Blue Sea Capital backs One Physics
Since the sponsor's initial investment in 2019, the medical physics firm has expanded through 22 acquisitions to serve over 7,000 client sites nationwide.
Takeaways
- One Physics is a outsourced medical physics services for healthcare providers.
- Blue Sea Capital is investing in One Physics.
- The target serves healthcare across United States.
An oversubscribed continuation vehicle led by Apogem Capital, Churchill Asset Management, Dextra Partners, and Future Standard provided Blue Sea Capital with additional capital to extend its partnership with One Physics, a provider of outsourced medical physics services to hospitals, healthcare systems, imaging centers and cancer care groups.
The Towson, Maryland-based company employs more than 210 staff and operates across 45 states, having scaled through 22 acquisitions since 2019.
“We are thrilled to continue our partnership with Blue Sea and are well positioned to continue our acquisition strategy and capitalize on the attractive market opportunity before us,” said Jason Schneck, CEO of One Physics.
Blue Sea and One Physics’ management team reinvested in the transaction, and the company also runs seven residency programs in diagnostic and therapy medical physics.
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