Bankers Healthcare Group, LLC
Company typePrivate
IndustryFinancial services
Founded2001
FounderEric Castro, Bobby Castro, Albert Crawford
HeadquartersDavie, Florida
Area served
United States
Websitebhgfinancial.com

BHG Financial, LLC, formerly known as Bankers Healthcare Group[1], is an American company with its corporate headquarters in South Florida, Broward County, in the town of Fort Lauderdale, Florida[2]. The company’s financial headquarters is in Syracuse, New York.[3]

The company provides financial solutions to professionals and financial institutions, as well as risk and regulatory management services and private equity and venture capital valuation processes.[4]

BHG Financial is 49% owned by Pinnacle Financial Partners (PNFP) headquartered in Nashville, Tennessee.[5]

History

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The company was co-founded in 2001 as Bankers Healthcare Group, Inc.[6] under the leadership of co-founding partners Bobby Castro,[7] Eric Castro and Al Crawford.[8]

In February 2015, Pinnacle Financial Partners, acquired a 30 percent interest in BHG for $75 million.[9] In February 2016, Pinnacle purchased an additional 19% of BHG for $144 million worth of cash and stock.[10]

In March 2024, the company appointed Tyler Crawford as its first president.[11]

Founders

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Albert Crawford has a background in securitizations. He met brothers Eric Castro and Robert Castro in 2001, and they formed Bankers Healthcare Group.[4]

References

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  1. ^ Staff, deBanked. "BHG Financial Tightening Its Credit Box, Dealing With Tough Environment". deBanked. Retrieved 2024-05-23.
  2. ^ Bojnansky, Erik (2022-07-20). "Fintech expands in Fort Lauderdale, plans to employ 100". www.bizjournals.com. Retrieved 2024-05-23.
  3. ^ "Bankers Healthcare Group CEO has a "dream" with firm's upcoming expansion". www.cnybj.com. 2019-10-18. Retrieved 2024-05-23.
  4. ^ a b "Bankers Healthcare Group Inc". www.bloomberg.com. Retrieved 2024-05-23.
  5. ^ Lincoff, Nina (2015-02-19). "Majority interest of Davie healthcare group acquired by Nashville company for $75M". www.bizjournals.com. Retrieved 2024-05-23.
  6. ^ "Bankers Healthcare Group Inc". Bloomberg.
  7. ^ "Bankers Healthcare Group Settles in at its New Corporate Headquarters in South Florida". Bankers Healthcare Group. December 2, 2012.
  8. ^ "How Albert Crawford and his partners delegate to a new leadership to grow Banker's Healthcare Group - Smart Business Magazine". Smart Business Magazine. Retrieved 2018-10-19.
  9. ^ Lincoff, Nina. "Majority interest of Davie healthcare group acquired by Nashville company for $75M". South Florida Business Journal. Retrieved 16 April 2015.
  10. ^ Minaya, Ezequiel. "Pinnacle Financial to Raise Stake in Bankers Healthcare Group to 49%". WSJ. Wall Street Journal. Retrieved 17 March 2016.
  11. ^ Bojnansky, Erik (2024-03-06). "BHG Financial names new president". www.bizjournals.com. Retrieved 2024-05-23.