CoolIT Systems receives the “Transaction of the Year” award by START Alberta.

Global leader in advanced cooling receives prestigious award in the 2023 START Alberta Tech Awards.

CoolIT Systems (CoolIT) was honoured with the “Transaction of the Year” award from START Alberta thanks to our recent acquisition by KKR and Mubadala.

CoolIT Systems’ COO Patrick McGinn, states CoolIT Systems is more than just a tech company; it’s a narrative on Alberta’s potential, ingenuity, and entrepreneurial determination. CoolIT’s commitment to Alberta goes beyond designing and manufacturing best-in-class products. It’s about championing a culture of ambition, teamwork, and a drive to build a better community. Patrick said, “CoolIT winning this award is a testament to the Alberta tech ecosystem and marks a very proud moment for the team at CoolIT. It’s both a nod to our achievements and a signal of the exciting path ahead. We’re deeply grateful and even more motivated to continue our journey, leveraging all Alberta offers”.

About the 2023 START Alberta Tech Awards

START Alberta stands as the province’s most extensive database for startups and funding. It offers real-time data for founders, investors, corporations, and government stakeholders, meticulously documenting the local tech ecosystem.

The 6th annual Start Alberta Tech Awards was organized in Edmonton on October 11, 2023, during Edmonton Startup Week.  The event was conducted to recognize 12 individuals and organizations for their success and contributions to Alberta’s innovation ecosystem and for significantly impacting the province’s tech sector. The 2023 program sponsors include Alberta Enterprise Corporation, OSLER, A100+, Edmonton Unlimited, PLATFORM Calgary, VCAA, Digital Alberta, PROFOUND Talent, and INNOVATE CALGARY.

The most significant transaction of the year award is honored to the companies that have significantly impacted the Alberta ecosystem.

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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