Davies Group Purchases Northshore International Insurance Services
Scott-Macon's Healthcare Group acts as exclusive financial advisor to Northshore International Insurance ServicesJanuary 2021
Scott-Macon, an investment bank specializing in mergers and acquisitions advisory services, has announced the sale of its client, Northshore International Insurance Services to Davies Group, an international professional services firm. Northshore is a leading provider of audit, claims management, subrogation management and consulting services within the insurance sector. The transaction, led by Nate Cortright, extends the firm’s track record in the insurance services sector.
“Northshore is a good fit for Davies, expanding the company’s footprint in the US market as well as offering new product lines within the life & health and property & casualty segments,” said Nate Cortright, a managing director and head of the Healthcare Group at Scott-Macon. “With this acquisition Davies is poised to become one of the preeminent providers of insurance services in the United States.”
Northshore has been a leading provider of insurance services for over 25 years. The company has helped a wide range of insurance clients better understand and manage their risks through audits, claims management and consulting services.
Davies Group is a professional services company that provides operations, technology and consulting solutions across the risk and insurance industry. Davies is based in the UK with offices in the UK, Ireland, US, Canada, and Bermuda.
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.