TSG Consumer Announces Exit from Joe Hudson’s Collision Center

TSG’s investment accelerated JHCC’s evolution into a best-in-class collision repair operator, driving scale, service quality, and community impact.

SAN FRANCISCO & MONTGOMERY, Ala.--(BUSINESS WIRE)--TSG Consumer (“TSG”), a leading private equity firm specializing in consumer brands, announced today that it has signed a definitive agreement to sell its majority stake in Joe Hudson’s Collision Center (“JHCC”), a leader in the collision repair industry, to Boyd Group Services Inc. (TSX: BYD) (“Boyd”), one of the largest operators of collision repair centers in North America. The transaction, valued at $1.3 billion, is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory requirements.

Since TSG’s investment in 2019, JHCC has achieved significant growth through strategic initiatives, geographic expansion supported by acquisitions, digital transformation, and industry-leading operational excellence. During TSG’s partnership, JHCC more than doubled its footprint to 258 locations across 18 states, expanding its presence primarily in the Southeastern U.S. and becoming one of the fastest-growing collision repair operators in the country.

“From the outset, we recognized JHCC as an exceptional platform for disciplined and strategic growth,” said Pierre LeComte, Managing Director at TSG Consumer. “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.”

"Our partnership with JHCC exemplifies our hands-on approach to scaling businesses,” said Erik Johnson, Managing Director at TSG Consumer. “By leveraging our automotive industry expertise and working closely with the JHCC leadership team, we supported the company’s growth — both organically and via acquisitions — to expand its footprint, enhance its service quality, and streamline the repair experience. These initiatives not only strengthened JHCC’s market position but also delivered meaningful impact to the communities the company serves. We are confident JHCC will thrive as part of Boyd and wish them continued success.”

“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,” said Brant Wilson, CEO at Joe Hudson’s Collision Center. “We were proud to build on that foundation with TSG’s support and look forward to our next chapter with Boyd. We are excited by the opportunity to deliver even greater value to our customers and communities within this competitive industry.”

TSG Consumer brings deep expertise in branded automotive products and services, with current and past investments including Chemical Guys, Mavis Tire, Meguiar’s, PowerStop, Rough Country, and Super Star Car Wash.

Ropes & Gray LLP is serving as legal counsel to both TSG Consumer and Joe Hudson’s Collision Center, with Fasken Martineau DuMoulin S.E.N.C.R.L., s.r.l. also providing legal representation to Joe Hudson’s Collision Center. Harris Williams LLC and BofA Securities are acting as financial advisors to Joe Hudson’s Collision Center.

RBC Capital Markets is acting as exclusive financial advisor and Massumi + Consoli LLP and Axinn, Veltrop & Harkrider LLP are acting as legal advisors to Boyd. Boyd has obtained committed financing from the chartered bank affiliates of RBC Capital Markets, National Bank Capital Markets and TD Securities, Inc.

About TSG Consumer

Founded in 1986, TSG Consumer Partners, LP is a leading consumer-focused private equity firm with approximately $13 billion in assets under management. Leveraging the firm’s deep knowledge of the consumer, TSG partners with exceptional leaders and transformational brands, empowering them to grow and meet the ever-evolving needs of their consumers. TSG has investment offices in San Francisco, New York, and London. For more information, visit tsgconsumer.com.

About Joe Hudson’s Collision Center

Joe Hudson’s Collision Center is a leading platform in the collision repair industry operating 258 state-of-the-art auto body repair shops across 18 states the southern region of the United States. JHCC employs highly skilled professionals dedicated to providing customers with outstanding customer service and quality repairs. For more information, please visit: https://jhcc.com/