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CI Capital Completes Sale of KIK Custom Products
- Client News
- August 26, 2015
Paul, Weiss client CI Capital Partners completed the sale of its portfolio company KIK Custom Products to Centerbridge Partners. Terms of the transaction were not disclosed. Under CI Capital's ownership, through the execution of numerous internal growth initiatives and the completion of several add-on acquisitions, KIK doubled its revenue and diversified its business beyond household and personal care categories to pool and spa products. KIK is a global leader in the development and marketing of pool and spa treatment products and one of North America's largest independent manufacturers of household and personal care products.
The Paul, Weiss team included corporate partners Edward Ackerman, Carl Reisner, Eric Goodison and John Kennedy; tax partner Richard Bronstein; real estate partners Peter Fisch and Salvatore Gogliormella; litigation partner Aidan Synnott; intellectual property counsel Claudine Meredith-Goujon; antitrust counsel Didier Malaquin and Marta Kelly; employee benefits partner Robert Fleder; and international trade counsel Richard Elliot.