Water Pik, Inc.
   HOME

TheInfoList



OR:

Water Pik, Inc. (also Waterpik) is an American oral health products company based in
Fort Collins, Colorado Fort Collins is a List of municipalities in Colorado#Home rule municipality, home rule municipality in Larimer County, Colorado, United States, and its county seat. The population was 169,810 at the 2020 United States census, 2020 census, an i ...
. A subsidiary of
Church & Dwight Church & Dwight Co., Inc. is an American consumer goods company focusing on personal care, household products, and specialty products. The company was founded in 1847 and is headquartered in Ewing, New Jersey. It is the parent company of well-kno ...
, 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 are set up to have adjustable temperature, spray pressure and showerhead nozzle angle. The sim ...
s. Until 2013, Water Pik Technologies, Inc. was a manufacturer of personal care products as well as swimming pool products, which it marketed under the Water Pik, Jandy and Air Energy brands. The pool products division, with the Jandy brand, was retained by the
Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...
within the "Pool Care" division of
Zodiac Marine & Pool Zodiac Nautic, formerly Zodiac Marine & Pool, then Zodiac Marine, is a French company known for their inflatable boats. Originating as an airship company, the boating division was split off from the aerospace-focused Zodiac Group in 2007. In F ...
, now Zodiac Pool Solutions.


History

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 Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
firm
Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...
and French company
Zodiac The zodiac is a belt-shaped region of the sky that extends approximately 8° north and south celestial latitude of the ecliptic – the apparent path of the Sun across the celestial sphere over the course of the year. Within this zodiac ...
in 2006 in a deal valued at $380 million. At this point Water Pik had six major facilities in the US and Canada. In 2007, Water Pik's pool equipment division was merged by the Carlyle Group and Zodiac with its marine and pool division to form a new entity called
Zodiac Marine & Pool Zodiac Nautic, formerly Zodiac Marine & Pool, then Zodiac Marine, is a French company known for their inflatable boats. Originating as an airship company, the boating division was split off from the aerospace-focused Zodiac Group in 2007. In F ...
, headquartered in Paris, France. In 2012, Water Pik was reported to have 1,400 employees. In 2013,
Zodiac Marine & Pool Zodiac Nautic, formerly Zodiac Marine & Pool, then Zodiac Marine, is a French company known for their inflatable boats. Originating as an airship company, the boating division was split off from the aerospace-focused Zodiac Group in 2007. In F ...
(
Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...
) and EG Capital sold their stake in Water Pik (excluding the pool equipment division) to
MidOcean Partners MidOcean Partners is a New York City , New York based alternative asset management firm that specializes in mid-sized private equity and alternative leveraged investments. The firm, founded in February 2003, is based in Midtown Manhattan. MidOc ...
and Vulcan Capital. In 2017, MidOcean agreed to sell the company for $1 billion to
Church & Dwight Church & Dwight Co., Inc. is an American consumer goods company focusing on personal care, household products, and specialty products. The company was founded in 1847 and is headquartered in Ewing, New Jersey. It is the parent company of well-kno ...
. 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 The Carlyle Group companies {{US-company-stub