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Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France

Globe Newswire•22/10/2026•08:00 ET
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Key Highlights

  • ➤NeoVAD acquired for approximately €16.0 million ($18.0 million)
  • ➤NeoVAD 2025 EBITDA €2.2 million, up 487% year over year
  • ➤NeoVAD adds approximately 300 active French resellers
  • ➤Climb expects acquisition accretive to earnings and adjusted EBITDA

Expert Statements

Dale Foster, CEO of Climb Global Solutions

“NeoVAD is a strong fit with our strategy to continue expanding Climb’s scale and capabilities across Europe.”

Dale Foster, CEO of Climb Global Solutions

“The acquisition adds meaningful reach in France while strengthening several important vendor relationships and creating opportunities to bring more of Climb’s portfolio to NeoVAD’s reseller network.”

Dale Foster, CEO of Climb Global Solutions

“At the same time, NeoVAD’s established position in France can help us build greater depth with vendors including Cato Networks, DataCore and Netwrix across our broader platform.”

Dale Foster, CEO of Climb Global Solutions

“We also see a meaningful opportunity to expand our Microsoft distribution business by pairing our existing EMEA capabilities with NeoVAD’s local training and technical support expertise.”

Dale Foster, CEO of Climb Global Solutions

“We expect this acquisition to be accretive to earnings and adjusted EBITDA, while NeoVAD’s stronger margin profile further supports our profitability objectives and expands our European platform for continued growth.”

Jérôme Boulon, Founder and CEO of NeoVAD

“For more than a decade, we have built NeoVAD around a focused portfolio of cybersecurity, cloud and virtualization solutions and a high-touch model designed to help resellers successfully bring those technologies to market.”

Jérôme Boulon, Founder and CEO of NeoVAD

“Climb shares our focus on specialized, value-added distribution and brings broader scale and capabilities that can help us build on what we have established in France.”

Jérôme Boulon, Founder and CEO of NeoVAD

“We see significant opportunity to expand the solutions we bring to our reseller partners while creating additional opportunities for our vendors across Climb’s European platform.”

Acquisition Expands Climb’s European Platform and Deepens Strategic Vendor Relationships

Transaction Expected to be Accretive to Earnings and Adjusted EBITDA

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