Westcove Advises Cardiology Consultants of Philadelphia in its Partnership with Cardiovascular Logistics
LOS ANGELES, CA – April 18, 2025 – Westcove Partners, LLC (“Westcove”), a highly specialized investment bank, announced that it acted as the exclusive financial advisor to Cardiology Consultants of Philadelphia (“CCP”), the largest independent cardiology group in the United States, in its strategic partnership with Cardiovascular Logistics (“CVL”), a portfolio company of Lee Equity Partners. This collaboration aims to enhance access to high-quality cardiovascular care throughout Southeastern Pennsylvania and the surrounding region. The terms of this transaction were not disclosed. Westcove’s deal team included Justin Hand, Managing Director; Abe M’Bodj, Director; Bill Bolding, Vice President; and Geno Catalano, Associate.
With a history dating back more than 30 years, CCP comprises over 90 cardiologists, 50 advanced practitioners, and nearly 700 total employees across more than 30 locations. The group is renowned for its commitment to clinical excellence, research, and patient-centered care. The partnership with CVL will enhance CCP’s operational capabilities and support its continued growth while preserving its physician-led culture.
“Our partnership with CVL represents a major milestone as we continue to advance our mission of delivering exceptional cardiovascular care, while preserving the independence that defines our practice,” said Dr. Mark Victor, CEO of Cardiology Consultants of Philadelphia. “CVL brings the scale, resources, and operational expertise to help us grow strategically and expand access to high-quality care across the region while preserving our physician-led culture and clinical excellence. Westcove was an exceptional partner throughout the process. Their deep healthcare expertise, thoughtful approach, and alignment with our goals were instrumental in achieving an outcome we are proud of.”
“We are honored to have advised CCP on this transformative partnership,” said Justin Hand, Managing Director at Westcove. “CCP has long been recognized as a leader in cardiovascular care, and their unwavering commitment to clinical excellence and innovation made them an ideal partner for CVL. This collaboration reflects a shared vision for the future of cardiology and positions CCP to continue delivering outstanding care alongside CVL. We are excited to see the impact this partnership will have on the organization moving forward.”
“It was a privilege to support CCP in this landmark transaction, one of the largest independent cardiology partnerships in the country to date,” said Abe M’Bodj, Director at Westcove. “This deal highlights the strong demand for strategic partnerships that empower physicians to retain their independence while gaining the scale and support needed to grow and create long term value. We’re excited to follow their continued success.”
About Cardiology Consultants of Philadelphia
Cardiology Consultants of Philadelphia is the largest independent cardiology practice in the United States, with over 90 cardiologists and 50 advanced practice providers specializing in all areas of cardiovascular care. CCP operates 30 locations across Southeastern Pennsylvania, providing comprehensive and convenient services. The organization is affiliated with several major hospitals in the region and has established itself as an institution to the community it serves. CCP is committed to improving patient health through advanced cardiovascular care, education, and a commitment to personalized and compassionate treatment. For more information, visit www.ccpdocs.com.
About Cardiovascular Logistics
Cardiovascular Logistics is the comprehensive national platform that enables premier cardiovascular practices to scale and thrive in a dynamic market. The company brings together leading partners who are practicing at the top of their specialty and share a vision for transforming cardiovascular care delivery. Through its deep experience in cardiovascular medicine and practice development, comprehensive resources, and physician-led approach, CVL enables top-tier practices to grow in a collaborative environment focused on advancing medicine and improving patient care. For more information, visit www.cvlhealth.com.
About Lee Equity Partners
Lee Equity Partners is a middle-market private equity firm that partners with entrepreneurs, founders and management teams in the financial and healthcare services sectors. Over nearly two decades the firm has utilized its thematic based investment strategy and deep sector expertise to identify and partner with talented management teams to accelerate growth and build market leading businesses. For more information, visit www.leeequity.com.
Westcove Partners is a premier healthcare-focused investment bank specializing in mergers and acquisitions, debt and equity financings, and other complex corporate finance transactions. The firm is dedicated to advising founder-operated businesses, tailoring its advisory services to address the unique challenges and opportunities these businesses face.
