Cardiovascular Associates of America Acquires Novolink Health

Cardiovascular Associates of America Acquires Heart & Vascular Center of Arizona

November 30, 2023

Healthcare Services

Cardiovascular Associates of America (CVAUSA), a physician-led network backed by Webster Equity Partners, has acquired Heart & Vascular Center of Arizona (HVCA), an independent cardiovascular practice with multiple clinical locations in the Phoenix metropolitan area. B. Riley Securities served as sell-side M&A advisor to HVCA on the transaction.

Velocity Clinical Research Acquires VitaLink Research and National Research Institute

September 22, 2021

Healthcare Services

Durham-based Velocity Clinical Research acquired two multi-site clinical research companies—VitaLink Research (six sites in South Carolina) and National Research Institute (five sites in the Los Angeles area)—adding 11 sites to its network. The deal expands Velocity's therapeutic reach and patient recruitment capabilities, creating one of the largest fully integrated site management organizations in the U.S.

Sarnova (Cardio Partners) Acquires Allied 100

September 7, 2021

Healthcare Services

Sarnova, through its Cardio Partners business and with USD 210m equity funding from Patricia Industries, has acquired Allied 100 and will combine it with Cardio Partners to form a new Sudden Cardiac Arrest solutions unit. The add-on transaction (total consideration ~USD 290m) expands Sarnova's AED product, training and program-management capabilities for professional and civilian first responder markets.

Novolex Acquires Flexo Converters USA, Inc.

July 1, 2021

Packaging

Novolex, a portfolio company of The Carlyle Group, has acquired Flexo Converters USA, Inc., a family-owned manufacturer of stock, custom and recycled paper bags and sacks headquartered in Meriden, Connecticut, with an additional plant in Monroe, Georgia. Flexo's products will be sold under the Novolex Duro Bag brand and the acquisition adds production capacity to support rising demand from foodservice and grocery customers; eligible full‑time Flexo employees will join Novolex.

VitalHub Acquires Novari Health

July 7, 2025

Healthcare Services

VitalHub Corp. has acquired Novari Health Inc., a Kingston-based provider of patient flow and referral management software, for total up-front consideration of $43.6 million plus potential performance-based consideration (up to $5.0 million earnout). The acquisition strengthens VitalHub's patient-flow and referral management capabilities and is expected to accelerate Novari's international expansion leveraging VitalHub's footprint, particularly in the UK.

Cardiovascular Logistics Partners with Clearwater Cardiovascular Consultants

October 10, 2023

Healthcare Services

Cardiovascular Logistics (CVL), a national cardiology platform backed by Lee Equity Partners, has partnered with Clearwater Cardiovascular Consultants (CCC), a leading independent cardiology practice in the greater Tampa Bay area. CCC (founded 1975) will join CVL’s network — expanding the platform’s presence in Florida and bringing CCC access to CVL’s operational resources and physician-led, PE-backed model.