Evolver Equity has finalized the sale of 100% of Nordic BIM Group to the investment firm Hawk Infinity. This exit marks the end of a cycle for the Evolver Fund I, which transformed NBG through a proactive "buy-and-build" strategy. The operation resulted in doubling the Annual Recurring Revenue (ARR) and establishing a presence across the entire Nordic region. For Evolver, this transaction constitutes a major success, generating a Multiple on Invested Capital (MoIC) exceeding 5.0x, significantly surpassing the fund's initial objectives. Hawk Infinity takes over to support the next phase of growth, focusing particularly on the expansion of the LCA (Life Cycle Assessment) software suite as environmental standards tighten.

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, 5.1% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.