NYTT FORETAK acquired by HAWK INFINITY SOFTWARE

Hawk Infinity Software (HIS) has entered into a definitive agreement to acquire the remaining 9.9% minority stake in Nytt Foretak AS. This transaction follows HIS’s original acquisition of a majority interest and results in the group now controlling 100% of the target’s equity. The settlement for this stake is primarily being executed through an issuance of shares in HIS’s parent company, Hawk Infinity AS. In tandem with the minority acquisition, HIS has reached a final settlement regarding the contingent deferred consideration (earn out) for Nytt Foretak. A total of NOK 12.6 million will be paid to resolve all outstanding claims under this agreement, also primarily settled via parent company shares. This move aligns with HIS’s broader strategy of consolidating full ownership in its high performing portfolio companies where founders had previously retained minority interests. The acquisition of full control allows for deeper integration and strategic alignment as Nytt Foretak continues its rapid growth, which saw a 57% revenue increase and 99% EBITDA growth year over year as of June 2025.

The acquisition of Nytt Foretak is part of the growth strategy of Hawk Infinity Software, which already has several external growth operations under its belt, notably Digiseg in 2025.