Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Climb Global Solutions, Inc. completed an acquisition involving Michael O’Hara, Francis O’Haire, Roberta McCrossan, David Keating, Alan Smyth and Brian Davis for €15,447,136 plus earn-out (closed 2023-10-06).
- Action
- acquisition
- Counterparty
- Michael O’Hara, Francis O’Haire, Roberta McCrossan, David Keating, Alan Smyth and Brian Davis
- Consideration
- €15,447,136 plus earn-out
- Closing
- 2023-10-06
Exact text from the filing
Pursuant to the SPA, on October 6, 2023, Buyer, among other things, purchased the entire share capital of Data Solutions Holdings Limited, a private limited company under the laws of Ireland, (the “Data Solutions Acquisition”) from Seller for an aggregate purchase price of €15,447,136 (subject to certain working capital and other adjustments) plus a potential post-closing earn-out.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Climb Global Solutions, Inc. entered into Share Purchase Agreement with Sellers (Michael O'Hara, Francis O'Haire, Roberta McCrossan, David Keating, Alan Smyth and Brian Davis) valued at €15,447,136 plus potential post-closing earn-out (effective 2023-10-06).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Sellers (Michael O'Hara, Francis O'Haire, Roberta McCrossan, David Keating, Alan Smyth and Brian Davis)
- Value
- €15,447,136 plus potential post-closing earn-out
- Effective
- 2023-10-06
Exact text from the filing
On October 6, 2023, Climb Global Solutions Holdings UK Limited (“Buyer”), a private limited company under the laws of England and Wales and a wholly-owned subsidiary of Climb Global Solutions, Inc., a Delaware corporation (the “Company”), entered into a Share Purchase Agreement by and among Michael O’Hara, Francis O’Haire, Roberta McCrossan, David Keating, Alan Smyth and Brian Davis, as sellers (collectively, “Sellers”), Buyer and the Company (as guarantor) (the “SPA”). Pursuant to the SPA, on October 6, 2023, Buyer, among other things, purchased the entire share capital of Data Solutions Holdings Limited, a private limited company under the laws of Ireland, (the “Data Solutions Acquisition”) from Seller for an aggregate purchase price of €15,447,136 (subject to certain working capital and other adjustments) plus a potential post-closing earn-out.
View on SEC.gov