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Business news from across the North American HVAC industry. Company moves, strategy, leadership changes, and what's driving growth in the sector.

Ecolab Pays $4.75 Billion for CoolIT Systems — The Biggest Non-HVAC Company Entering Data Centre Cooling Post feature image
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Ecolab Pays $4.75 Billion for CoolIT Systems — The Biggest Non-HVAC Company Entering Data Centre Cooling

Ecolab agreed to pay $4.75B for CoolIT Systems, a liquid cooling specialist for AI data centres. At 29x EBITDA, this is the highest multiple ever paid for a cooling company. Here's the full breakdown.

by Shelly Thomas

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