Scott-Macon Group, Inc. Hires Leading Consumer Products and Retail Investment Banker

Scott-Macon Group, Inc., one of the oldest, independently-owned investment banks principally serving the mid-market, announced today that consumer products and retail investment banker, Scott M. Silverman, has joined the firm as Managing Director. Mr. Silverman will lead the firm’s investment banking activities in the consumer and retail sectors.

Scott Silverman specializes in mergers and acquisitions and has more than 20 years of experience advising both strategic companies and financial sponsors on all aspects of M&A, both healthy and distressed. He has executed domestic, international, and cross-border transactions with a combined deal value of more than $15 billion. Mr. Silverman has acted as financial advisor to Boards of Directors, Special Committees, and/or principal shareholders in the purchase or sale of numerous businesses in a variety of industries, identifying, analyzing, and recommending strategic and financial alternatives and opportunities.

Robert B. Dimmitt, Senior Managing Director, stated, “With the continued strengthening of the consumer sector, we sought to establish the strongest possible senior banker to lead us in this critical area. With Scott’s depth of experience and track record of service to his clients, he is an outstanding choice to spearhead this effort. Major consumer and retail companies have long valued sound independent advice in the context of mergers and acquisitions. ”

Prior to joining Scott-Macon, Mr. Silverman was a Managing Director and Head of Consumer and Retail Investment Banking at Westbury Group, LLC, Managing Director at CDG Group in New York where he led the M&A practice, and a Vice President in the Mergers & Acquisitions Group at Credit Suisse First Boston in New York. Mr. Silverman also previously worked in Ernst & Young LLP’s Corporate Finance Group in New York and Moscow where he started his career in corporate finance in 1993.

Mr. Silverman holds a BA in History (Honors) from Brown University and received his Business Diploma from The London School of Economics and Political Science. In addition, he has lectured on various topics related to valuation and mergers and acquisitions.