LNC Partners’ West Physics is recapitalized by Incline Equity Partners

  • Incline Equity Partners recapitalized West Physics, a medical and health physics testing and consulting services provider backed by LNC Partners.
  • LNC Partners III - SBIC, L.P. invested in support of Incline’s transaction.
  • West Physics provides accreditation and testing for medical imaging equipment, supported by a nationwide network of physicists and field technical staff.
  • LNC’s May 2018 investment preceded revenue growth of more than 3.7x, driven by organic initiatives and acquisitions.
  • Raymond James served as financial adviser; Holland & Knight provided legal advice.


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