{"id":1012589,"date":"2026-10-22T10:02:06","date_gmt":"2026-10-22T14:02:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/climb-global-solutions-acquires-neovad-building-greater-scale-in-france\/"},"modified":"2026-10-22T10:02:06","modified_gmt":"2026-10-22T14:02:06","slug":"climb-global-solutions-acquires-neovad-building-greater-scale-in-france","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/climb-global-solutions-acquires-neovad-building-greater-scale-in-france\/","title":{"rendered":"Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France"},"content":{"rendered":"
\n

\n Acquisition Expands Climb\u2019s European Platform and Deepens Strategic Vendor Relationships<\/em>\n <\/p>\n

\n Transaction Expected to be Accretive to Earnings and Adjusted EBITDA<\/em>\n <\/p>\n

EATONTOWN, N.J., Oct. 22, 2026 (GLOBE NEWSWIRE) — Climb Global Solutions, Inc. (NASDAQ:CLMB) (\u201cClimb\u201d or the \u201cCompany\u201d), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, has completed the acquisition of NeoVAD, a France-based value-added IT distributor focused on cybersecurity, cloud services and virtualization, serving reseller partners across the French market, for an aggregate purchase price of approximately \u20ac16.0 million ($18.0 million1<\/sup>).<\/p>\n

NeoVAD brings its established presence in France to Climb with approximately 300 active resellers and vendor relationships including Cato Networks, DataCore and Netwrix, among others. For its fiscal year ended December 31, 2025, NeoVAD generated EBITDA of approximately \u20ac2.2 million2<\/sup> ($2.5 million)3<\/sup>, which was up 487% from approximately \u20ac378,0002<\/sup> ($427,000)3<\/sup> the prior fiscal year.<\/p>\n

\n Management Commentary<\/strong>\n <\/p>\n

\u201cNeoVAD is a strong fit with our strategy to continue expanding Climb\u2019s scale and capabilities across Europe,\u201d said Climb CEO Dale Foster. \u201cThe acquisition adds meaningful reach in France while strengthening several important vendor relationships and creating opportunities to bring more of Climb\u2019s portfolio to NeoVAD\u2019s reseller network. At the same time, NeoVAD\u2019s established position in France can help us build greater depth with vendors including Cato Networks, DataCore and Netwrix across our broader platform. We also see a meaningful opportunity to expand our Microsoft distribution business by pairing our existing EMEA capabilities with NeoVAD\u2019s local training and technical support expertise. We expect this acquisition to be accretive to earnings and adjusted EBITDA, while NeoVAD\u2019s stronger margin profile further supports our profitability objectives and expands our European platform for continued growth.\u201d<\/p>\n

Commenting on the acquisition, NeoVAD Founder and CEO J\u00e9r\u00f4me Boulon stated: \u201cFor more than a decade, we have built NeoVAD around a focused portfolio of cybersecurity, cloud and virtualization solutions and a high-touch model designed to help resellers successfully bring those technologies to market. Climb shares our focus on specialized, value-added distribution and brings broader scale and capabilities that can help us build on what we have established in France. We see significant opportunity to expand the solutions we bring to our reseller partners while creating additional opportunities for our vendors across Climb\u2019s European platform.\u201d<\/p>\n

Additional information can be found in Climb\u2019s Current Report on Form 8-K to be filed with the Securities and Exchange Commission on October 22, 2026.<\/p>\n

\n About Climb Global Solutions<\/strong>\n <\/p>\n

Climb Global Solutions, Inc. (NASDAQ:CLMB) is a value-added global IT distribution and solutions company specializing in emerging and innovative technologies. Climb operates across the U.S., Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter and Climb Global Services. The Company provides IT distribution and solutions for companies in the Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & ALM industries.<\/p>\n

Additional information can be found by visiting www.climbglobalsolutions.com<\/a>.<\/p>\n

\n About NeoVAD<\/strong>\n <\/p>\n

NeoVAD is a value-added IT distributor headquartered in Boulogne-Billancourt, France, serving reseller partners across the French market. The company specializes in cybersecurity, cloud services and virtualization solutions and maintains relationships with technology vendors including Cato Networks, DataCore and Netwrix, among others. NeoVAD operates a fully indirect, two-tier distribution model supporting approximately 300 active resellers, integrators and MSPs. Through its high-touch approach, the company provides presales, technical training, marketing and demand-generation support designed to help partners successfully bring vendor solutions to market.<\/p>\n

\n Non-GAAP Financial Measures<\/strong>\n <\/p>\n

Climb uses non-GAAP financial measures, including adjusted EBITDA, as supplemental measures of the performance of the Company\u2019s business. Use of these financial measures has limitations, and you should not consider them in isolation or use them as substitutes for analysis of Climb\u2019s financial results under generally accepted accounting principles in the United States of America (\u201cU.S. GAAP\u201d).<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

The statements in this release, other than statements of historical fact, are \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), and are intended to come within the safe harbor protection provided by those sections. These forward-looking statements are subject to certain risks and uncertainties. Many of the forward-looking statements may be identified by words such as \u201dlooking ahead,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201canticipates,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cforecasts,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cwill,\u201d \u201cconfident,\u201d \u201cmay,\u201d \u201ccan,\u201d \u201cpotential,\u201d \u201cpossible,\u201d \u201cproposed,\u201d \u201cin process,\u201d \u201cunder construction,\u201d \u201cin development,\u201d \u201copportunity,\u201d \u201ctarget,\u201d \u201coutlook,\u201d \u201cmaintain,\u201d \u201ccontinue,\u201d \u201cgoal,\u201d \u201caim,\u201d \u201ccommit,\u201d or similar expressions, or when we discuss our priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. In this press release, the forward-looking statements relate to, among other things, declaring and reaffirming our strategic goals, future operating results, and the effects and potential benefits of strategic acquisitions on our business. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include, without limitation, our ability to recognize the anticipated benefits of the acquisitions of NeoVAD and interworks.cloud, the possibility that the anticipated earnings and adjusted EBITDA accretion, synergies, margin improvements and other strategic benefits of the NeoVAD acquisition may not be realized within the expected timeframe or at all; difficulties integrating NeoVAD’s operations, employees, systems and distribution activities; the Company’s ability to retain key NeoVAD personnel, resellers and vendor relationships; and changes in the commercial terms, availability or performance of material vendor arrangements; the continued acceptance of the Company\u2019s distribution channel by vendors and customers, the timely availability and acceptance of new products, product mix, market conditions, competitive pricing pressures, the successful integration of acquisitions, contribution of key vendor relationships and support programs, inflation, import and export tariffs, the successful integration artificial intelligence tools, interest rate risk and impact thereof, as well as factors that affect the software industry in general. The forward looking statements contained herein are also subject generally to other risks and uncertainties that are described in the section entitled \u201cRisk Factors\u201d contained in Item 1A. of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and from time to time in the Company\u2019s filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by law.<\/p>\n

\n Company Contact<\/strong>\n <\/p>\n

Matthew Sullivan
Chief Financial Officer
(732) 847-2451
MatthewS@ClimbCS.com<\/a><\/p>\n

\n Investor Relations Contact<\/strong>\n <\/p>\n

Sean Mansouri, CFA or Aaron D\u2019Souza
Elevate IR
(720) 330-2829
CLMB@elevate-ir.com<\/a><\/p>\n

\n

\n 1<\/sup> Amount converted from EUR to USD based on an exchange rate of \u20ac1 = $1.12 as of 10\/21\/26.
2<\/sup> Amount derived from the internal financial statements prepared by management of NeoVAD and may not be comparable to Climb\u2019s non-GAAP measures.
3<\/sup> Amount converted from EUR to USD based on average exchange rate during the 12-month period ended December 2025 (\u20ac1 = $1.13).<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Acquisition Expands Climb\u2019s European Platform and Deepens Strategic Vendor Relationships Transaction Expected to be Accretive to Earnings and Adjusted EBITDA EATONTOWN, N.J., Oct. 22, 2026 (GLOBE NEWSWIRE) — Climb Global Solutions, Inc. (NASDAQ:CLMB) (\u201cClimb\u201d or the \u201cCompany\u201d), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, has completed the acquisition of NeoVAD, a France-based value-added IT distributor focused on cybersecurity, cloud services and virtualization, serving reseller partners across the French market, for an aggregate purchase price of approximately \u20ac16.0 million ($18.0 million1). NeoVAD brings its established presence in France to Climb with approximately 300 active resellers and vendor relationships including Cato Networks, DataCore and Netwrix, among others. For its fiscal year ended December … <\/p>\n

Continue reading “Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1012589","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nClimb Global Solutions Acquires NeoVAD, Building Greater Scale in France - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/climb-global-solutions-acquires-neovad-building-greater-scale-in-france\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Acquisition Expands Climb\u2019s European Platform and Deepens Strategic Vendor Relationships Transaction Expected to be Accretive to Earnings and Adjusted EBITDA EATONTOWN, N.J., Oct. 22, 2026 (GLOBE NEWSWIRE) — Climb Global Solutions, Inc. (NASDAQ:CLMB) (\u201cClimb\u201d or the \u201cCompany\u201d), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, has completed the acquisition of NeoVAD, a France-based value-added IT distributor focused on cybersecurity, cloud services and virtualization, serving reseller partners across the French market, for an aggregate purchase price of approximately \u20ac16.0 million ($18.0 million1). NeoVAD brings its established presence in France to Climb with approximately 300 active resellers and vendor relationships including Cato Networks, DataCore and Netwrix, among others. 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(NASDAQ:CLMB) (\u201cClimb\u201d or the \u201cCompany\u201d), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, has completed the acquisition of NeoVAD, a France-based value-added IT distributor focused on cybersecurity, cloud services and virtualization, serving reseller partners across the French market, for an aggregate purchase price of approximately \u20ac16.0 million ($18.0 million1). NeoVAD brings its established presence in France to Climb with approximately 300 active resellers and vendor relationships including Cato Networks, DataCore and Netwrix, among others. 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