B. Riley Serves as Sell-Side M&A Advisor to Heart & Vascular Center of Arizona on its sale to Cardiovascular Associates of America

LOS ANGELES, November 30, 2023 - B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as sell-side M&A advisor to Heart & Vascular Center of Arizona P.C. ("HVCA"), a leading independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America ("CVAUSA").

B. Riley Securities' Healthcare & Life Sciences team provides a full suite of investment banking services to healthcare companies across the care continuum. Areas of specialization include cardiovascular services; single- and multi-specialty physician practices; outsourced provider services; payor services; behavioral health; digital health; outsourced pharmaceutical services; specialty pharmaceuticals; and medical products/devices.

HVCA offers a full suite of cardiovascular services, including cardiology, electrophysiology, vein and vascular treatments, ambulatory surgery, office-based lab solutions, and cardiovascular imaging to a patient base across three clinical locations and numerous hospitals in the Phoenix metropolitan area. Read more about Heart & Vascular Center of Arizona here.

Cardiovascular Associates of America, a portfolio group of Webster Equity Partners, is a physician-led network committed to leading cardiology into a value-based future that benefits patients, partnering with payers, primary care groups, and more to transform care delivery. Learn more about CVAUSA here.

B. Riley's deal team was led by Ben Matz and Adam Fitzmaurice, and included Jonathan Beygelman and Jack Baldner.

About B. Riley Securities

B. Riley has served as a preeminent fixture in middle market brokerage and investment banking for over 25 years. We provide a full suite of investment banking and capital markets services to companies, financial sponsors, and institutional investors across all industry verticals. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, corporate restructuring and recapitalization. Widely recognized for our thematic proprietary equity research, clients benefit from B. Riley's extensive network, industry expertise, and proven execution capabilities of our end-to-end financial services platform. B. Riley Securities is a subsidiary of B. Riley Financial (Nasdaq: RILY). For more information, visit www.brileysecurities.com.