Watch for Climb's next quarterly filing to see initial revenue and EBITDA contribution from NeoVAD and any margin expansion from NeoVAD's higher-margin profile. Integration risk is mitigated by retention of key managers for 2 years.
Price Chart
Executive Summary
Climb Global Solutions acquired 100% of NeoVAD, a France-based value-added IT distributor, for approximately €16.0 million ($18.0 million). NeoVAD generated €2.2 million EBITDA in FY2025, up 487% YoY. The deal closed simultaneously with signing on October 21, 2026, and is expected to be accretive to EPS and adjusted EBITDA.
Key Financial Metrics
Key Facts
- Acquisition of NeoVAD for €16.0 million ($18.0 million) aggregate purchase price
- NeoVAD FY2025 EBITDA of approximately €2.2 million ($2.5 million), up 487% from ~€378,000 ($427,000) in prior fiscal year
- NeoVAD brings ~300 active resellers and vendor relationships including Cato Networks, DataCore and Netwrix
- Transaction expected to be accretive to earnings per share and adjusted EBITDA
- Key managers (Jérôme Boulon, Samer Frangi, Damien Lahbib) guaranteed to remain for minimum 2 years post-closing
- Closing occurred simultaneously with signing on October 21, 2026
Financial Impact
€16.0 million ($18.0 million) purchase price; NeoVAD generated €2.2 million EBITDA in FY2025 representing a ~7.3x EBITDA multiple; transaction expected to be accretive to EPS and adjusted EBITDA
Risk Factors
- Integration of NeoVAD's operations, employees and systems may face challenges
- Failure to retain key NeoVAD personnel, resellers or vendor relationships
- Anticipated synergies and accretion may not materialize within expected timeframe
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-033185 |
| Exhibit: ex_1029754.htm | 0001437749-26-033185 |
| Document: clmb20261022_8k.htm | 0001437749-26-033185 |
| Document: 0001437749-26-033185-index-headers.html | 0001437749-26-033185 |
| Document: 0001437749-26-033185-index.html | 0001437749-26-033185 |
| Document: 0001437749-26-033185.txt | 0001437749-26-033185 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $31.95 $32.84 | ▲ +2.79% | ▲ +3.31% | $32.85 (+2.82%) |
Oct 22, 2026 5d ago | Press Release | $31.95 $32.84 | ▲ +2.79% | ▲ +3.31% | $32.85 (+2.82%) |
Oct 15, 2026 12d ago | Press Release | $32.94 | awaiting T+1 | — | $32.85 (−0.27%) |
Jun 25, 2026 17w ago | 8-K | $22.34 $22.47 | ▲ +0.56% | ▼ −1.09% | $32.85 (+47.05%) |
Jun 17, 2026 18w ago | Press Release | $22.52 $22.71 | ▲ +0.84% | ▲ +0.06% | $32.85 (+45.87%) |
May 4, 2026 25w ago | Press Release | $18.76 $19.69 | ▲ +4.96% | ▲ +4.16% | $32.85 (+75.11%) |
Apr 16, 2026 27w ago | Press Release | $22.88 $22.84 | ▼ −0.17% | ▼ −1.39% | $32.85 (+43.58%) |
Mar 4, 2026 33w ago | Press Release | $22.65 $22.43 | ▼ −0.94% | ▼ −0.37% | $32.85 (+45.07%) |
Feb 25, 2026 34w ago | 8-K | $90.03 $94.68 | ▲ +5.16% | ▲ +5.65% | $32.85 (−63.51%) |
Feb 24, 2026 34w ago | 8-K | $23.25 $22.51 | ▼ −3.18% | ▼ −2.64% | $32.85 (+41.31%) |
US Market Status
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