One of the largest collision repair companies in North America has bought the majority stake in a repair brand founded in Alabama.
Boyd Group Services Inc., which owns a significant slice of the collision repair sector, has bought a majority stake in Joe Hudson’s Collision Centers for $1.3 billion.
TSG Consumer, a private equity firm specializing in consumer brands, was the seller.
The transaction is expected to close later this year.
During its six years with TSG Consumer, Joe Hudson’s more than doubled its footprint to 258 repair shops across 18 states in the Southeast. The company was founded in Montgomery.
“From the outset, we recognized JHCC as an exceptional platform for disciplined and strategic growth,” Pierre LeComte, managing director at TSG Consumer said in a statement. “To

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