KKR to acquire CoolIt Systems

KKR, a leading global investment firm, has signed an agreement to acquire CoolIT Systems, a leading provider of scalable liquid cooling solutions for the world’s most demanding computing environments.

The investment will support KKR’s ability to scale and serve its global customers across the data center market, including the enterprise, high-performance computing, and cloud service provider segments as well as in desktop computing.

The deal is expected to be completed in the second quarter of 2023, subject to regulatory approvals and customary closing conditions.

Merger & Acquisition
Tech/Computer/IT
Undisclosed/Confidential
Active