Westcove Advises Advanced Cardiovascular Specialists in its Partnership with Heart & Vascular Partners

LOS ANGELES, CA – September 21, 2022 – Westcove Partners LLC (“Westcove”), an emerging and highly specialized investment bank, announced that it acted as the exclusive financial advisor to Advanced Cardiovascular Specialists, LLP (“ACS”) in its partnership with Heart & Vascular Partners (“HVP”), a portfolio company of Assured Healthcare Partners (“Assured”). ACS is the leading cardiovascular practice in Southeast Texas. The terms of the transaction were not disclosed. Westcove’s deal team included Justin Hand, Managing Director; Abe M’Bodj, Vice President; Dimitri Michalakis, Associate; and Rebecca Phuong, Associate.
ACS, based in Beaumont, Texas, has a team of seven physicians across four locations and has been a long-standing member of the Southeast Texas community since its inception in 1957. All ACS physicians provide quality cardiovascular services personalized for each patient and have extensive experience in treating various cardiovascular conditions. Bringing ACS into its network, HVP will expand its footprint into Texas. HVP is a management services organization supporting independent cardiovascular practices across the United States.
Dr. T. Randolph Lombardo, President of Advanced Cardiovascular Specialists, stated, “The Westcove team provided our group with critical information, advice, and support in securing a partnership with our new business partner. They were always available to ensure our transaction was moving forward to a successful closure.”
Abe M’Bodj of Westcove comments, “It has been a privilege and pleasure representing ACS in this transaction. We are excited to see ACS grow as HVP’s platform practice throughout Southeast Texas. We are confident that ACS will continue to flourish and grow through this transaction as the cardiology specialty continues to consolidate.”
About Advanced Cardiovascular Specialists

Founded in 1957, Advanced Cardiovascular Specialists is the premier cardiovascular practice within the Southeast Texas community. The practice consists of seven physicians and 6 nurse practitioners who provide excellent cardiovascular treatment and prevention in its four locations, Beaumont, Jasper, Woodville, and Nederland, Texas. The practice has a strong commitment to innovation, education, and personal attention to ensure that its patients are receiving the best possible care available. For more information visit www.acscardio.com.

About Heart & Vascular Partners

HVP brings cardiology and vascular practices together with the delivery of scaled support and accelerated development of high value, easily accessible, care facilities with market-based pricing. HVP’s model is driven by improved patient experiences in ambulatory outpatient settings which yield proven durable competitive advantages. More information can be found at www.heartandvascularpartners.com. 

About Assured Healthcare Partners

Assured Healthcare Partners is a healthcare investment management firm, formed as a spin-out and continuation of the private healthcare strategy established at BlueMountain Capital Management in 2013. AHP’s senior leadership team have invested or managed over $3 billion in capital across healthcare services sectors in their careers. AHP seeks to deploy a high touch, value-add approach to investing in healthcare companies at the intersections of change. For additional information on Assured Healthcare Partners, please visit www.ahpartners.com.

About Westcove Partners

Westcove Partners is a leading healthcare-focused investment bank that specializes in advising its clients through mergers & acquisitions, debt and equity financing, as well as other complex corporate finance transactions. The team focuses on founder operated businesses and seeks to curate its advisory services according to the intricacies that come with these types of businesses.

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