January 9, 2024

Apex Physics Partners (APP) Expands Its National Footprint with New Partnership in Illinois, Missouri and Oklahoma

APP partners with renowned therapy medical physics consultancy to serve healthcare clients across the Midwest

January 9, 2024

TOWSON, Maryland. – Apex Physics Partners (“APP”), the largest outsourced medical physics services company in North America, announced it has partnered with Medical Physics Consulting Inc. (“MPC” or the “Company”). Founded by Board-certified medical physicist Russell Gerber, MPC is the leading provider of therapy medical physics and dosimetry consulting services across Missouri, Illinois and Oklahoma.

MPC President Russell Gerber said, “MPC has a rich history in the central United States and, after more than 20 years, we have grown to serve the region’s largest healthcare systems and cancer care centers by delivering high-quality therapy medical physics and dosimetry.”

Under the leadership of Russell and the Gerber family, the Company’s long-tenured, highly technical employees have demonstrated an unwavering commitment to the safety and wellbeing of patients in their clients’ communities.

“Both APP and MPC share the guiding purpose of enabling healthier communities,” commented APP Chief Growth Officer, Hayden White. “We are humbled to partner with Russell, the Gerbers and the entire MPC team to do just that.”

APP provides its partner practice groups with comprehensive business and operations support services, which enables them to realize accelerated, sustainable growth; offer additional diagnostic and therapy medical physics services to their customers; and attract and retain top talent.

“For MPC to continue our growth, we realized we would benefit from a well-aligned, strategic partner with proven expertise in business development, technical recruitment, and IT services to serve both existing and new clients as we scale,” continued Gerber. “The APP partnership excited us when it became clear that the combined team would not only facilitate MPC’s growth but also uphold our longstanding culture of clinical excellence.”

APP is backed by Blue Sea Capital, a West Palm Beach-based private equity firm with over $1.4 billion in assets under management.

“We partnered with APP in 2019 to build the nation’s leading provider of medical physics services,” added Erin Lansky, Principal at Blue Sea Capital. “As the Midwest’s leader in therapy and dosimetry services, MPC represents another important addition to our rapidly expanding network of high-quality medical physics practice groups.”

About Apex Physics Partners

Apex Physics Partners (https://apexphysicspartners.com/) is the largest outsourced medical physics services organization in North America, offering diagnostic and therapy medical physics services to large hospital systems, healthcare facilities, imaging centers and cancer care groups throughout the U.S. Through the Apex Physics Support Group, partner physics practices receive an array of differentiated support services, including client services, accounting/finance, sales and marketing, human resources, technical recruiting, information technology and data analytics, vendor management, legal, and insurance.

About Blue Sea Capital

Blue Sea Capital (www.blueseacapital.com) is a private equity firm based in West Palm Beach, Florida, that invests in growth-oriented lower middle market companies valued up to $300 million. The firm has over $1.4 billion in assets under management and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.