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B. Riley Serves as Sell-Side M&A Advisor to Heart & Vascular Center of Arizona

byIan Koplin
December 1, 2023
in News

B. Riley Securities, a middle-market investment bank and subsidiary of B. Riley Financial, served as sell-side M&A advisor to Heart & Vascular Center of Arizona (HVCA), an independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America.

HVCA offers a suite of cardiovascular services, including cardiology, electrophysiology, vein and vascular treatments, ambulatory surgery, office-based lab solutions, and cardiovascular imaging to a patient base across three clinical locations and numerous hospitals in the Phoenix metropolitan area.

Cardiovascular Associates of America, a portfolio group of Webster Equity Partners, is a physician-led network committed to leading cardiology into a value-based future that benefits patients, partnering with payers, primary care groups and more to transform care delivery.

B. Riley’s deal team was led by Ben Matz and Adam Fitzmaurice, and included Jonathan Beygelman and Jack Baldner.

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