody & Glass -- Ignore unavailable to you. Want to Upgrade?

To: DARPA who wrote (14)	7/22/1999 4:34:00 PM
From: David Michaud	Respond to of 41

Boyd Group Inc (The) - Boyd Group acquires R & N Autobody Boyd Group Inc (The) BYD.A Shares issued 6,109,994 1999-07-15 close $2 Friday Jul 16 1999 Mr. Terry Smith reports The Boyd Group has acquired the assets and business of R&N Autobody of Langley, B.C., one of the largest independent collision repair facilities in British Columbia. R&N, which has operated under the Boyd Autobody & Glass trade name as a licensee of Boyd since December, 1998, had annual sales of approximately $2.3-million in its most recent fiscal year. Paul McFarlane, the former owner-operator of R&N, will join Boyd's management team and will continue to manage the operations of R&N.

To: DARPA who wrote (14)	7/22/1999 4:35:00 PM
From: David Michaud	Read Replies (1) \| Respond to of 41

Boyd Group Inc (The) - Boyd Group acquires Dunlap-Riggs Body Shop Boyd Group Inc (The) BYD.A Shares issued 6,109,994 1999-07-21 close $2 Thursday Jul 22 1999 Mr. Terry Smith reports The company has purchased the assets and business of Dunlap-Riggs Body Shop, a high-volume collision repair centre, northeast of Tulsa in Claremore, Okla. Dunlap-Riggs is the pre-eminent body shop in Claremore with annual revenues of approximately $4.0-million. When combined with Boyd's existing U.S. operations, this acquisition will result in Boyd having approximately 20 per cent of its total revenue being derived from U.S. operations. Boyd entered the U.S. market earlier this year with its acquisition of four service body shop locations in the neighbouring state of Kansas. The addition of Dunlap-Riggs in the same geographic area will contribute to enhanced synergies derived from multiple locations, and will further strengthen Boyd's presence in the U.S. Midwest. When combined with existing operations, this acquisition will increase Boyd's overall annualized gross revenue to approximately $61.0-million. The undisclosed purchase price for this acquisition has been satisfied in part by the issuance of 89,000 Class A shares of Boyd (representing approximately $300,375 of the purchase price). With the addition of Dunlap-Riggs, the Boyd Group will now operate 42 company-owned locations. It is the largest operator of collision repair shops in Canada and is among the largest in North America. In addition to its company-owned locations, Boyd also has 13 third-party-owned licensed locations operating under its trade names. Boyd continues to successfully carry out its proven strategy of acquiring additional company-owned locations as part of its plan to be a leader in the consolidation of the highly fragmented North American collision repair industry, recently estimated to be approximately $40-billion in annual revenue.

To: DARPA who wrote (14)	7/27/1999 10:05:00 AM
From: David Michaud	Respond to of 41

Boyd Group secures $23.5-million credit facility Boyd Group Inc (The) BYD.A Shares issued 6,109,994 1999-07-23 close $2.1 Tuesday Jul 27 1999 Mr. Terry Smith reports The Boyd Group has renewed its credit facility with the Toronto-Dominion Bank under terms, which will increase its available credit to $23.5-million from its previous limit of $17-million. This credit facility will be used primarily to finance future acquisitions as the company continues with its strategy to consolidate the highly fragmented $40-billion collision repair industry. As is normal for financings of this nature, the credit facility will be secured by Boyd's assets. "This credit facility will provide us with the ability to continue to pay for a portion of our future acquisitions using debt and, in conjunction with our recently announced $25-million capital commitment from trading partners, will significantly stretch our contributed equity and minimize dilution to our shareholders," said Brock Bulbuck, Boyd's senior vice-president and chief financial officer.

To: DARPA who wrote (14)	10/4/1999 8:07:00 PM
From: David Michaud	Respond to of 41

Boyd Group continues U.S. expansion Boyd Group Inc (The) BYD.A Shares issued 6,109,994 Oct 1 close $2.20 Mon 4 Oct 99 News Release Mr. Terry Smith reports Boyd Group, operating principally as Boyd Autobody & Glass, through a wholly owned subsidiary, has purchased the assets and business of B&H Body Shops, Inc., a high-volume collision repair centre just east of Seattle in Bellevue, Wash. B&H is a significant acquisition for Boyd in that it represents a profitable beachhead in the Pacific Northwest of the United States, an area which enjoys the additional benefit of being in close proximity to Boyd's 18 locations in neighbouring British Columbia. B&H lies within King County, which continues to experience considerable economic growth because of its technology-powered economy. King County is home to numerous leading software companies, including Microsoft Corporation. B&H's annual revenues are projected to reach $4-million for the current year. When combined with existing operations, this acquisition will increase Boyd's overall annualized gross revenue to approximately $66-million, of which approximately 25 per cent will be derived from U.S. operations. The undisclosed purchase price for this acquisition has been satisfied in part by the issuance of 60,000 Class A shares of Boyd (representing approximately $202,250 (Canadian) of the purchase price). With the addition of B&H, the Boyd Group Inc. will now operate 43 company owned locations. It is the largest operator of collision repair shops in Canada and is among the largest in North America. In addition to its company owned locations, Boyd also has 13 third party owned licensed locations operating under its tradenames. Boyd continues to successfully carry out its proven strategy of acquiring additional company owned locations as part of its plan to be a leader in the consolidation of the highly fragmented North American collision repair industry, recently estimated to be approximately $40-billion (Cdn.) in annual revenue.