KKR’s Sale of CoolIT
KKR is selling CoolIT, a data center liquid cooling company, for $4.75 billion, according to PE Hub. The acquisition is expected to close in the third quarter of 2026, as reported in the same source.
Details of the Transaction
The sale involves CoolIT, which operates in the technology sector and is tagged with connections to Canada and the US, per PE Hub. This transaction highlights KKR’s activity in the data center liquid cooling space.
Timeline and Sector Context
The deal’s closure is slated for the third quarter of 2026, according to the PE Hub article. As widely-known context, data center cooling technologies have grown in importance due to increasing demands for efficient computing infrastructure.
Implications for the Market
The tags associated with the announcement include Canada, Technology, and US, indicating geographic and sectoral relevance, as per PE Hub.
