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Incline Equity Partners Acquires Stake in West Physics

With two decades of operations behind it, Atlanta-based West Physics has entered a partnership with Pittsburgh private equity firm Incline Equity Partners. The move aims to scale the company’s specialized medical imaging and radiation safety services across a fragmented market through both organic growth and strategic acquisitions.

Incline Equity Partners Acquires Stake in West Physics
Photo: Bio & News

West Physics provides critical accreditation and testing for complex medical equipment, including MRI, CT, and X-ray systems. Beyond diagnostic imaging, the firm offers radiation therapy physics and industrial safety consulting, supporting healthcare facilities in meeting stringent regulatory compliance standards. Founder and CEO Dr. Geoff West intends to leverage the partnership to bolster the company’s technical support structure, expand its network of field-based physicists, and enhance its in-house residency program.

Nic Meiring, Managing Director at Incline, noted that the investment targets a platform already established as a leader in a highly fragmented sector. The private equity firm, which focuses on middle-market companies with enterprise values between $25 million and $750 million, plans to support West Physics as it moves into adjacent service lines and new geographic territories. This transaction marks a shift in the company’s trajectory as it looks to solidify its footprint in the medical physics consulting space.

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