Investment bank Piper Sandler Companies named James Reilly managing director of its Minneapolis office. In his new role, Reilly will co-lead investment coverage of the vehicle aftermarket.

Prior to joining Sandler, Reilly was managing director at Lazard, where he covered the automotive aftermarket. He has more than 10 years of investment banking experience advising public and private companies, as well as advising financial sponsors on mergers and acquisitions, divestitures, leveraged buyouts, growth capital raises and financing.

“Jim’s vast experience in the aftermarket provides him with first-hand knowledge of the aftermarket and makes him well-qualified to lead this growing area of our business,” said Matt Sznewajs, co-head of diversified industrials and services investment banking.