A Norwegian investment firm, Hawk Infinity, and Lithuanian company WB Holding have finalized a deal to acquire OptiCom, a Latvia-based IT solutions provider specializing in cybersecurity and infrastructure development. The acquisition signals increased consolidation within the Baltic IT sector and reflects growing international investment in the region’s technology landscape. OptiCom, founded in 1994, boasts a strong track record serving both public and private sector clients, and this move aims to bolster its growth and expand its reach alongside WhiteBit, a Lithuanian IT integrator already partially owned by WB Holding.
Norwegian investment firm Hawk Infinity and Lithuanian company WB Holding, a minority shareholder in one of Lithuania’s leading IT integrators, WhiteBit, have reached an agreement to acquire OptiCom, marking a new phase of development for the IT markets in both Latvia and Lithuania.
OptiCom, a leading information technology company in Latvia with over 31 years of experience, specializes in developing and servicing IT infrastructure and cybersecurity solutions for Latvian businesses. The company announced the deal with Hawk Infinity and WB Holding on [Date of Announcement – *not provided in source*], signaling a strategic move designed to expand opportunities for both clients and employees, and to facilitate further growth in Latvian and international markets.
“Joining the Hawk Infinity team is a significant step aligned with our long-term vision for the IT sector, allowing us to grow, innovate, and expand our operations beyond Latvia,” said Semjons Oļevskis, founder of OptiCom. “This project fosters close collaboration with WhiteBit, uniting two similarly structured IT companies with a strong presence in the Baltic IT market, creating new avenues for enhancing client IT infrastructure. As a sustainable investor, Hawk Infinity will help us preserve our identity, gain experience, and achieve higher standards.”
OptiCom is known for its professional expertise, experienced specialists, and highly sought-after IT professionals in Latvia. Continuous training and certifications – including MCSE, HP ASE & AIS – enable the company to deliver professional solutions to a wide range of applications and challenges. This commitment to quality is further demonstrated by its ISO 27001:2022 and ISO 9001:2015 certifications. Founded in 1994, OptiCom currently employs 38 highly qualified specialists and has built a strong reputation for successfully addressing diverse IT challenges in both the private and public sectors.
The company maintains long-standing partnerships with leading global IT solution providers, including Check Point, Cisco, Fortinet, Hewlett Packard Enterprise, Cohesity, Veeam, Splunk, Microsoft, Radware, Trend Micro, and Juniper, collaborating on successful projects for Latvian businesses and organizations.
WhiteBit, established in 2017 and currently employing 20 highly qualified specialists, has become a trusted partner for clients in Lithuania and abroad over the past eight years, providing modern IT solutions from needs analysis and system design to implementation, integration, and maintenance. The company also collaborates with global IT leaders such as Check Point, Cisco, Broadcom, Fortinet, Hewlett Packard Enterprise, Nokia, Nutanix, Packet Light Networks, and Extreme Networks.
“WhiteBit welcomes OptiCom to the Hawk family of companies,” stated Airius Jaruševičius, head of WhiteBit. “Our joint decision with Hawk Infinity to invest in OptiCom was based on the clear similarities between our organizations, as well as the complementary skills and experience each brings to the table. Together, these strengths open new opportunities for robust expansion into international markets.”
Hawk Infinity, a Norwegian investment firm, focuses on long-term partnerships with founder-led successful companies and is recognized for its sustainable business development strategy, built on close collaboration with entrepreneurs and management teams. Following the acquisition of OptiCom, Hawk Infinity plans to retain the existing team, strengthen investments in innovation and employee development, while ensuring clients continue to receive uninterrupted service.
“We are delighted to welcome OptiCom to the Hawk Infinity family, which will strengthen our position in the Baltic IT market and help us achieve our ambitious goal of becoming the preferred partner for successful company founders,” said Johan Michelsen, founder of Hawk Infinity. The acquisition underscores the growing interest in the Baltic region as a hub for technology and innovation.
