DENVER & ATLANTA--(BUSINESS WIRE)--Jul 17, 2024--
The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, announces the appointment of Kevin Tynan as Director of Research, responsible for market insights, content creation and client engagement focused on the U.S. franchised dealer network and automotive technologies segments.
Mr. Tynan joins Presidio with 25 years of experience as an automotive investment analyst and an award-winning career that began on Wall Street in 2000. A turbulent time in the U.S. auto industry, Mr. Tynan’s first views of the landscape included the Ford vs. Firestone dispute, the terrorist attacks of 9/11 and a set of domestic automakers with oppressive cost structures and debt levels.
Crisis-tested within a few years, Mr. Tynan’s bearish view of the industry made him the No. 2 ranked automobile manufacturing sector analyst by Forbes/StarMine in 2004 and 2005. In 2007, The Financial Times/StarMine rated Mr. Tynan as the top stock picker in the automobile parts supplier sector. In April 2007, CNN Money quoted him as calling a GM bankruptcy ‘inevitable’, approximately two years before the company filed Chapter 11 in June 2009.
Mr. Tynan joined Bloomberg in 2009 as the one of the first employees of Bloomberg Industries where he designed, built and maintained global automotive coverage for North America, Europe and Asia-based automakers. The unit became Bloomberg Intelligence as the coverage team expanded to put analyst teams on the ground in each region.
Mr. Tynan is a regular presenter on automotive and financial television, radio and podcasts. He is recurring public speaker at industry events and company teach-ins, as well as at many dealership state association conventions. He has provided keynote addresses for AL, DC, KY, LA, MD, MI, MN, MS, NJ, OH, TN, VA, WV and at NADA.
“I’m very excited to join the Presidio family,” said Tynan. “Decades spent watching, researching and analyzing the auto industry have led me to the place where I can learn from and interact with the advisors orchestrating the deals, the technologists creating the products and the franchised dealers moving the metal every day.”
About The Presidio Group LLC
The Presidio Group 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. During their careers, the professionals at Presidio have collectively closed more than 275 transactions for over $18.5 billion. The Presidio Group, based in Denver and Atlanta, publishes Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends , a leading source of information about the automotive retail landscape. 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 .
View source version on businesswire.com: https://www.businesswire.com/news/home/20240717921570/en/
CONTACT: Brodie Cobb
(720) 844-3151
bcobb@thepresidiogroup.com
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA COLORADO
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BUSINESS AUTOMOTIVE GENERAL AUTOMOTIVE DATA ANALYTICS FINANCE
SOURCE: The Presidio Group LLC
Copyright Business Wire 2024.
PUB: 07/17/2024 10:02 AM/DISC: 07/17/2024 10:02 AM
http://www.businesswire.com/news/home/20240717921570/en
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