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M&A

ROQC DATA MANAGEMENT

Acquired by

HAWK INFINITY SOFTWARE

Norway Software EV [100m NOK - 500m NOK] 02/2025

Target

ROQC DATA MANAGEMENT

Acquirer

HAWK INFINITY SOFTWARE

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.

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.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

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

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2025
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2024
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Other operations with ROQC DATA MANAGEMENT

mynth data is contributed by M&A / PE professionals and systematicaly cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.