CoolIT Employees Share in $4.75 Billion Transaction as KKR Agrees to Sell to Ecolab

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 KKR's largest recent realizations, generating approximately 15x the original equity invested, inclusive of distributions. At the close of the transaction, all CoolIT em. ...