Pinnacle Financial invests $75 mln in Bankers Healthcare Group

Pinnacle Financial Partners Inc. has acquired a 30 percent stake in Bankers Healthcare Group Inc. for $75 million. The deal closed Feb. 4. Davie, Florida-based Bankers Healthcare provides commercial loans to healthcare professionals. Deloitte Corporate Finance LLC provided financial advice to Bankers Healthcare. Sandler O'Neill + Partners LP served as financial advisor to Pinnacle.

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