IRVINE, Calif.--(BUSINESS WIRE)--Kerrigan Advisors, the leading buy/sell advisory firm to auto dealers in the US, today announced the appointment of Phil Brady as Senior Advisor to the firm. Brady will put his deep experience and extensive relationships in automotive retail to work as an advisor to Kerrigan Advisors and its clients for generational transitions and corporate planning.
“It’s impossible to overstate the value of adding Phil Brady to the Kerrigan Advisors team,” said Ryan Kerrigan, Managing Director of Kerrigan Advisors. “Few, if any, understand the automotive retail space better, nor the needs of dealers when it comes to managing the complexities of their businesses, whether it’s a legislative issue, an economic challenge or planning for the future, particularly as our industry evolves.”
That experience will add immediate value to Kerrigan clients. “Phil brings with him the experience of industry leadership during some of the toughest times our industry has ever seen,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. “In leading NADA through 2012, he navigated auto retail through collapsing sales, a brutal financial market, and OEM bankruptcies. It’s this sort of depth of industry understanding and perspective that Kerrigan clients will really benefit from as they consider their business’ future in today’s consolidating auto retail market, whether that means passing to the next generation, gearing up for growth or considering a sale.”
As a Senior Advisor, Brady adds insight and perspective based on his automotive and legislative background, advice that will be especially valuable in helping dealers navigate the changes and complexities of today’s automotive retail landscape. “It’s a privilege and a pleasure to be associated with Kerrigan Advisors, the well-recognized consummate professionals in representing dealers as they evaluate strategic options for their businesses,” said Brady. “I very much look forward to re-engaging with my many friends and colleagues in the auto retail industry.”
Brady was President of NADA from 2001 to 2012, and served as Deputy Counsel to the President during the Reagan Administration and Assistant to the President and Staff Secretary in the White House from 1991 to 1993 under President George H.W. Bush, as well as General Counsel to the US Department of Transportation. He retired in 2015 as Senior Vice President for Government Affairs at Phillips 66 and is now an adjunct professor at Catholic University of America’s Columbus School of Law in Washington, D.C. Brady, a cum laude graduate of both the University of Notre Dame and Loyola University School of Law, practiced law in California before entering government in Washington, D.C.
About Kerrigan Advisors
Kerrigan Advisors is a national dealership buy/sell advisory firm focused on providing a high level of client service for dealership sellers. Led by a team of veteran advisors who have represented transactions totaling over $2.5 billion in automotive, private equity and investment banking, Kerrigan Advisors customizes each sale process to maximize the seller’s transaction proceeds. With the most comprehensive buyer database in the industry, Kerrigan Advisors has the industry context and expertise to match each seller with the right buyer.
In addition to the monthly Kerrigan Auto Retail Index, each quarter, Kerrigan Advisors publishes The Blue Sky Report®, a Kerrigan Quarterly, which is the auto industry's most comprehensive and authoritative quarterly report and analysis of dealership buy/sell activity and franchise values. Kerrigan Advisors’ Managing Director Erin Kerrigan is a recognized industry expert on dealership valuation, real estate and buy/sells, and is a frequent speaker at leading auto retail events and conferences, including NADA, JD Power Automotive Roundtable, AICPA, NADC and Driving Sales’ President’s Club. She has also been a keynote speaker for events hosted by American Honda Motor Company, Audi of America, US Trust, Ohio Automobile Dealer Association, and SunTrust Bank and has led webinars for NADA and Automotive News. Her expertise is also featured in a monthly column for Dealer Magazine.