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Scott-Macon Advises on Combination of Two Third Party Administrators



14-Feb-2011


Health & Welfare Benefit Systems, based in Roanoke, Virginia, has become a wholly-owned subsidiary of The Boon Group.  Health & Welfare Benefit Systems is a leader in designing and administering self-funded and fully insured health care and retirement plans.  The Boon Group, based in Austin, Texas, is a Third Party Administrator that develops and administers fully insured and self insured medical, dental, disability and vision plans.

Scott-Macon’s Healthcare Investment Banking Group initiated this transaction and acted as the exclusive financial advisor to Health & Welfare Benefit Systems.