Climb Channel Solutions announces North American distribution deal with Forcepoint

Published 03/09/2025, 12:10
Climb Channel Solutions announces North American distribution deal with Forcepoint

EATONTOWN, N.J. - Climb Channel Solutions, a specialty technology distributor and subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB), has formed a North American distribution partnership with data security company Forcepoint. The company, which has demonstrated robust financial health according to InvestingPro data, has achieved impressive revenue growth of 56% in the last twelve months.

The agreement will combine Climb’s channel expertise with Forcepoint’s data security solutions to expand market reach across North America, according to a company press release issued Wednesday.

Forcepoint offers an AI-native unified data security platform that provides visibility and control across multiple channels, designed to protect sensitive information automatically. The platform discovers and classifies sensitive data across users, clouds, SaaS applications, email and AI tools.

"Forcepoint is a recognized leader in AI-native data security, and this partnership represents a powerful opportunity to expand access to their trusted solutions across North America," said Dale Foster, CEO of Climb. The company’s strong market position is reflected in its financial metrics, with InvestingPro data showing the stock has delivered a 38.5% return over the past year.

Tim Puccio, Vice President of Global Channels at Forcepoint, noted that "in today’s AI-driven era, data security must be more self-aware to close the gap between visibility and control."

The partnership aims to provide resellers and customers with security solutions that adapt to changing risk environments while protecting data across various digital platforms.

Climb Channel Solutions operates as a wholly owned subsidiary of Climb Global Solutions, which trades on the Nasdaq under the ticker CLMB. According to InvestingPro analysis, the company currently appears undervalued, with additional ProTips highlighting strong cash flow metrics and consistent dividend payments. For detailed insights and more ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Climb Global Solutions Inc. reported impressive financial results for the second quarter of 2025, significantly surpassing both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $1.39, which was 40.4% higher than the forecasted $0.99. Revenue reached $159.3 million, compared to the anticipated $97.05 million, resulting in a 64.14% surprise. These figures highlight the company’s robust performance during this period. The positive earnings report has captured the attention of investors and analysts alike. While specific analyst ratings were not mentioned, such strong results often lead to reevaluations of stock positions. Climb Global Solutions continues to be a company to watch as it navigates the financial landscape.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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