Monitor Climb's next quarterly filing for initial contribution from NeoVAD and any guidance update reflecting the acquisition. The 487% EBITDA growth at NeoVAD suggests strong momentum, but integration risk and retention of key vendor relationships are key to realizing expected accretion.
Price Chart
Executive Summary
Climb Global Solutions acquired 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, and brings ~300 active resellers and vendor relationships including Cato Networks, DataCore, and Netwrix. The deal is expected to be accretive to earnings and adjusted EBITDA, expanding Climb's European platform and deepening strategic vendor relationships.
Key Financial Metrics
Key Facts
- Acquisition of NeoVAD for €16.0 million ($18.0 million) completed
- NeoVAD generated €2.2 million EBITDA in FY2025, up 487% from €378,000 in prior year
- NeoVAD serves ~300 active resellers in France with cybersecurity, cloud, and virtualization focus
- Deal expected to be accretive to earnings and adjusted EBITDA
- Expands Climb's European platform and strengthens vendor relationships with Cato Networks, DataCore, Netwrix
Financial Impact
€16.0 million ($18.0 million) purchase price; NeoVAD EBITDA of €2.2 million in FY2025
Risk Factors
- Integration of NeoVAD's operations, employees, and systems may be challenging
- Retention of key NeoVAD personnel, resellers, and vendor relationships is uncertain
- Anticipated accretion and synergies may not materialize within expected timeframe or at all
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3386252 |
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 4d ago | Press Release | $31.95 $32.84 | ▲ +2.79% | ▲ +3.31% | $32.85 (+2.82%) |
Oct 15, 2026 11d 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%) |
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