Incline Equity Partners has acquired VMG Health from Northlane Capital Partners (NCP), according to a news release. 

VMG, founded in 1995 and based in Dallas, is a valuation and transaction advisory firm focused on healthcare.

Incline, based in Pittsburgh, Pennsylvania, is a private equity firm that invests across the middle market in distribution, business services and manufacturing companies. Founded in 2011, Incline generally pursues buyouts, corporate divestitures and minority recapitalizations in U.S. and Canadian companies with enterprise values of $25 million to $750 million.

NCP, based in Bethesda, Maryland, is a private equity firm focused on lower middle market healthcare and business services. Founded in 2003, the firm seeks to make equity investments of $25 million to $150 million in North American companies with EBITDA of $5 million to $30 million.

Terms of the transaction were not disclosed.