Wyoming Valley Auto Kia VW Mazda, Pennsylvania

ACQUISITION HIGHLIGHTS

DCG Acquisitions, a Dave Cantin Group (DCG) Company, has closed on the acquisition of Wyoming Valley Auto Kia VW Mazda, now Bergey’s Kia of Wilkes-Barre.  The acquisition was completed on December 14, adding to the company’s unprecedented year.

Bergey’s legacy spans 90 years. Founded in 1924 by Norman L. Bergey in Franconia, Pennsylvania, what started as a simple auto repair shop has grown to dealerships in over 28 locations throughout Pennsylvania, New Jersey, Delaware and Maryland.

“We are pleased to continue our record-setting pace of securing legacies that is made possible by our team’s unparalleled knowledge base and professionalism, relentless hard work, and unyielding commitment to our clients,” said Dave Cantin, DCG Founder and CEO.

Brian Brown and Drew Picon of the Eastern region facilitated the culmination of this transaction.

Recent DCG Acquisitions transactions include the acquisition by Long Island, New York-based Atlantic Automotive Group, owned by John Staluppi Sr. – Lexus of Route 110 and Lexus of Rockville Centre – recently sold to the Len Stoler Automotive Group. DCG also represented the sale of two more Lexus dealerships in California, Lexus of Oxnard and Lexus of Santa Barbara, purchased by Ken Garff Automotive Group from Lithia Motors. DCG is also thrilled to announce the representation of four exemplary Las Vegas, Nevada, dealerships acquired by Lithia Motors, one of the most sought-after automotive markets in the industry.

DCG are authorities in analyzing valuations of a dealership’s worth and specializes in representing platform acquisitions, overseeing multiple dealerships within an individual acquisition.

Working with DCG Acquisitions helped us achieve our goal and connected us with the right fit for our dealership. Their guidance and experience created a seamless process – from list to successful closing. Dave and his team were responsive and provided a smooth transition. Their expertise and knowledge went a long way to relieve the stress that goes alongside selling your business.

Charles Phillips President, Wyoming Valley Motors

Deal Summary

  • Date December 2021
  • SECTOR Automotive
  • DEAL TYPE New
  • SELLER(S) Wyoming Valley Motors
  • BUYER(S) Bergey’s
  • DEAL LOCATION PA

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