Water Pik Technologies sold

FORT COLLINS – Less than two years after making its initial purchase, private equity firm The Carlyle Group has sold its majority stake in Water Pik Technologies Inc.’s Fort Collins-based personal health-care products business.

Water Pik was picked up off the public market through a private equity buyout by Washington, D.C.-based The Carlyle Group last year. The January 2006 deal was valued at $380 million. EG Capital Group, a New York-based private equity firm focused on consumer products, purchased the Water Pik business from The Carlyle Group, not including the Jandy Pool Products line. Inquiries to Water Pik and EG…