Medical Mutual Purchases ESI Employee Assistance Group

Scott-Macon's Healthcare Group Group acts as exclusive financial advisor to ESI Employee Assistance Group

March 2021

Scott-Macon, an investment bank specializing in mergers and acquisitions advisory services, has announced the sale of its client, ESI Employee Assistance Group to Medical Mutual of Ohio, an American mutual health insurance company. ESI is a leading provider of employee assistance programs (EAPs) nationwide. The transaction, led by Nate Cortright, extends the firm’s track record in the health care services sector.

“ESI is a strong cultural fit for Medical Mutual and its clients. Both companies share a common set of values and prioritize providing value-added benefits to employees and employers,” said Nate Cortright, a managing director and head of the Healthcare Group at Scott-Macon. “The partnership between the two businesses provides a compelling value proposition for any employer group going forward.”

ESI has been a leading provider of employee assistance programs in North America for over 15 years. Focusing on providing high value benefits with high utilization and client satisfaction has set the company apart from other EAP providers in the industry.

Medical Mutual of Ohio is an American mutual health insurance company. It is the oldest and largest health insurance company based in Cleveland, Ohio, and serves more than 1.6 million customers.

Scott-Macon, an independent investment bank, provides advisory services on mergers and acquisitions, valuation and debt and equity financing to businesses throughout the middle market. The firm leverages the expertise of its team to help clients achieve outcomes that support their objectives and further their strategic goals. Scott-Macon is committed to providing clients with thoughtful and objective advice and building meaningful, durable relationships. Scott-Macon Securities Inc. is a registered broker-dealer and member of FINRA and SIPC.

Scott-Macon’s Healthcare Group professionals have completed over 200 transactions across a variety of verticals, including medical devices, outsourced services, health care providers and tech-enabled services.

For more information on Scott-Macon’s Healthcare Group and other recent transactions, visit the Healthcare Group section of the Scott-Macon website. Contact Nate Cortright at , schedule a call, or call him any time on his mobile at (203) 246-6527 to discuss how Scott-Macon can assist you in achieving your business objectives.

Read full press release from Medical Mutual of Ohio.