Climb Global Solutions completed the acquisition of Greece-based interworks.cloud for approximately €8.0 million ($9.4 million) to strengthen its Pan-European Microsoft distribution strategy. The acquisition adds over 600 cloud resellers and is expected to be accretive to earnings and adjusted EBITDA.
Acquired interworks.cloud for approximately $9.4 million (€8.0 million) to expand reach in Southeastern Europe.
Interworks reported a fiscal year 2025 adjusted EBITDA of approximately $1.0 million (€901,002).
The acquisition adds over 600 cloud reseller and MSP relationships and key vendor partners like Microsoft and Acronis.
The transaction is expected to be accretive to earnings per share and adjusted EBITDA for Climb Global Solutions.
Climb expects the acquisition to be accretive to earnings and adjusted EBITDA while strengthening its position in the Microsoft CSP ecosystem.
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