M&A - Climb Global Solutions, Inc.

Form Type: 10-K

Filing Date: 2025-03-11

Corporate Action: Acquisition

Type: New

Accession Number: 000143774925006986

Filing Summary: Climb Global Solutions, Inc. filed its annual report for the fiscal year ending December 31, 2024, detailing its business operations primarily in IT distribution and cloud solutions. It operates mainly through two segments: Distribution, which accounts for approximately 95% of sales, and Solutions, contributing about 5%. The report highlights the company’s extensive line of products and partnerships with various vendors, emphasizing its operational efficiency and reliance on dropshipping to reduce inventory costs. Acquisitions are noted as a strategic growth avenue, specifically mentioning the acquisition of Douglas Stewart Software Services LLC in 2023. The company’s financials reflect a solid year, with a significant market value reported as of June 30, 2024. Additionally, the report includes forward-looking statements about ongoing market challenges and competitive dynamics. There are cautionary notes about reliance on new technologies and vendor relationships, as well as potential risks from economic fluctuations.

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