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02/2025

ROQC DATA MANAGEMENT acquired by HAWK INFINITY SOFTWARE

NORWAY Software / Industry-Specific Software EV 300M - 700M NOK

Context

Hawk Infinity Software (HIS) has entered into a definitive agreement to acquire 100% of ROQC Data Management AS. The strategic rationale for the acquisition is to integrate ROQC’s high,margin subsurface data management technology into HIS’s expanding portfolio of industry,specific software. ROQC has demonstrated a strong track record of balancing top,line growth with improving profitability, currently generating LTM revenues of NOK 53 million and an LTM EBITDA of NOK 28 million. This move allows HIS to penetrate the energy and geoscience software vertical while benefiting from ROQC's established SaaS business model and its solid foundation for long,term growth. The acquisition marks another step in HIS's consolidation strategy, acquiring specialized B2B software leaders that offer non,disruptible technological solutions and exceptional cash flow conversion.

ROQC DATA MANAGEMENT, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

ROQC Data Management AS is a specialized Norwegian software company providing proprietary subsurface data management tools and specialized enhancements to subsurface technology platforms. Established in 2003, the organization is based in Sandnes and is recognized for its deep domain expertise and long tenure in the geoscience data management sector. The entity’s business model centers on a recurring revenue SaaS approach, focusing on the commercialization of R&D to deliver quality assured solutions that reduce data footprint and improve data governance for global energy clients. Its technical suite includes advanced plug,ins for industry,standard platforms like Petrel, Studio, and OpenWorks, as well as cloud native applications like ROQC LogQA, which utilizes machine learning for well log data quality assessment. By automating time consuming tasks, the group enables data managers to execute complex workflows in minutes that would otherwise require weeks of manual effort.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (NOK)

Year
Rev
EBITDA
EBIT
2025
2024

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REFERENCES

Valuation range: EV 300M - 700M NOK

Revenue range: 50M - 100M NOK

EBITDA range: 10M - 30M NOK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ROQC DATA MANAGEMENT by HAWK INFINITY SOFTWARE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: hawk infinity software