Climb Global Solutions to Acquire Leading Ireland and UK IT Distributor DataSolutions
Acquisition expands Climb’s reach in Ireland and the UK
Strengthens portfolio in digital workspace, networking, hybrid multi-cloud, and cyber security
Further expands on expertise being delivered to partners and resellers
Dublin, 9th October 2023 – Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, has completed the acquisition of DataSolutions, a leading specialist distributor of innovative IT and security solutions in the UK and Ireland.
For more than 40 years, Climb Global Solutions has been connecting partners with emerging IT products and disruptive technologies. A leading value-added distributor, it delivers innovative solutions and services across the areas of virtualisation, cloud computing, security, connectivity, storage and infrastructure.
DataSolutions is an Ireland-based, specialist IT distributor serving the Irish and UK reseller markets. Its offering includes solutions across the areas of hybrid multi-cloud, cyber security, digital workspace and networking. It addresses the complex challenges around securing, managing and accessing data and applications spread across hybrid multi-cloud, while offering leading cyber security solutions that cover a wide range of risk mitigants.
The company brings its share of the Irish market and growing position in the UK to Climb, with 14 carefully selected blue-chip vendor partners – including Check Point, Citrix, Vercara, HPE Aruba, IGEL, Cato Networks and ColorTokens. For the fiscal year ended March 2023, DataSolutions reported revenue of approximately $136 million (€126 million), signifying double-digit growth from the prior fiscal year.
Together, Climb and DataSolutions will continue to deliver best-in-class solutions and services across both the Irish and UK markets. The partnership will also strengthen the portfolio of technologies and further expand on the expertise currently being delivered to partners and resellers, underpinned by a growing vendor portfolio.
Dale Foster, Climb CEO, said: “The acquisition of DataSolutions builds upon our goal to strengthen our business with new strategic, cutting-edge technology vendors and bolsters our geographic footprint in Western Europe. The quality and variety of their vendors will create cross-sell opportunities and enable us to deliver greater value together, positioning Climb as the distributor of choice for partners and resellers. Further, DataSolutions has established a robust recurring revenue base, with more than 90% of its fiscal 2023 revenue coming from existing reseller partners.”
Commenting on the acquisition, DataSolutions Managing Director Michael O’Hara stated: “Since DataSolutions’ was founded over 30 years ago, we have worked tirelessly to establish and maintain our best-in-market reputation for distribution and services. By joining forces with Climb, we will be able to enhance the offering we provide through our existing expert team, continuing to deliver service that powers success and adding value to customers in both Ireland and the UK.
“Climb’s commitment to working with cutting-edge vendors and its track record of delivering a professional yet personal service aligns with the standard of quality that our customers have come to expect and fits perfectly with our own company ethos. There is a synergy between our two organisations, so this is a very positive and exciting phase for the business. The future of DataSolutions is in excellent hands under the leadership of Dale Foster as it integrates into Climb’s global platform.”
DataSolutions and Climb Channel Solutions invites our channel partners to our upcoming Cloud Partner Forum 2024.
This event is designed to bring both Climb Channel Solutions and DataSolutions cloud and digital workspace vendor portfolio to all of our channel partners.
This is your opportunity to hear about updates on the latest technologies and industry trends, as well as hear from high-profile speakers in the channel. We’ll be sharing strategic approaches for integrating these technologies into your ecosystems, with an emphasis on unveiling new commercial opportunities for both our long-standing and newly onboarded partners.
Tuesday, 12th March at 113 Chancery Lane, London
About Climb Global Solutions
Climb Global Solutions, Inc. (NASDAQ:CLMB) is a value-added global IT distribution and solutions company specializing in emerging and innovative technologies. Climb operates across the US, Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter and Cloud Know How. The Company provides IT distribution and solutions for companies in the Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & ALM industries.
Additional information can be found by visiting at www.climbglobalsolutions.com.
About DataSolutions
DataSolutions is a leading value-added distributor of transformational IT solutions in the UK and Ireland since 1991. Its vision is to identify, evaluate and source technologies which help resellers and their customers to build, secure, manage and access their hybrid and multi-cloud infrastructure.
DataSolutions is passionate about delivering the best levels of service in the industry to enable partners to grow, sell more and future proof their business. It is widely recognized for its excellence in sales and marketing support and is a trusted expert for the technologies they provide.
DataSolutions' vendor portfolio includes innovators within the rapidly expanding areas of IT Security, Networking, Digital Workspace and Hybrid Multi-Cloud.
Check out the latest updates from DataSolutions
