Nancy Phillips Associates is pleased to announce the sale of Grava Chrysler Dodge Jeep Ram in Medford, MA sold to Matt McGovern of McGovern Auto Group.
Nancy Phillips Associates is pleased to announce the sale of Grava Chrysler Dodge Jeep Ram in Medford, MA sold to Matt McGovern of McGovern Auto Group.
The dealership originally began operations in 1984 as Chrysler Plymouth of Medford, Inc. and has remained a family-owned business led by two generations of the Grava family. Most recently, Ralph Grava served as President, working alongside his brothers Eric Grava, and Peter Grava Jr.. Over the years, the dealership evolved into Grava Chrysler Dodge Jeep Ram, reflecting the full suite of Stellantis brands. The Grava family is looking forward to their retirement following the sale.
Ralph Grava had this to say about the transaction;
"I never realized just how much was involved in the purchase and sale of a dealership until I went through the process. Carrie guided me from start to finish with professionalism, responsiveness, and genuine care. Anytime we hit a hiccup, she was immediately on the phone and quick to resolve it.
What stood out the most was Carrie’s communication—whether I called or texted, she always responded promptly and made me feel supported every step of the way. Even when we were hesitant to move forward, she remained patient and understanding until we were ready.
This deal had unique complexities, including the real estate component, and Carrie’s expertise extended across all aspects. She had trusted connections for everything—from business attorneys and land experts to accountants for closing day. She truly had every tool needed to keep the process running smoothly.
I would absolutely recommend that any dealer—buyer or seller—work with a broker, and more specifically, choose Carrie and the team at Nancy Phillips Associates. They made what could have been a stressful process feel seamless and supported."
McGovern Auto Group was founded in 2016 by automotive industry veteran Matt McGovern, former CFO of Group 1 Automotive and co-founder of Prime Motor Group. Today, with more than 30 dealership locations, McGovern Auto Group stands as one of the largest automotive enterprises in New England. The acquisition of Grava Chrysler Dodge Jeep Ram strengthens McGovern’s footprint in the Greater Boston market and presents new opportunities for continued growth in the region.
