CADENCE BANK EXPANDS HEALTHCARE BANKING GROUP
FOR IMMEDIATE RELEASE
Contact: Danielle Kernell Cadence Bank, N.A. 713-871-4051 direct | 713-392-7709 mobile [email protected]
CADENCE BANK EXPANDS HEALTHCARE BANKING GROUP Team Has Committed $400 Million to Healthcare Companies in Nashville and Across the Southeast Since Formed in 2012
NASHVILLE, Tenn., April 29, 2013 — Drew Healy joins Cadence Bank as senior vice president, Healthcare Banking, where he is charged with helping to expand the Healthcare group within Nashville and across the U.S. through industry-leading and growth-oriented solutions combined with a consultative approach. “We are thrilled that Drew has joined our team,” said Bill Crawford, executive vice president, Healthcare Banking at Cadence, who launched the group in March 2012. “His financial services background and knowledge of the healthcare industry will serve our healthcare clients well as they seek to grow and better manage their businesses.” Since its formation one year ago, Cadence’s Healthcare Banking group has grown to include three experienced bankers and commitments in excess of $400 million to healthcare companies, supporting growth, acquisition and recapitalization. Of the 15 relationships this encompasses, six are with Nashville-based companies, and nine with companies in Texas and across the Southeast. Prior to joining Cadence, Healy spent 11 years at Avondale Partners, a boutique investment bank with a focus on the healthcare industry. He most recently served as managing director, head of institutional equity sales at Avondale, and prior to that was in the research department at SunTrust Equitable Securities. Healy began his career as a credit analyst with First American Bank, where he completed the credit analyst training program. Actively involved in the community, Healy serves on the board of directors for Cumberland Heights. He received his B.B.A. in Finance from the University of Georgia. About Cadence Bank Cadence Bank, N.A., based in Birmingham, Ala., is a $5.7 billion bank with more than 100 locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 126 years of financial expertise, Cadence serves commercial and consumer clients with a full range of innovative banking and financial solutions designed to keep pace with their lives. These products and services include commercial and consumer banking, small business banking, treasury management, international banking, specialized lending, commercial real estate, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance,
consumer loans, mortgages, home equity lines and loans, and credit cards. Cadence Bank and its affiliates, Linscomb & Williams and Cadence Insurance Agency, are wholly owned subsidiaries of Houston-based Cadence Bancorp, LLC. Additional information about Cadence Bank is available at cadencebank.com. Cadence Bank, N.A. Member FDIC. Equal Housing Lender. ###
Contact: Danielle Kernell Cadence Bank, N.A. 713-871-4051 direct | 713-392-7709 mobile [email protected]
CADENCE BANK EXPANDS HEALTHCARE BANKING GROUP Team Has Committed $400 Million to Healthcare Companies in Nashville and Across the Southeast Since Formed in 2012
NASHVILLE, Tenn., April 29, 2013 — Drew Healy joins Cadence Bank as senior vice president, Healthcare Banking, where he is charged with helping to expand the Healthcare group within Nashville and across the U.S. through industry-leading and growth-oriented solutions combined with a consultative approach. “We are thrilled that Drew has joined our team,” said Bill Crawford, executive vice president, Healthcare Banking at Cadence, who launched the group in March 2012. “His financial services background and knowledge of the healthcare industry will serve our healthcare clients well as they seek to grow and better manage their businesses.” Since its formation one year ago, Cadence’s Healthcare Banking group has grown to include three experienced bankers and commitments in excess of $400 million to healthcare companies, supporting growth, acquisition and recapitalization. Of the 15 relationships this encompasses, six are with Nashville-based companies, and nine with companies in Texas and across the Southeast. Prior to joining Cadence, Healy spent 11 years at Avondale Partners, a boutique investment bank with a focus on the healthcare industry. He most recently served as managing director, head of institutional equity sales at Avondale, and prior to that was in the research department at SunTrust Equitable Securities. Healy began his career as a credit analyst with First American Bank, where he completed the credit analyst training program. Actively involved in the community, Healy serves on the board of directors for Cumberland Heights. He received his B.B.A. in Finance from the University of Georgia. About Cadence Bank Cadence Bank, N.A., based in Birmingham, Ala., is a $5.7 billion bank with more than 100 locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 126 years of financial expertise, Cadence serves commercial and consumer clients with a full range of innovative banking and financial solutions designed to keep pace with their lives. These products and services include commercial and consumer banking, small business banking, treasury management, international banking, specialized lending, commercial real estate, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance,
consumer loans, mortgages, home equity lines and loans, and credit cards. Cadence Bank and its affiliates, Linscomb & Williams and Cadence Insurance Agency, are wholly owned subsidiaries of Houston-based Cadence Bancorp, LLC. Additional information about Cadence Bank is available at cadencebank.com. Cadence Bank, N.A. Member FDIC. Equal Housing Lender. ###
