Climb Global Solutions Acquires France-Based NeoVAD for $18 Million

Key Facts

1Climb Global Solutions completed the acquisition of France-based NeoVAD for approximately $18.0 million.

2The transaction is expected to be accretive to earnings and Adjusted EBITDA.

Climb Global Solutions completed the acquisition of France-based NeoVAD for approximately $18.0 million. GlobeNewswire reported that the transaction aims to expand Climb's European platform and deepen strategic vendor relationships within the French market, as NeoVAD specializes in value-added IT distribution for cybersecurity and cloud services.

The transaction is expected to be accretive to the company's earnings and Adjusted EBITDA. CLMB closed at $31.33 on October 21, 2026, with the stock reaching a day high of $31.79 and a low of $30.82 on the same date.