FT. LAUDERDALE, Fla., July 2, 2019-- HPH II Investments Master Fund, LP together with its related entities ("HPH II"), a private equity fund managed by WM Partners, today announced the acquisition of Ultima Health Products, Inc. ("Ultima"), a provider of sugar-free electrolyte hydration products based in Cortland, Ohio. WM Partners is a Ft. Lauderdale-based private equity firm focused on investing in lower-middle market companies in the health and wellness sector. Terms of the transaction were not disclosed.