Jocelyn Chan and Michael MacGillivray of Sigma Auto Group acquires the company’s first automotive dealership, Atlantic Kia. The transaction was led by Darren Hoyles, DSMA’s M&A Associate in Atlantic Canada, and Melissa Samatas, COO of DSMA Canada & Partner, who successfully managed the process through to closing.
The newly formed East Coast group will be operating the dealership under the name Cumberland Kia. This acquisition highlights the strength of Sigma’s disciplined growth strategy and the leadership of Jocelyn Chan and Michael MacGillivray, whose financial acumen, operational focus, and people-first approach drives positive impact both within the business and across the broader community.
Michael MacGillivray shared the following regarding his experience with DSMA:
“Darren, Melissa, Wendy, and Danny of DSMA were fantastic to work with throughout the purchase of Cumberland Kia.
Their depth of knowledge, industry experience, and strong network of contacts added tremendous value at every stage of the process. Even as an experienced buyer, their guidance proved invaluable.
With Darren and the team involved, nothing is overlooked—OEM, bank, and vendor timelines are managed seamlessly, ensuring the transaction stays on track from start to finish.”
We wish Jocelyn, Michael, and the entire Sigma Auto team continued success as they build on this momentum and expand their influence throughout Atlantic Canada.
We also extend our congratulations to Mike Allen on the successful sale of Atlantic Kia, one of the valued dealerships in his group. Mike has long been recognized as a highly respected operator in the region, known for his professionalism, integrity, and strong leadership. His ability to grow successful operations while maintaining a people-first approach has earned him widespread respect among peers and partners across the industry.
For any buy-sell needs or inquiries, contact Darren Hoyles to learn how DSMA can support your next transaction.
