Mergers & Acquisitions ·
Climb Global Solutions acquires NeoVAD for €16.0M to expand French IT distribution
CLMBClimb Global Solutions, Inc.
Climb Global Solutions, Inc. entered into a Sale and Purchase Agreement on October 21, 2026, to acquire 100% of the shares of NeoVAD for approximately €16.0 million ($18.0 million). NeoVAD is a France-based value-added IT distributor specializing in cybersecurity, cloud services, and virtualization solutions, serving approximately 300 active resellers. For its fiscal year ended December 31, 2025, NeoVAD generated EBITDA of approximately €2.2 million ($2.5 million). The transaction is expected to be accretive to earnings per share and adjusted EBITDA. Climb Global Solutions operates as a value-added global IT distribution and solutions company specializing in emerging technologies.