m_and_a
confidence high
sentiment positive
materiality 0.70
Climb Global Solutions acquires interworks.cloud for €8M; expects accretion
Climb Global Solutions, Inc.
- Acquired interworks.cloud for approx. €8.0M ($9.4M) in cash; deal closed Feb 24, 2026.
- Interworks has over 600 cloud reseller/MSP relationships in Greece, Malta, Cyprus, Bulgaria.
- Interworks FY2025 adj. EBITDA ~€901k ($1.0M), up 86% from ~€485k prior year.
- Acquisition expected to be accretive to EPS and adjusted EBITDA; entire Interworks team joins Climb.
- Strengthens Climb's Pan-European Microsoft CSP strategy and cloud distribution in Southeastern Europe.
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