BAZE TECHNOLOGY
Acquired by
HAWK INFINITY SOFTWARE
BAZE TECHNOLOGY acquired by HAWK INFINITY SOFTWARE
Target
BAZE TECHNOLOGY
Acquirer
HAWK INFINITY SOFTWARE
Context
Hawk Infinity Software (HIS) has successfully completed the acquisition of 100% of Baze Technology. The strategic rationale for the acquisition is to integrate a high,performing, specialized IPTV and infotainment platform into HIS's vertical software portfolio. Baze Technology brings a strong financial profile, with LTM revenues of NOK 153.4 million and an LTM EBITDA of NOK 42.6 million. This move allows HIS to penetrate the maritime and hospitality software sectors while benefiting from Baze's established global customer base and technical leadership. The sale process, which was initiated in early 2024, was managed by Deloitte Corporate Finance, acting as the exclusive financial advisor to the sellers. This acquisition strengthens HIS's position as a leading consolidator of mission,critical B2B software in the Northern European market.
This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.0x since the beginning of 2026, a 14.6% decrease compared to 2025. This data is based on the contribution of our growing community, composed of M&A and private equity professionals.
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Target
Baze Technology is a premier Norwegian software provider specializing in advanced infotainment and IPTV solutions tailored for the maritime, offshore, and hospitality industries. The organization's core product, BazePort, is a market leading platform that delivers content, information, and entertainment services to crews and guests in demanding environments. Its business model focuses on high reliability and mission,critical software deployments, serving a global client base that includes shipping companies, offshore rigs, and luxury hotels. The entity has established a significant competitive moat through its deep domain expertise and a robust technology stack that operates seamlessly across both satellite and terrestrial networks. With a strong financial track record and consistent growth in recurring revenues, the group is recognized for its ability to enhance the onboard and in,room experience through innovative digital communication tools and specialized media distribution systems.
Ent. Value
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Historical Financials (EUR)
Other operations with BAZE TECHNOLOGY
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