---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016307"
form_type: "8-K"
ticker: "CLMB"
cik: "0000945983"
company_name: "Climb Global Solutions, Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T03:10:28.901731+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Climb Global Solutions acquires DataSolutions for $16.3M cash plus earn-out

## Summary
- Purchase price €15.4M ($16.3M) paid at closing in cash, plus potential earn-out.
- DataSolutions reported FY2023 adjusted EBITDA ~$3.3M, double-digit growth YoY.
- Acquisition adds Check Point, Citrix, HPE Aruba vendors; strengthens Ireland/UK footprint.
- Deal funded from cash on hand; expected immediately accretive to earnings and EBITDA margins.
- Closed October 6, 2023; Climb guarantees certain obligations under the SPA.

## SEC filing metadata
- accession: 0001558370-23-016307
- form_type: 8-K
- ticker: CLMB
- cik: 0000945983
- company_name: Climb Global Solutions, Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945983/000155837023016307/0001558370-23-016307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945983/000155837023016307/clmb-20231006x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016307
- JSON: https://secwatch.observer/filing/0001558370-23-016307.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016307.txt

## Key facts
- M&A Transactions
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/945983/000155837023016307/0001558370-23-016307-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/945983/000155837023016307/0001558370-23-016307-index.htm

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