A Norwegian private equity investor has agreed to acquire a majority stake in Hungarian fintech Dorsum in a deal that could value the Budapest-based company at HUF15-18bn (€38mn-45mn), Portfolio.hu writes. The financial website, citing industry sources, identified Hawk Infinity as the likely buyer, although this has not been independently confirmed.

The transaction was reportedly agreed last year but was derailed after the Orban government expanded its veto powers over foreign acquisitions in strategic sectors. The parties are understood to have revived the deal following the April 2026 election, with the required ministry approval potentially already granted.

Founded in 1996 and headquartered in Budapest, Dorsum is frequently described as one of Hungary's best-known homegrown fintechs and a market leader in securities and wealth-management software in Hungary and the wider region. It builds modular front- to back-office software for investment operations and wealth management in highly regulated EU markets.

Dorsum has shifted from largely customised software development towards scalable financial technology products. The company has invested heavily in product development and international expansion, positioning itself as a fintech and wealthtech provider rather than a conventional software outsourcing business.

The company serves banks, asset managers, brokers, insurers, pension funds and national treasuries across more than 10 countries, making it one of Central and Eastern Europe's leading capital-markets technology providers.

The company's shareholders include businessman Karoly Gerendai, the founder and co-owner of Sziget, alongside other private investors, management and key employees. Existing management is expected to remain in place following the transaction, with some current shareholders potentially retaining minority stakes.

Dorsum generated HUF9.2bn in revenue in 2025 and reported net profit of HUF1.4n. EBITDA was around HUF1.9bn. The company employed an average of 254 people during the year, while its broader professional team numbered more than 300. Based on the reported valuation range, the transaction would imply an EBITDA multiple of roughly 8-9 times, broadly in line with industry benchmarks.