Scott-Macon Advises on Combination of Two Third Party Administrators
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.