Key Takeaways
- • West Physics, backed by private equity firm Incline Equity Partners, acquired Radiographic Testing Services (RTS), an Albany, New York–based provider of radiation safety testing and certification services founded in 2011.
- • RTS specializes in testing and certifying radiation-emitting medical equipment (nuclear medicine cameras, diagnostic X-ray machines, radiation oncology devices) and provides certified radiation equipment safety officer services across central New York State.
- • The acquisition expands West Physics' geographic footprint from its current 6,000+ sites across all 50 states, federal territories, the Caribbean, and Middle East into the Albany, Boston, and Philadelphia regions.
- • West Physics, led by President and CEO Geoffrey West, now serves as Incline Equity's newest services platform, leveraging RTS's established local relationships and regulatory expertise in New York markets.
- • The deal strengthens West Physics' position in the specialized medical equipment compliance and radiation safety consulting sector, combining RTS's regional market presence with West Physics' national operating scale.
Summary
West Physics, a portfolio company of Atlanta-based private equity firm Incline Equity Partners, has completed the acquisition of Radiographic Testing Services, a specialized provider of radiation safety testing and compliance services based in Albany, New York. The transaction marks Incline Equity's latest addition to its services platform strategy and expands West Physics' geographic and service capabilities in the northeastern United States.
RTS, founded in 2011, provides critical regulatory compliance services to hospitals and imaging centers throughout central New York. The company tests and certifies radiation-emitting medical equipment—including nuclear medicine cameras, diagnostic X-ray machines, and radiation oncology devices—to verify that patient and staff radiation exposure remains within regulatory limits. Additionally, RTS supplies certified radiation equipment safety officer services, a specialized consulting function required by healthcare facilities to maintain regulatory compliance.
West Physics brings substantial scale to this market segment, currently operating across more than 6,000 sites spanning all 50 states, federal territories, the Caribbean, and the Middle East. According to Geoffrey West, the company's president and CEO, the acquisition capitalizes on RTS's deep local relationships and specialized knowledge of New York State regulatory requirements. The deal strategically positions West Physics to expand service delivery into the Albany, Boston, and Philadelphia regions, addressing market gaps in these high-density healthcare corridors.
This acquisition underscores Incline Equity's strategy of consolidating fragmented service platforms within specialized healthcare compliance and safety sectors. By combining RTS's entrenched regional presence and regulatory expertise with West Physics' national infrastructure and operational capabilities, the combined entity is positioned to capture market share across the Northeast while leveraging best practices and standardized processes across its expanded footprint.
RTS, founded in 2011, provides critical regulatory compliance services to hospitals and imaging centers throughout central New York. The company tests and certifies radiation-emitting medical equipment—including nuclear medicine cameras, diagnostic X-ray machines, and radiation oncology devices—to verify that patient and staff radiation exposure remains within regulatory limits. Additionally, RTS supplies certified radiation equipment safety officer services, a specialized consulting function required by healthcare facilities to maintain regulatory compliance.
West Physics brings substantial scale to this market segment, currently operating across more than 6,000 sites spanning all 50 states, federal territories, the Caribbean, and the Middle East. According to Geoffrey West, the company's president and CEO, the acquisition capitalizes on RTS's deep local relationships and specialized knowledge of New York State regulatory requirements. The deal strategically positions West Physics to expand service delivery into the Albany, Boston, and Philadelphia regions, addressing market gaps in these high-density healthcare corridors.
This acquisition underscores Incline Equity's strategy of consolidating fragmented service platforms within specialized healthcare compliance and safety sectors. By combining RTS's entrenched regional presence and regulatory expertise with West Physics' national infrastructure and operational capabilities, the combined entity is positioned to capture market share across the Northeast while leveraging best practices and standardized processes across its expanded footprint.
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