Scott-Macon’s Healthcare Group Advises ESI Employee Assistance Group on Its Sale

Medical Mutual of Ohio has purchased ESI Employee Assistance Group, and Scott-Macon New York served as financial advisor to the group. 

Led by Nate Cortright, the sale expands Scott-Macon’s lengthy record in the health care and medical services sector.

ESI, based in Wellsville, New York, is a provider of employee assistance programs in North America and was founded in 1983. The company supports more than 1,800 employer groups representing 600,000 employees.

Medical Mutual of Ohio is the oldest and largest health insurance company based in Cleveland, Ohio, and serves more than 1.6 million individuals.

Medical Mutual will incorporate ESI’s employee assistance program offerings into the company’s suite of products and services.

An independent investment bank, Scott-Macon offers advisory services on mergers and acquisitions, valuation, and debt and equity financing to companies in the middle market. The firm leverages its team’s expertise to help businesses further their strategic goals. Scott-Macon Securities Inc. is a registered broker-dealer and a member of FINRA and SIPC.

Scott-Macon’s Healthcare Group professionals have finalized more than 200 transactions in the field, including medical devices, health care providers and tech-enabled services.

Contact Nate Cortright at , schedule a call, or call him any time on his cell at (203) 246-6527 to discuss how Scott-Macon can assist you in reaching your business goals.