DataSolutions acquired by global IT channel company
DataSolutions has been acquired by US-based value-added IT channel company Climb Global Solutions for an undisclosed sum.
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.
DataSolutions managing director Michael O’Hara said: “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 reported revenue of approximately €126 million for the fiscal year ended 2023, signifying double-digit growth from the prior fiscal year. Its customers include Check Point, Citrix, Vercara, HPE Aruba, IGEL, Cato Networks and ColorTokens.
Climb CEO Dale Foster 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.”
Climb is based in New Jersey and operates across the US, Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter and Cloud Know How.
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