Dave Cantin Group advised on the acquisition of Sylvester Chevrolet in Peckville, Pennsylvania by Matthews Auto Group. Talon Fee advised on this transaction, contributing to the ongoing growth in the greater Scranton, Pennsylvania area. The dealership has been rebranded Matthews Chevrolet of Peckville and will remain in its current location. All employees, including members of the Sylvester family, are expected to remain with the business, ensuring continuity for customers and the surrounding community.
The transaction reflects a succession-driven transition, with a strong emphasis on preserving the dealership’s people, culture, and local presence. Derek Sylvester and family members will continue working within the business under Matthews Auto Group.
The acquisition highlights two accelerating trends in automotive retail: succession planning among family-owned dealerships, and the continued rise of regional consolidators acquiring strong local operators. Matthews Auto Group, which operates in New York and Pennsylvania, continues to expand its regional footprint through disciplined growth and strategic acquisitions. Large regional operators are increasingly able to invest in leadership, technology, and infrastructure in ways that are more difficult for smaller, single-point or two-store dealerships.
“We’re seeing more family-owned dealers think carefully about succession, and more regional groups step in to carry those businesses forward. This transaction protects a legacy while positioning the store for long-term growth.” – Brian Gordon, President, Dave Cantin Group
“This is a clear example of where the industry is headed. Regional, privately held groups are growing with intention, investing in their operations and building platforms that can compete long term. At the same time, family-owned dealers are thinking more strategically about succession.”– Talon Fee, Managing Director, Dave Cantin Group
The buyer was identified through DCG’s network and long-standing industry relationships. The transaction was marked by strong alignment between buyer and seller on culture, employees, and long-term vision.
L–R: John Totolis, Talon Fee, Derek Sylvester, Neil Sylvester, Rob Matthews, Mark Gaeta
