Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France
Climb Global Solutions completed the acquisition of NeoVAD, a France-based value-added IT distributor specializing in cybersecurity, cloud and virtualization, for approximately €16.0 million ($18.0 million). NeoVAD generated FY2025 EBITDA of roughly €2.2 million ($2.5 million), up 487% from about €378,000 the prior year, and brings approximately 300 active resellers plus vendor relationships including Cato Networks, DataCore and Netwrix. Management expects the deal to be accretive to earnings and adjusted EBITDA, citing NeoVAD's stronger margin profile and opportunities to expand Climb's Microsoft distribution business across EMEA.
Key figures
- Deal Value Usd
- 18000000
- Deal value eur
- €16.0 million
- Neovad active resellers
- 300
- Neovad ebitda yoy growth
- 487%
- Neovad fy2025 ebitda eur
- €2.2 million
- Neovad fy2025 ebitda usd
- $2.5 million
- Neovad prior year ebitda eur
- €378,000
AI analysis
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