West Physics

West Physics is a provider of medical and health physics testing and consulting services.

How We Partnered

Transaction Dynamics

A partnership with management to acquire the Company from its previous private equity owner. Management made a significant investment in the Company as part of the transaction.

 

Investment Thesis

  • Re-occurring revenue model driven by regulatory requirements concerning radiation compliance and medical imaging quality
  • Highly diversified customer base with strong retention
  • Strong reputation as a trusted partner in the healthcare industry
  • Fragmented market with numerous add-on acquisition opportunities

Incline Value Enhancement

  • Invest in sales and marketing to accelerate the organic growth profile
  • Pursue add-on acquisition opportunities to enter new geographies and market segments
  • Expand service offerings and evaluate cross-sell / up-sell opportunities
Key Details

HEADQUARTERS
Atlanta, GA

STAGE
Active

SECTOR
Services

INVESTMENT DATE
June 2026

“For 24 years we have remained committed to delivering exceptional service and trusted expertise to our customers. Partnering with Incline, we plan to accelerate organic growth by investing in our services support structure, in-house residency program and broader physicist network.”

Dr. Geoff West

Founder and CEO of West Physics