WhiteBit UAB has been acquired by Hawk Infinity Software AS

WhiteBit UAB has been acquired by Hawk Infinity Software AS. Norwegian investment company Hawk Infinity is recognized for its long-term investment philosophy, focusing on close collaboration with company founders and management. This transaction marks a new chapter in WhiteBit’s development and is expected to accelerate growth, strengthen its leadership in key areas of expertise and support expansion beyond Lithuania.

WhiteBit is one of the leading IT companies in Lithuania, providing data networks, cybersecurity and virtualization solutions. Partnering with leading global vendors, the company provides design, installation and maintenance of mission-critical IT infrastructure across the public and private sectors, serving key institutions and major enterprises in government, defense, telecommunications, energy and utilities, financial services and retail.

Hawk Infinity is a privately owned, Norway-based group specializing in enterprise software companies. It invests in profitable software businesses with strong market positions within their niches, focusing geographically on Northern Europe.

Oaklins’ team in Lithuania acted as the full-scope sell-side M&A advisor to the sellers and the company throughout the entire transaction, from preparation to completion.