Scott-Macon
Scott-Macon (operating as SMG Securities) is an independent New York-based investment bank providing M&A advisory, debt and equity financing, and valuation services to middle-market companies and private equity firms across five vertical sectors.
- Company typePrivate
- Founded1973
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Scott-Macon does
Scott-Macon (operating as SMG Securities) is an independent, FINRA/SIPC-registered investment banking firm headquartered in New York, providing M&A advisory, debt and equity financing placement, valuations and fairness opinions, and general corporate financial consulting to middle-market companies, private equity sponsors, and publicly traded corporations. The firm was founded in 1973 and conducted a 52-year run as Scott-Macon before spinning off its investment banking business to senior management in 2025, creating SMG Securities as the successor entity. Services are organized into five vertical industry groups: Business Services, Consumer Products & Retail, Healthcare/Medical/Pharmaceutical, Industrials, and Transportation & Logistics, with each group led by senior deal professionals and supported by a network of 100+ investment banking professionals worldwide.
The firm's business model is wholly transaction-based and advisory in nature, with revenue generated through M&A advisory fees, financing placement fees, and professional services fees for valuations and fairness opinions. There is no proprietary technology platform, software product, or recurring SaaS-style revenue stream; revenue is episodic and tied to deal closures. The firm sells exclusively through senior-led direct advisory relationships with corporate clients and financial sponsors, targeting the middle market segment with specialized sector expertise rather than competing on scale against bulge-bracket banks. Notable client relationships disclosed include American Axle, Arizona Public Service, Novartis Pharmaceutical, Johnson Controls, and PE sponsors Carlyle Group, Warburg Pincus, Providence Equity Partners, and GTCR. The Healthcare Group has completed over 170 transactions with aggregate value exceeding $5 billion, and senior banker Fabian Hassel has personally been involved in over $7.8 billion of M&A transactions and $6 billion of financings.
The firm operates as a private, management-owned entity following the 2025 spin-off, with no external private equity or venture capital ownership disclosed. Geographic reach is described as worldwide, with cross-border transaction capabilities anchored in North America and Europe. Marketing and client development are conducted through industry research publications (Healthcare Reviews, Business Services Updates) and direct professional networking rather than digital or paid channels.
Scott-Macon firmographics
Firmographics- Name
- Scott-Macon
- Legal name
- SMG Securities, Inc.
- Website
- https://scott-macon.com
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Scott-Macon (operating as SMG Securities) is an independent New York-based investment bank providing M&A advisory, debt and equity financing, and valuation services to middle-market companies and private equity firms across five vertical sectors.
- Ownership category
- akta.pro rank
Scott-Macon industry classification
Industry- Product category
- Investment Banking Advisory
- NAICS
- Investment Banking and Securities Intermediation (52315), Finance and Insurance (52)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Scott-Macon is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Scott-Macon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- M&A Advisory Fees: Transaction-based advisory fees for mergers and acquisitions services, including sell-side and buy-side mandates
- Financing Advisory: Fees for debt and equity financing placements
- Valuation Services: Fairness opinions and valuation advisory services
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Scott-Macon product offering
Product offeringCore offering
Scott-Macon/SMG Securities is an independent investment bank providing mergers and acquisitions advisory, debt and equity financing placement, business valuations and fairness opinions, and general corporate financial consulting. Services are organized by five industry vertical groups: Business Services, Consumer Products & Retail, Healthcare/Medical/Pharmaceutical, Industrials, and Transportation & Logistics. The firm serves middle-market corporate clients, private equity firms, and publicly traded companies across the U.S. and internationally.
Product overview
Scott-Macon (operating as SMG Securities) is an independent investment banking firm that provides advisory services rather than a technology product platform. The firm offers a unified set of investment banking services including Mergers & Acquisitions advisory, Debt & Equity Financing, Valuations & Fairness Opinions, and Advisory Services. These services are organized by industry vertical groups covering Business Services, Consumer Products & Retail, Healthcare Medical & Pharmaceutical, Industrials, and Transportation & Logistics sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Mergers & Acquisitions Advisory Senior-led M&A advisory services for both sell-side and buy-side mandates, advising corporate clients, private equity firms, and financial sponsors on transaction execution across the firm's industry verticals.
- Debt & Equity Financing Placement of debt and equity financings for corporate and private equity clients, including private placements, structured financings, and capital structure advisory across all industry verticals.
- Valuation & Fairness Opinions Business valuations and fairness opinions delivered to boards of directors, special committees, and shareholders in connection with M&A, recapitalizations, and other corporate transactions.
- Advisory Services General corporate financial consulting and strategic advisory services covering both domestic and international transactions, complementing the firm's M&A, financing, and valuation offerings.
Companies that use Scott-Macon
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles5 records
Scott-Macon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Scott-Macon partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
Scott-Macon competitors and assessment
Company assessmentEmerging players
- Cowen (acquired by TD): Middle-market M&A advisory with healthcare and consumer verticals prior to acquisition. Comparable in boutique structure and sector coverage though no longer independent.
Direct peers
- Houlihan Lokey: Leading middle-market M&A and financial restructuring advisor with strong sector coverage including healthcare and industrials. Closely comparable in client profile, deal-size sweet spot, and advisory-only model.
- Harris Williams: Middle-market M&A advisor with industry verticals (Healthcare, Industrials, Consumer, TMT) and a sponsor-driven book. Directly comparable in boutique M&A focus and vertical specialization.
- Lincoln International: Global middle-market M&A advisor with deep sector verticals (industrials, healthcare, business services) and a senior-led coverage model. Highly comparable in boutique structure and PE-sponsor focus.
Broad incumbents
- Stifel: Diversified brokerage and investment bank with middle-market advisory across healthcare, industrials, and consumer/retail. Larger and capital-markets-enabled, but overlapping in client profile.
- Piper Sandler: Diversified middle-market investment bank with M&A advisory across healthcare, industrials, and consumer. Larger scale with capital markets capabilities, but overlapping middle-market M&A coverage.
- Robert W. Baird: Private, employee-owned diversified financial services firm with middle-market M&A advisory in healthcare, industrials, and consumer. Similar culture and middle-market focus.
- Jefferies: Full-service investment bank with significant middle-market M&A advisory, equity capital markets, and sector verticals overlapping with Scott-Macon's coverage. Larger and more diversified.
- Raymond James: Diversified financial services firm with a sizable middle-market investment banking group serving healthcare, industrials, and consumer. Comparable client base with broader service mix.
Others
- AEA Investors (financial advisory comparison): Private equity firm with whom Scott-Macon co-invests in transactions; included for ecosystem relevance as a sponsor-client relationship exemplar rather than direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Scott-Macon social profiles
Digital presenceScott-Macon compliance and trust
Trust signalCompliance2 records
Scott-Macon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scott-Macon leadership team
Management profileNumber of profiles
Profiles4 records
Scott-Macon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Scott-Macon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Scott-Macon
What does Scott-Macon do?
Scott-Macon/SMG Securities is an independent investment bank providing mergers and acquisitions advisory, debt and equity financing placement, business valuations and fairness opinions, and general corporate financial consulting. Services are organized by five industry vertical groups: Business Services, Consumer Products & Retail, Healthcare/Medical/Pharmaceutical, Industrials, and Transportation & Logistics. The firm serves middle-market corporate clients, private equity firms, and publicly traded companies across the U.S. and internationally.
Is Scott-Macon a public or private company?
Scott-Macon is a private company. It is classified as management employee owned and is currently operating.
When was Scott-Macon founded?
Scott-Macon was founded in 1973. It employs 51 to 100 people.
Where is Scott-Macon based?
Scott-Macon is headquartered in New York, United States, in the North America region.
How does Scott-Macon make money?
Three revenue lines are on record. M&A Advisory Fees are the primary driver. The others are financing Advisory and valuation Services.
Who are Scott-Macon's main competitors?
Cowen (acquired by TD) is listed as an emerging player. Direct peers are Houlihan Lokey, Harris Williams and Lincoln International. Broad incumbents are Stifel, Piper Sandler, Robert W. Baird, Jefferies and Raymond James. AEA Investors (financial advisory comparison) is listed as an others.
Does Scott-Macon have an API?
No public API is recorded for Scott-Macon.
What industry is Scott-Macon in?
Scott-Macon's product category is Investment Banking Advisory. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 52315 and its SIC code is 6211.