Press Release

Kirkland Advises KKR on Acquisition of CoolIT

Kirkland & Ellis counseled KKR, a leading global investment firm, on its definitive agreement to acquire CoolIT Systems, a leading provider of scalable liquid cooling solutions. The investment will support the company’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. KKR is investing in CoolIT through its Global Impact strategy, which is focused on identifying and investing behind opportunities where financial performance and societal impact are intrinsically aligned.

Read KKR and CoolIT’s press release

The Kirkland team was led by corporate partners John Pitts and Ben Hardison; and included tax partners David Wheat and Ryan Phelps; executive compensation partner Rob Fowler and associate Katherine Nemeth; and technology & IP transactions partner Shellie Freedman and associate Sofiya Bavlovych.