Platte River sells WellMark to Dover

Platte River has sold WellMark to Dover Corp. No financial terms were disclosed. Houlihan Lokey provided financial advice to WellMark on the transaction. Based in Oklahoma City, Oklahoma, WellMark is a maker of flow control solutions for systems used in the oil, gas and petrochemical sectors.

Advent closes sale of Vinnolit to Westlake

Westlake Chemical Corp. has completed its acquisition of Vinnolit and its subsidiary companies from Advent International. No financial terms were disclosed. Based in Ismaning, Germany, Vinnolit is a provider of PVC resins.

VC-backed virtual scrapbook site Pinterest buys Icebergs

Virtual scrapbook site Pinterest has acquired Icebergs, a visual organization startup, the latter announced on its site. No financial terms were disclosed. Icebergs, which is headquartered in Barcelona, will be joining the Pinterest team in San Francisco and discontinuing its service on September 1. Pinterest’s backers include SV Angel, Bessemer Venture Partners, Fidelity, Andreessen Horowitz, FirstMark Capital and Valiant Capital Partners. To read the post, visit here.


TPG-backed Envision agrees to buy MedTrak

Envision Pharmaceutical, a portfolio company of TPG, said Wednesday that it has agreed to acquire MedTrak Services. No financial terms were disclosed for the transaction, which is expected to close in the third or fourth quarter of this year. Headquartered in Overland Park, Kansas, MedTrak is a pharmacy benefit management firm.

Arlington Capital’s Novetta buys GNI

Novetta, a portfolio company of Arlington Capital Partners, has acquired Global News Intelligence. No financial terms were disclosed. GNI is an analytics provider for commercial and government clients.

Merz completes VC-backed Ulthera acquisition

Merz has completed its acquisition of Ulthera, a Mesa, Arizona-based provider of non-surgical lifting and tightening treatments. The value of the transaction is up to $600 million. Ulthera was backed by New Enterprise Associates and Apposite Capital.


Frazier Healthcare’s PCI agrees to acquire Penn Pharma

Packaging Coordinators, a portfolio company of Frazier Healthcare, has agreed to buy Penn Pharma. No financial terms were disclosed. Headquartered in Tradegar, Wales with offices in New Hope, Penn. and Tokyo, Penn Pharma is a provider of drug development and manufacturing services.


Four Winds Energy buys Integrity Custom Processing and Kasten Energy assets

Four Winds Energy Services, a subsidiary of Bregal Partners-backed Aqua Terra, has acquired Integrity Custom Processing and certain assets from Kasten Energy. No financial terms were disclosed. Canaccord Genuity was the financial advisor to Aqua Terra on the transaction. Integrity Custom Processing is a provider of water management solutions in British Columbia while Kasten Energy is an oil and gas production in Calgary.


PE-backed Total Safety buys Z-Monitoring

Total Safety, a portfolio company of Warburg Pincus, has acquired Z-Safety Systems (which does business as Z-Monitoring). No financial terms were disclosed. Z-Safety Systems is a safety services provider.


Dassault Systèmes agrees to buy PE-backed Quintiq

Dassault Systèmes has agreed to acquire Quintiq for approximately 250 million euros. Headquartered in The Netherlands, Quintiq is a supply chain planning and optimization software platform provider. It was backed by LLR Partners and Newspring Capital.

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