McElwain Chevrolet

ACQUISITION HIGHLIGHTS

Dave Cantin Group is proud to have successfully managed the transaction between McElwain Motor Car Company, Inc. and Diehl Automotive. Drew Picon managed the transaction in partnership with the Dave Cantin Group team.

As part of the transaction, Diehl Automotive will preserve the McElwain Motor Car Company name, honoring its more than 100 years of heritage,  and leadership in the Pittsburgh market.

This marks the fourth acquisition Diehl Automotive has completed with Drew Picon and Dave Cantin Group.

“We appreciate and value the relationship we have with Drew Picon & the Dave Cantin Group. Drew has brought us some great opportunities that are now part of the Diehl Automotive family,” said Matt Diehl, Vice President Diehl Automotive. “With Drew’s assistance we have always found a way to complete transactions quickly and efficiently. We look forward to continuing our relationship in the future.”

Congratulations to both Diehl Automotive and McElwain Motor Car Company on this milestone deal!

Buyer: Corina & Matt Diehl, Diehl Automotive Seller: Floyd McElwain, President McElwain Motor Car Company, Inc. Location: Ellwood City, PA (Pittsburgh market) Brand: Chevrolet

L-R: Matt Diehl & Drew Picon. Drew Picon, Floyd McElwain Jr, Matt Diehl

See more coverage on Automotive News and others.

We appreciate and value the relationship we have with Drew Picon and the Dave Cantin Group.  Drew has brought us some great opportunities that are now part of the Diehl Automotive family.  With Drew’s assistance we have always found a way to complete transactions quickly and efficiently.  We look forward to continuing our relationship in the future.

Matt Diehl Vice President, Diehl Automotive

Deal Summary

  • Date December 2024
  • SECTOR AUTOMOTIVE
  • DEAL TYPE Non-luxury
  • SELLER(S) McElwain Motor Car Company, Inc.
  • BUYER(S) Diehl Automotive
  • DEAL LOCATION Ellwood City, Pennsylvania

ADVISORS

Dave Cantin
Brian Traugott
Brian Gordon
Tony Karabon
Drew Picon

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