KKR agrees to sell CoolIT Systems to Ecolab for $4.75 billion
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CoolIT Employees Share in $4.75 Billion Transaction as KKR Agrees to Sell to Ecolab
March 25, 2026 4:30 PM EDTKKR and its investors achieve 15x return
100% of CoolIT employees receive significant payouts
NEW YORK & CALGARY, Alberta--(BUSINESS WIRE)-- 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 KKRs largest recent realizations, generating approximately 15x the original equity invested, inclusive of distributions. At the close of the transaction, all CoolIT employees will... More
