04/01/2026
With the recent acquisition of CoolIT Systems by Ecolab I thought it would be prudent to do a short piece on some things to think about when getting a sudden payout. So here are a few things to consider as you look for someone to provide personalized professional advice.
If you’re in a situation similar to or are one of the roughly 650 CoolIT Systems employees in Calgary set to receive an average payout of around $240,000 USD (about $333,000 CAD as of April 2026) following the company’s $4.75 billion acquisition by Ecolab, you may be wondering: what does this me...