Water Pik, Inc. (also Waterpik) is an American oral health products company based in

Fort Collins A fortification is a military construction or building designed for the defense of territories in warfare, and is also used to establish rule in a region during peacetime. The term is derived from Latin ''fortis'' ("strong") and ''facere'' ...

, Colorado. A subsidiary of

Church & Dwight Church & Dwight is an American consumer goods company focusing on personal care, household products, and specialty products. The company was founded in 1846 and is headquartered in Ewing, New Jersey. It is the parent company of well-known brands ...

, it produces personal and oral health care products such as

oral irrigator An oral irrigator (also called a dental water jet, water flosser or, by the brand name of the best-known such device, Waterpik) is a home dental care device which uses a stream of high-pressure pulsating water intended to remove dental plaque a ...

s and pulsating

shower head A shower is a place in which a person bathes under a spray of typically warm or hot water. Indoors, there is a drain in the floor. Most showers have temperature, spray pressure and adjustable showerhead nozzle. The simplest showers have a ...

s. Waterpik began in 1962 as Aqua Tec Corporation. with the invention of the oral irrigator. It was acquired by Teledyne Inc in 1967 and was spun off as a public company, Water Pik Technologies, in 1999. It was then bought by the

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

firm

Carlyle Group The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and ...

in 2006 in a deal valued at $380 million. At this point Water Pik had six major facilities in the US and Canada. Carlyle sold it the following year to EG Capital. In 2012, Waterpik was reported to have 1,400 employees. In 2013 it was sold to MidOcean Partners and

Vulcan Capital Vulcan LLC is a privately held company founded by the Microsoft co-founder Paul Allen and his sister Jody Allen in 1986 to establish and oversee the family's diverse business activities and philanthropic endeavors. It includes Vulcan Real Estate ...

. In 2017, MidOcean agreed to sell the company for $1 billion to Church & Dwight. At the time of the sale announcement, it was reported that the company had "$265 million of revenue in the fiscal year ended June 30, about 70% of which came from its water flosser products".Vasquez, Justina
"Church & Dwight to Buy Water Pik for $1 Billion"
, ''Wall Street Journal'', July 17, 2017. Retrieved 2017-07-17.

References

1962 establishments in Colorado Companies based in Colorado Church & Dwight brands {{colorado-stub