Evolver Equity successfully exited its investment in Nordic BIM Group, achieving over a 5x return on investment, with the acquisition by Hawk Infinity marking a significant milestone for both entities.

Target Company Overview

Evolver Equity has successfully exited its investment in Nordic BIM Group (NBG), a premier pan-Nordic provider of Building Information Modelling (BIM) and Life Cycle Assessment (LCA) software solutions. The exit was finalized on August 11, 2025, with the transaction being acquired by the Norwegian investment firm Hawk Infinity. This exit significantly benefited Evolver Fund I and its stakeholders, achieving a remarkable 5x multiple on invested capital (MOIC), surpassing the Fund's initial target of 4x.

Since its inception, NBG has positioned itself as a resilience leader within the BIM sector, skillfully navigating challenges presented by the COVID-19 pandemic and macroeconomic fluctuations, such as rising interest rates and a depressed construction market. Under Evolver’s strategic guidance, NBG managed to solidify its market authority and grow its operations effectively.

Industry Overview

The Nordic construction technology industry, particularly in BIM and LCA sectors, has seen substantial growth in recent years as the demand for digitalization and sustainable practices continues to rise. With an increasing number of con