Moore Barlow advises on new acquisition

Moore Barlow has played a pivotal role in advising Climb Global Solutions on its acquisition of interworks.cloud, a deal valued at approximately €8.0 million. Climb Global Solutions, a NASDAQ listed company, is focused on enhancing its cloud and software distribution capabilities throughout Europe. This strategic acquisition not only amplifies Climb's presence in Southeastern Europe but also extends its Microsoft Cloud Solution Provider distribution footprint across the continent.

Interworks.cloud, which is based in Greece, is a prominent cloud distributor offering services to a vast network of resellers and managed service providers. The acquisition will incorporate over 600 reseller and managed service provider relationships from Greece, Malta, Cyprus, and Bulgaria into Climb's operations, thus broadening its regional reach and unlocking new avenues for growth in cloud and software distribution.

The European cloud distribution landscape has been underlined by ongoing investment and consolidation, with statistics suggesting that 52.7% of enterprises within the EU were utilising paid cloud services in 2025. Matthew Sullivan, Chief Financial Officer at Climb Global Solutions, highlighted the strategic nature of the acquisition, stating, “The acquisition of interworks.cloud marks an exciting step in strengthening our cloud and software distribution capabilities across Europe. The business has built an outstanding reputation and partner network across Southeastern Europe, and we look forward to supporting its continued growth as part of Climb."

The legal guidance provided by Moore Barlow was essential to navigate the complexities involved in this cross-border transaction, with the firm’s Corporate Team overseeing the drafting and negotiation of transaction documentation. Jeremy Over, Head of Corporate at Moore Barlow, remarked on the growing momentum in the technology sector, commenting, “We are continuing to see strong momentum in the technology and IT channel sector as businesses look to strengthen their cloud distribution capabilities and expand their international reach.”

This acquisition showcases Moore Barlow’s expertise in advising on international technology and IT channel M&A transactions, reinforcing the firm’s active engagement in sectors experiencing consolidation and international growth. With this type of transaction, the firm continues to support clients and investors navigating the evolving landscape of cloud adoption and distribution.