PHI Group Background
Originally incorporated as JR Consulting, Inc., the Company was foremost engaged in mergers and acquisitions. In 2000 it merged with a California-based financial services company and changed the corporate name to Providential Holdings, Inc. Subsequently, in April 2009, the Company changed its name to PHI Group, Inc.
During the previous decade, the Company and its subsidiaries were engaged in mergers and acquisitions advisory and consulting services, real estate and hospitality development, mining, oil and gas, telecommunications, technology, healthcare and private equity.
Recently, the Company has been focused mainly on acquisitions and buyouts as a principal in select industries, investing in special situations that may potentially leapfrog shareholder value, and providing corporate and project finance services, including merger and acquisition (M&A) advisory and consulting services for other companies.