CI Capital Partners, a New York-based private equity firm, announced it completed the sale of its portfolio company, KIK Custom Products to Centerbridge Partners. Terms of the transaction were not disclosed.

The company was advised in the transaction by its financial advisors Morgan Stanley and Rothschild and its legal advisor Paul, Weiss, Rifkind, Wharton & Garrison.

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.

“The completion of this transaction marks the conclusion of a tremendous partnership with CI Capital,” said Jeff Nodland, chief executive officer of KIK. “CI Capital has supported us as we invested in the company’s organic growth, executed an M&A strategy and successfully expanded into new business lines.”