A dream deal? KKR pours $37M into merger of Charlotte, Pittsburgh sleep tech firms
CHARLOTTE – Backed by a $37 million investment from one of the world’s top investment firms, Kryo, the fast-growing Charlotte-based parent company of the sleep technology company ChiliSleep, is merging with a Pittsburgh company. It too focuses on sleep-related tech. ChiliSleep manufactures the chiliPAD and OOLER sleep system. Kryo ranked No. 615 on the 2020 Inc. 5000 list for fastest-growing small companies and the OOLER was voted the “product of the year” by Tech News World in 2019. Ebb Therapeutics, the manufacturer of the CoolDrift Luxe and CoolDrift Versa. Both companies man...
Source: wraltechwire.com