John Pitts, Ben Hardison, David Wheat, Ryan Phelps, Rob Fowler, Katherine Nemeth, Shellie Freedman, Sofiya Bavlovych
January 24, 2026
Kirkland Advises KKR on Acquisition of CoolIT

1 min
AI-made summary
- Kirkland & Ellis advised KKR on its definitive agreement to acquire CoolIT Systems, a provider of scalable liquid cooling solutions
- The investment aims to help CoolIT expand its services for global customers in the data center market, including enterprise, high-performance computing, and cloud service providers, as well as desktop computing
- KKR is making the investment through its Global Impact strategy
- The Kirkland team included partners and associates from corporate, tax, executive compensation, and technology practices.
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.
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John Pitts, Ben Hardison, David Wheat, Ryan Phelps, Rob Fowler, Katherine Nemeth, Shellie Freedman, Sofiya Bavlovych
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