Taseer Badar

Last updated

Taseer Badar
Taseer-badar.jpg
Born
Taseer A. Badar

(1973-10-01) October 1, 1973 (age 51)
Lahore, Pakistan
NationalityAmerican
Alma mater Texas A&M University
Occupation(s)Chairman and chief executive officer of ZT Corporate & Altus Health
SpouseZohra R. Badar
Children1
Website ztwealth.com/carousel_item/taseer-badar-ceo/

Taseer A. Badar is an American entrepreneur, businessman and philanthropist. Badar is chairman and chief executive officer [1] of ZT Corporate, Inc., as well as many other Altus Health and ZT Corporate entities.

Contents

Badar's companies earned twelve non-consecutive Texas A&M "Aggie 100" awards between 2007 and 2022. [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] He has won or been featured on the Houston Business Journal's 40 Under 40 (2012), [23] Ernst & Young Entrepreneur of the Year Award winner (2016), [24] and The South Asian Chamber of Commerce (SACC) Businessperson of the Year Award (2018). [25]

Early life and education

The youngest of four siblings, Taseer Badar was born October 1, 1973, in Lahore, Pakistan, where he spent the first 10 months of his life before immigrating to Eau Claire, Wisconsin. His mother, Kausar, was a Nuclear Medicine Technologist Professor in Chemistry at VA Medical Center in her native home in Pakistan, and his father, Tanwir, was a Professional Engineer (PE) and Associate Professor at King’s College London in Strand, London. [26]

While enrolled at Humble High School, he began a lawn mowing business. Later, at Texas A&M University, where he earned his Bachelor of Business Administration in Entrepreneurship and Finance from the Mays School of Business, he ran a toner company that shipped to clients. [27]

Career

In 1996, Badar began his financial advisor career with Morgan Stanley Dean Witter & Co. in New York City, where he built strong relationships with his clients. Shortly after, he returned to Houston, began a retail brokerage firm, and began working with physicians who needed help investing their money.

Badar founded Altus Health in 2003, beginning with facilities specializing in imaging, sleep, and related surgeries. In 2014, as CEO of Altus Health, Badar opened Altus House, the first in-patient hospice unit in Sugar Land, TX. ZT Corporate exited this hospice in 2019. [28]

That year, Badar ventured into Florida and purchased several dealerships, including Mercedes, BMW, Toyota, Kia, and Mazda vehicles. This collection would soon become ZT Motors, now known as ZT Automotive.

Altus Healthcare System, a company owned by Badar, acquired six freestanding emergency centers in the Houston area, previously owned by Neighbors Health, in November 2018. [29] Badar stated, "This acquisition allows our community to continue to access exemplary medical care… [that shares] our dedication to patients, culture, and community.”

To further expand his business endeavors, Badar began a partnership with Swapnil Agarwal, Founder and Managing Principal of Nitya Capital, in 2020.

Badar was named one of the Five Most Admired CEOs by the Houston Business Journal in 2021. [30] Additionally, ZT Corporate was ranked number 99 on the Houston Business Journal’s 2021 Fast 100. [31]

In 2022, then-Mayor of Houston Sylvester Turner spoke on the notability and importance of Taseer Badar’s company, ZT Corporate. He stated, “ZT Corporate is a vital asset to [Houston] citizens as a longtime local employer and has positively affected many lives through [its] healthcare organizations and philanthropic efforts.” [32]

The Houston Business Journal named ZT Corporate number four on the list of the largest Houston-area venture capital and private equity firms for 2023, [33] number one on the list of 2023’s largest Houston-area minority-owned businesses, [34] and number one on the 2023 list of the largest Houston-area Asian-owned businesses. [35] Furthermore, ZT Automotive was included on the Top 150 Dealership Groups of 2023 from Automotive News. [36]

Furthermore, in 2023, ZT Corporate completed a strategic management buyout of ZT Motors, followed by Badar’s assumption of an active role as ZT Motors’s CEO. [37]

Additionally, Badar’s portfolio company, Altus Community Healthcare, acquired Exceptional Emergency Center in 2023. [38] This acquisition of 14 freestanding emergency rooms across Texas brought Badar’s portfolio of freestanding ERs up to 30, making Altus Community Healthcare the largest operator of freestanding ERs in Texas.

Badar’s ZT Corporate was named the largest Houston-area minority-owned business by the Houston Business Journal for 2024 ahead of further growth. [39] Shortly after earning this title, ZT Corporate's ZT Automotive acquired four additional automotive dealerships from Greenway Automotive of Orlando. [40]

In October of 2024, Taseer Badar was again included on the Aggie 100 list for 2024. With this addition, Badar was granted the distinction of receiving the highest number of Aggie 100 trophies by one leader with 34 trophies. [41] [42]

Philanthropic Efforts

In 2017, Badar founded ZT Baseball, a non-profit organization that provides opportunities and exposure for young baseball players while competing on the highest level. Working with more than 100 teams and 130 coaches throughout Arizona, California, Louisiana, Nevada, and Texas, the organization focuses on college placement and skill development and prioritizes its affordability for players and families.

ZT Baseball Foundation has benefitted more than 500 athletes to date by removing the financial challenges of tournament costs, uniforms, travel, accommodation, training at world-class facilities, equipment, access to high-profile coaches, and more. [43]

At the 2023 Chairman’s Gala, an annual celebration hosted by ZT Corporate, Badar and attendees raised funds for the ZT Baseball Foundation.

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References

  1. ↑ "Taseer A. Badar: Executive Profile & Biography". Bloomberg L.P. Retrieved September 22, 2017.
  2. ↑ "2007 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  3. ↑ "2008 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  4. ↑ "2009 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  5. ↑ "2010 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  6. ↑ "2012 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  7. ↑ "2013 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  8. ↑ "2014 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  9. ↑ "2015 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  10. ↑ "2016 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  11. ↑ "2017 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  12. ↑ "2021 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  13. ↑ "2022 Honorees". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  14. ↑ "ZT Financial Network, Inc". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  15. ↑ "ZT Global Investments, Inc". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  16. ↑ "ZT Leasing, Inc". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  17. ↑ "ZT Wealth, LLC". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  18. ↑ "ZT Group Business Center One Pearland, LP". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  19. ↑ "Altus Noble Hospice, LP". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  20. ↑ "Altus Infusion, LP". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  21. ↑ "Altus Lumberton". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  22. ↑ "Altus Community Healthcare". McFerrin Center for Entrepreneurship. Retrieved February 6, 2024.
  23. ↑ "How HBJ's 40 Under 40 made their first buck". The Business Journals. Retrieved September 22, 2017.
  24. ↑ "EY names 2016 Entrepreneur of the Year winners for Gulf Coast area". The Business Journals. Retrieved September 22, 2017.
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  26. ↑ "Prosperous businessman paves way for new entrepreneurs". Mays Impacts. Retrieved July 17, 2018.
  27. ↑ "A matter of trust: Taseer Badar has changed the way physicians invest". CultureMap Houston. Retrieved July 17, 2018.
  28. ↑ Mathews, Chris (January 24, 2020). "Wealth of Opportunity: ZT Corporate's founder doesn't shy away from new endeavors". Houston Business Journal. Retrieved April 17, 2024.
  29. ↑ Pulsinelli, Olivia (November 8, 2018). "Houston co. acquires 6 Neighbors Emergency Centers out of bankruptcy court". Houston Business Journal. Retrieved April 17, 2024.
  30. ↑ Staff, Houston Business Journal (August 26, 2021). "Meet 5 of HBJ's 2021 Most Admired CEOs: Joe Alapat, John Allen, Taseer Badar, Kevin Boyle, Sara Brook". Houston Business Journal. Retrieved April 17, 2024.{{cite web}}: |first= has generic name (help)
  31. ↑ Barrientos, Margaret (September 23, 2021). "2021 Houston's Fast 100". Houston Business Journal. Retrieved April 17, 2024.
  32. ↑ Egan, John (May 16, 2022). "Houston ranks as No. 3 city for Asian American entrepreneurs". Houston Innovation Map. Retrieved April 17, 2024.
  33. ↑ Loy, Wyatt (April 28, 2023). "2023 Largest Houston-area venture capital and private equity firms". Houston Business Journal. Retrieved April 17, 2024.
  34. ↑ Loy, Wyatt (March 31, 2023). "2023 Largest Houston-area minority-owned businesses". Houston Business Journal. Retrieved April 17, 2024.
  35. ↑ Loy, Wyatt (May 5, 2023). "2023 Largest Houston-area Asian-owned businesses". Houston Business Journal. Retrieved April 17, 2024.
  36. ↑ News, Auto (April 1, 2023). "Automotive News Top 150 Dealership Groups (2023)". Automotive News. Retrieved April 17, 2024.{{cite web}}: |last= has generic name (help)
  37. ↑ France, Chandler (September 5, 2023). "ZT Corporate hires former group 1 manager for ZT Motors' newly created leadership role". Automotive News. Retrieved April 17, 2024.
  38. ↑ Thomas, Nick (July 6, 2023). "13 healthcare mergers and acquisitions making headlines in June". Becker's Hospital Review. Retrieved April 17, 2024.
  39. ↑ Loy, Wyatt (April 1, 2024). "2024 Largest Houston-area minority-owned businesses". Houston Business Journal. Retrieved April 17, 2024.
  40. ↑ "ZT Corporate buys 4 Greenway Automotive car dealerships". www.autonews.com. Retrieved October 29, 2024.
  41. ↑ "2024 Honorees". McFerrin Center for Entrepreneurship. Retrieved October 29, 2024.
  42. ↑ "Elevating Entrepreneurship". www.txamfoundation.com. Retrieved October 29, 2024.
  43. ↑ "A Night of Celebration, ZT Corporate's Chairman's Gala Toasts Year of Achievements and the Path to Future Successes". Business Wire. Retrieved April 17, 2024.
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