M&A Deal Summary

Climb Global Solutions Acquires Douglas Stewart Software & Services

On August 7, 2024, Climb Global Solutions acquired software company Douglas Stewart Software & Services

Acquisition Highlights
  • This is Climb Global Solutions’ 1st transaction in the Software sector.
  • This is Climb Global Solutions’ 2nd transaction in the United States.
  • This is Climb Global Solutions’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2024-08-07
Target Douglas Stewart Software & Services
Sector Software
Buyer(s) Climb Global Solutions
Deal Type Add-on Acquisition

Target

Douglas Stewart Software & Services

Madison, Wisconsin, United States
Douglas Stewart Software & Services is a specialty distributor focused on SaaS solutions for education customers. Douglas Stewart Software & Services is based in Madison, Wisconsin.

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Buyer(S) 1

Buyer

Climb Global Solutions

Eatontown, New Jersey, United States

Category Company
Founded 1982
Sector Information Technology
Employees342
Revenue 352M USD (2023)
DESCRIPTION

Climb Global Solutions is an IT distribution and solutions company specializing in emerging and disruptive technologies. Wayside operates across the US, Canada, and Europe through multiple business units, including Climb Channel Solutions, Grey Matter, and CloudKnowHow. The Company provides IT distribution and solutions for emerging companies in the Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & ALM industries. Climb Global Solutions was founded in 1982 and is based in Eatontown, New Jersey.


DEAL STATS #
Overall 4 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Wisconsin) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-09 DataSolutions

Dublin, Ireland

DataSolutions is a distributor of IT solutions. The Company identify, evaluate, and source technologies which help resellers and their customers to build, secure, manage and access their hybrid and multi-cloud infrastructure. DataSolutions was founded in 1991 and is based in Dublin, Ireland.

Buy $16M