Cardiovascular Associates of America (CVAUSA), a portfolio company of Webster Equity Partners, announced on July 18 that it acquired Cardiovascular Associates.
Cardiovascular Associates operates out of two locations in Florida: Orlando and Kissimmee. According to its website, the practice is run by nine cardiologists.
CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians drive clinical care and their practice culture, while benefiting from the business expertise and shared resources available through CVAUSA. It was formed by Webster Equity Partners in 2021.
Through this transaction, Cardiovascular Associates will have the ability to expand services within its offices at affordable prices. Financial terms were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents the 306th Physician Medical Groups acquisition of 2023, 16 of them in the cardiology specialty. This additionally marks CVAUSA’s fifth transaction of 2023.
