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New Deal


Announced

CIP Capital-backed 3Pillar Global to acquire Isthmus.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Costa Rica

Pending

Cross Border

Single Bidder

software development

Merger

Private

Acquisition

Friendly

digital services

Private Equity

Digital Services

Majority

Synopsis

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CIP Capital-backed 3Pillar Global, a developer of innovative digital products, agreed to acquire Isthmus, a Costa Rica-based software development firm. Financial terms were not disclosed. "The acquisition of Isthmus brings expanded engineering excellence and development expertise to the 3Pillar team, but more, their leadership and team members share our strong core set of values and our focus on innovative digital transformation. With this acquisition, we now have more than 200 outstanding new team members and have expanded our ability to drive successful product outcomes for our clients. We're excited to welcome Isthmus to the 3Pillar global team," David DeWolf, 3Pillar CEO.

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