Wayside Technology Group, Inc.
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- Wayside Technology Group, Inc. (NASDAQ: WSTG), now operating as Climb Global Solutions, Inc. (NASDAQ: CLMB), serves as a value-added specialty IT channel distributor focused on emerging and cloud-based technologies; the company provides distribution and solutions for security, data management, cloud computing, connectivity, storage and HCI, virtualization, software development lifecycle (ALM), and cybersecurity products to value-added resellers (VARs), corporate resellers, consultants, systems integrators, managed service providers (MSPs), and end-user customers including businesses, government agencies, educational institutions, and campus stores. Core offerings include technical software and hardware distribution under brands such as Climb Channel Solutions, Sigma Software Distribution, TechXtend, and Grey Matter; value-added services encompassing professional support, training, education, cloud marketplaces like Climb Expedition and Expedition Cloud Marketplace, and technical support levels 1 and 2; SaaS solutions tailored for K-12 and higher education; and vendor partnerships with entities including Microsoft, VMware, IBM, Citrix, Fortinet, Adobe, GoGuardian, Incident IQ, VAST Data, Rubrik, Liongard, ControlUp, HCL Software, AlgoSec, Arcserve, Flexera, Libraesva, Censys, and Coro. Founded in 1982 and headquartered in Eatontown, New Jersey, the company conducts operations across North America, the United Kingdom, Ireland, Europe, the Middle East, and South Africa through subsidiaries and acquired entities. Latest major developments encompass a comprehensive rebranding from Wayside Technology Group to Climb Global Solutions in October 2022, accompanied by a ticker symbol change from WSTG to CLMB to unify its global strategy and enhance brand recognition; strategic acquisitions including UK-based Spinnakar Limited in August 2022 for $11.8 million to expand EMEA presence in storage, cloud, security, and data management with vendors like Vast Data, and Douglas Stewart Software & Services (DSS) in August 2024 for $20.3 million to bolster North American EdTech SaaS distribution serving over 500 resellers and 250 campus stores; and recent partnerships such as the U.S. agreement with Fortinet in December 2025 for enterprise-grade cybersecurity, a North American partnership with Liongard in November 2025 for automation solutions, and additional EMEA vendor deals with ControlUp, HCL Software, and others. These initiatives drove record net sales of $465.6 million in 2024, a 32% increase, alongside expansions like the reengineered Climb Expedition cloud marketplace for MSPs and plans for further M&A targeting master MSPs and AI/cybersecurity enhancements in 2025. The company targets high-growth segments underserved by broadline distributors, leveraging high-touch enablement, education, and cross-selling across its network of over 7,000 resellers, 1,500 MSPs, 100+ vendors, and 16+ territories.
Wayside Technology Group Rebrands to “Climb Global
Wayside Technology Group Sets Third Quarter 2022 Conference Call for November 3, 2022 at 8:30 a.m. ET
Climb Channel Solutions Partners with Calamu, Offering
Wayside Technology Group: Q2 EPS +54%, 20% Net Cash, 10x Ex-Cash P/E
Wayside Technology Group, Inc. (WSTG) CEO Dale Foster on Q2 2022 Results - Earnings Call Transcript
Wayside Technology Group Sets Second Quarter 2022 Conference Call for August 4, 2022 at 8:30 a.m. ET
Wayside Technology Group: Q1 EPS +74%, 23% Net Cash, 12x Ex-Cash P/E
Wayside Technology Group, Inc. (WSTG) CEO Dale Foster on Q1 2022 Results - Earnings Call Transcript
Wayside Technology Group Sets First Quarter 2022 Conference Call for May 6, 2022 at 8:30 a.m. ET
Wayside Technology: Get Ready To Be Bored, And Profitable
Wayside Technology Group: Record 4Q EPS +34%, Upgrading Price Target, 22% Net Cash
Wayside Technology Group, Inc. (WSTG) CEO Dale Foster on Q4 2021 Results - Earnings Call Transcript
Wayside Technology: 4x EPS Growth In Q3, 32% Net Cash, 7x P/E
Wayside Technology Group, Inc. (WSTG) CEO Dale Foster on Q3 2021 Results - Earnings Call Transcript
Wayside Technology Group Sets Third Quarter 2021 Conference Call for November 4, 2021 at 8:30 a.m. ET
Wayside Technology Group Announces Resignation of Carol DiBattiste from Board of Directors
Forian Inc. Announces $24 Million Private Placement of 3.5% Convertible Notes due 2025, Appoints New Chief Financial Officer
Wayside Technology Group to Virtually Participate at the 12th Annual Midwest IDEAS Investor Conference on August 25
Wayside Technology Group, Inc. (WSTG) CEO Dale Foster on Q2 2021 Results - Earnings Call Transcript
Wayside Technology: 33% Top-Line Growth, 11.2x P/E, 29% Net Cash