An investor group led by MidOcean Partners has acquired Water Pik, a health and wellness company, from PE firm EG Capital Group and Zodiac Marine & Pool, a portfolio company of The Carlyle Group. Water Pik makes branded health and wellness products, primarily in the oral health and replacement showerhead business segments. Oral health offerings include sonic toothbrushes, water flossers and professional dental equipment. Richard Bisson will remain CEO of the company and a significant investor. Seattle-based Vulcan Capital co-invested alongside MidOcean in the transaction.