Eight Directions Technology Limited Announces Entering into an Agreement and Plan of Merger with Quartzsea Acquisition Corporation
Quartzsea Acquisition Corporation→Eight Directions Technology Limited
May 14, 2026

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Origination in the Age of AI.
KKR has agreed to sell CoolIT to Ecolab in a transaction valued at $4.75 billion. The deal includes an employee participation component, with CoolIT employees set to receive shares as part of the transaction.
CoolIT is a manufacturing business, and the transaction is positioned as a divestiture by KKR to a strategic buyer, Ecolab.
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