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Home M&A

Climb CEO flags ‘increasing interest’ in European M&A

Hints at more M&A as Q3 net sales rise 35%

Oxygen staff by Oxygen staff
29 October 2025
in M&A, Distributor, News
Brian Davis, Dale Foster and Roberta McCrossan, Climb

Dale Foster with Climb execs Brian Davis and Roberta McCrossan

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Climb Global Solutions’ CEO dropped yet another European M&A hint as the software distributor unveiled Q3 results showing a double-digit top-line uplift.

The NASDAQ-listed outfit, which specialises in building markets for ‘challenger’ vendors, saw net sales clamber 35% year on year $161.3m in the three months to 30 September 2025.

Gross billings rose 8% to $504.6m, while adjusted EBITDA slipped fractionally to $10.9m.

In the Q3 results statement, Climb CEO Dale Foster hinted that the distributor may look to follow up its 2022 and 2023 purchases of Spinnakar and DataSolutions by acquiring again in Europe.

Its most-recent acquisition was that of US-based Adobe distributor Douglas Stewart Software & Services last August.

Foster said recently that he sees Europe ultimately generating half of VAST, ManageEngine and SolarWinds ally Climb’s top line.

Dale Foster, CEO, Climb
Dale Foster, CEO, Climb

“Looking ahead, we will continue to work through a healthy pipeline of strategic acquisition opportunities, with increasing interest in European markets, to enhance our offerings and expand our presence in both North America and overseas,” Foster said in today’s statement.

”We believe these initiatives, coupled with our robust balance sheet and demonstrated track record of accretive M&A, will enable us to close out 2025 on a strong note and deliver another year of record results.”

Ranking 17th in Oxygen Must-Know Distributors and Marketplaces 2025, Climb’s business units include Climb Channel Solutions, Grey Matter and Climb Global Services.

Looking at Climb’s $504.6m gross billings, some $481.9m was generated by its distribution activities and $22.7m from its Solutions segment.

Tags: Climb Channel SolutionsClimb Global Solutionsfeatured
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