Climb Global Solutions buys France's NeoVAD for €16.0M ($18.0M), expects accretive to EPS and EBITDA

Climb Global Solutions, Inc.

Purchase agreement dated October 21, 2026; Climb acquired 100% of NeoVAD for ~€16.0M ($18.0M at €1=$1.12), subject to adjustments.
NeoVAD is a French value-added distributor of cybersecurity, cloud and virtualization solutions with ~300 active reseller partners.
NeoVAD FY2025 EBITDA ~€2.2M ($2.5M), up 487% from ~€378K ($427K) the prior fiscal year, per management-prepared internal statements.
Vendor relationships include Cato Networks, DataCore and Netwrix; Climb cites opportunity to expand its Microsoft distribution business via NeoVAD's local training and support.
CEO Dale Foster said the deal should be accretive to earnings and adjusted EBITDA, with NeoVAD's stronger margin profile supporting profitability targets.

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