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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. “Together with the management team, we successfully navigated unprecedented market conditions (including the COVID-19 pandemic), supported them through succession planning as a founder-led business, and enhanced the company’s operational foundation.” Brant Wilson, CEO at Joe Hudson’s Collision Center said the company looks forward to its next chapter with Boyd. “Our co-founders, Traweek Dickson and Joe Hudson, built a legacy of high-quality repairs, amazing associate engagement, and best-in-class customer service through three decades of leadership that continues to define JHCC,” Wilson said. TSG Consumer is known for its work with branded automotive products and services, including current and past investments with Chemical Guys, Mavis Tire, Meguiar’s, PowerStop, Rough Country and Super Star Car Wash.
