Private investment firms Petra Capital Partners and Canopy Capital Partners have recapitalized American Vascular Associates, a network of outpatient vascular and endovascular centers based in Palm Harbor, Fla.
Founded in 2008, AVA develops and manages nearly 20 outpatient vascular centers across the south, mid-Atlantic, midwest and northeastern U.S. The company partners with nearly 100 cardiologists, radiologists, nephrologists and vascular surgeons. The transaction looks to drive AVA’s growth and allow for additional physician partnerships.
“Together, with our new financial partners and the existing AVA team, who will remain shareholders in AVA, we will be well-positioned to positively impact our growth trajectory by providing an outpatient alternative to hospital-based procedures which allows for an improved patient experience, particularly in underserved communities,” comments Jan Dees, founder and chief executive officer of American Vascular Associates.