Business
CoolIT Employees Share in $4.75 Billion Transaction as KKR Agrees to Sell to Ecolab
NEW YORK & CALGARY, Alberta, March 25, 2026--KKR, a leading global investment firm, today announced that it has entered into a definitive agreement to sell CoolIT Systems ("CoolIT" or "the Company"), a global leader in liquid data center cooling, to Ecolab in a transaction valued at $4.75 billion. The sale will represent one of KKR’s largest recent realizations, generating approximately 15x the original equity invested, inclusive of distributions. At the close of the transaction, all CoolIT empl
About this update from Kkr & Co. Inc.
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