CoolIT Systems receives the “International ScaleUp of the Year” award

CoolIT Systems, the global leader in advanced liquid cooling, has been honored with Growth Compass’ prestigious “International Scale-Up of the Year” award by Mount Royal University’s Institute for Innovation and Entrepreneurship. This accolade acknowledges rapidly growing businesses with ambitious international expansion strategies and the potential to become key players in global markets- showcasing resilience, cultural agility and strategic foresight.

Patrick McGinn, COO of CoolIT Systems, credits this award to the company’s unprecedented growth, driven by advancements in High Performance Computing and AI. Patrick states, “This recognition is a testament to our significant growth, ability to scale, commitment to customers, and dedication to innovation – and it’s only just the beginning. CoolIT’s commitment goes beyond designing and manufacturing best-in-class liquid cooling solutions. It’s about championing a culture of ambition, teamwork, and a drive to build a better community.”

CoolIT has experienced exponential growth across the enterprise and commercial sectors of its business, largely due to the notable rise of AI.  This impressive growth led to CoolIT’s acquisition in 2023 by KKR and Mubadala, which has driven the company’s next phase of expansion and positioned it for global success. This achievement has been recognized through various awards from organizations such as the Financial Times, Start Alberta, and others. With operations in Europe, North America, and APAC, the company boasts over 350 employees serving customers worldwide with advanced direct liquid cooling solutions. And the growth isn’t slowing down.

About the ScaleUp Awards

The ScaleUp Gala & Awards serve as a platform for networking, recognition, and knowledge exchange among stakeholders invested in fostering growth and innovation in Western Canada’s business community. At the ScaleUp Gala and Awards, honorees are selected based on a comprehensive evaluation of their professional achievements, commitment to growth and scale, and overall influence within the Western Canadian region. Our award categories recognize diverse leaders who have made significant strides in advancing their enterprises and embodying the spirit of scale.

About CoolIT Systems

CoolIT Systems specializes in scalable liquid cooling solutions for the world’s most demanding computing environments. In the desktop enthusiast market, CoolIT provides unparalleled performance for a range of gaming systems. In the enterprise data center and high performance computing markets, CoolIT partners with global leaders in OEM server design to develop the most efficient and reliable liquid cooling solutions for their own leading-edge products. Through its modular, Direct Liquid Cooling technology, CoolIT enables dramatic increases in rack densities, component performance and power efficiencies. Together, CoolIT and its partners are leading the way for widespread adoption of high-performance computing.

For more information about CoolIT Systems and its technology visit and follow @CoolIT Systems on LinkedIn.

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