Erin Kerrigan has joined Presidio Merchant Partners as an MD in its automotive group. Presidio Merchant Partners is the investment banking unit of the Presidio Group. Kerrigan was previously with AutoStar, a unit of iStar Financial where she served as a loan originator.
The Presidio Group LLC announced today that Erin P. Kerrigan has been named Managing Director in the Automotive Group of its investment banking subsidiary, Presidio Merchant Partners LLC.
“Erin is a well-recognized and respected leader in the dealership industry,” said James Student, Head of Investment Banking at Presidio. “She’s financed dealerships, bought and sold dealerships, and even run a dealership. Joining Alan Haig and Shane Dever, Presidio’s Co-Heads of Automotive Investment Banking, Erin is an outstanding addition to our leading dealership advisory team. You’d be hard-pressed to find another professional with her depth of experience.”
Kerrigan joins Presidio from AutoStar, a subsidiary of iStar Financial Inc. (NYSE: SFI) and a leading provider of long-term financing to automotive retailers. At AutoStar, Kerrigan served as the firm’s lead loan originator and managed a $160 million portfolio of dealership loans and leases.
Previously, Kerrigan was the co-founder and CFO of Skye Automotive, LLC, a private equity and real estate firm focused on auto retail investing. She also has worked in private equity with The Edgewater Funds and in investment banking with Piper Jaffray. Kerrigan holds a BA from Northwestern University and an MBA from the UCLA Anderson School of Management. She writes a monthly column on business valuation, finance, and mergers and acquisitions for Dealer Magazine and is a frequent speaker at leading dealership conferences, including the National Automobile Dealers Association (NADA).
Brodie Cobb, CEO of Presidio, said, “We’ve had the opportunity to work closely with Erin over the years. She’s an impressive professional with a strong industry reputation. I’m very pleased that Presidio continues to attract top-flight talent such as Erin to extend our abilities in serving our clients’ needs.”
The Presidio Group’s automotive practice focuses on dealership transactions valued between $20 million and $200 million. Presidio’s professionals have advised on auto dealer related purchases, sales, and capital raises, totaling approximately $4 billion. The current edition of its Automotive Retail M&A Market Update, a leading source of information on auto retailers and acquisition activity, is available here.
About The Presidio Group LLC. The Presidio Group LLC is a personal and corporate financial services firm, and one of the nation’s leading wealth advisors with client assets of nearly $4 billion. Through its interconnected investment banking, private equity, wealth advisory, and family enterprise strategies units, Presidio is uniquely capable of addressing the lifecycle challenges of wealth – from its creation, through its retention and growth, to its transfer to successive generations. The firm’s principals have extensive experience running businesses and creating wealth of their own; their understanding and management of risk is unsurpassed. Presidio and its subsidiaries currently serve clients throughout the United States, through offices in San Francisco, Dallas, Los Angeles, and Chapel Hill. Presidio Merchant Partners LLC is a member of FINRA and SIPC. For more information about The Presidio Group, visit www.thepresidiogroupllc.com. For more information about its automotive practice, visit https://www.thepresidiogroupllc.com/PRESIDIO/WEB/me.get?web.websections.show&ABWS_778.