SAN FRANCISCO--(BUSINESS WIRE)--The Presidio Group, a leading merchant bank and investment banking advisor in the retail automotive sector, has hired Stephane Ferri as Principal. Ferri’s responsibilities will include a strong focus in technology, M&A, and principal investing activities at Presidio. He will be located in Presidio’s Atlanta office.
Prior to joining Presidio, Stephane served as Senior Vice President of Flexdrive LLC, which recently sold to Lyft, Inc. (NASDAQ: LYFT). He was previously employed with Cox Automotive Inc. for 8 years, leading some of the largest sales divisions for AutoTrader and Kelley Blue Book. Prior to Cox Automotive, he spent 12 years with Asbury Automotive Group, Inc. (NYSE: ABG) as Director of Digital Marketing. Stephane has been able to bridge the gap between retailer, vendor and OEM while utilizing leading edge technology.
“Stephane’s extensive digital and technology experience in the automotive industry brings a unique skillset to the Presidio team,” said Brodie Cobb, Presidio’s CEO. Cobb added, “I look forward to Stephane adding value to our traditional client engagements in automotive retail, while expanding our client base to include technology and other businesses that support automotive dealers.”
“This is an exciting time to be participating in the automotive retail, digital technology and consumer mobility industries,” said Ferri. “It’s an honor to join the high-powered Presidio team that focuses on being a thought-leader and insightful advisor to its clients.”
The Presidio Group provides M&A advisory services through its wholly-owned investment bank, Presidio Merchant Partners LLC.
The Presidio Group LLC was founded in 1998 with the simple mission to relentlessly put the interests of our clients first. By steadfastly adhering to this philosophy, the firm has earned the trust of clients throughout the United States. To date, Presidio has closed 90 auto retail transactions worth more than $5.2 billion and is a leader in the automotive retail sector. They also publish Presidio’s Where the Rubber Meets the Road, a leading source of information about the automotive retail landscape and the automotive retail M&A environment. The Presidio Group is based in San Francisco, CA. Presidio Merchant Partners LLC is a subsidiary of The Presidio Group LLC and is a member of FINRA and SIPC. For more information on Presidio, visit www.thepresidiogroup.com.