---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-013781"
form_type: "8-K"
ticker: "CLMB"
cik: "0000945983"
company_name: "Climb Global Solutions, Inc."
filed_at: "2022-08-18T23:59:59+00:00"
generated_at: "2026-06-23T22:59:16.680112+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wayside Technology Group acquires EMEA channel distributor Spinnakar for £9.75M

## Summary
- Purchase price of £9.75M ($11.8M) payable at closing, plus potential earn-out; funded from cash on hand.
- Spinnakar reported pre-tax income of $2.0M for trailing 12 months ended July 31, 2022.
- Acquisition adds 15+ vendor partners including Vast Data; expected to be accretive to gross margin and EPS.
- Founder and CEO Gerard Brophy to continue leading Spinnakar and join Wayside as a Managing Director.

## SEC filing metadata
- accession: 0001558370-22-013781
- form_type: 8-K
- ticker: CLMB
- cik: 0000945983
- company_name: Climb Global Solutions, Inc.
- filed_at: 2022-08-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945983/000155837022013781/0001558370-22-013781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945983/000155837022013781/wstg-20220818x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-013781
- JSON: https://secwatch.observer/filing/0001558370-22-013781.json
- Plain text: https://secwatch.observer/filing/0001558370-22-013781.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.