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Majority stake Closed May 2023 Verified

KKR acquires liquid-cooling maker CoolIT Systems

Relationship map

Relationship map for KKR acquires liquid-cooling maker CoolIT Systemsparent ofKKR: Pe FirmKKRCoolIT Systems: Operating CompanyCoolIT Systems
Operating CompanyPe Firm

Parties

Acquirer
KKR
Pe Firm
Target
CoolIT Systems
Operating Company

Market signals

Summary

KKR agrees to sell CoolIT Systems to Ecolab for $4.75 billion, generating approximately 15x original equity invested