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New Deal


Announced

3Pillar Global to acquire Chenoa Information Services.

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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software solutions

India

Software

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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3Pillar Global, a digital products developer, agreed to acquire Chenoa Information Services, a software company. Financial terms were not disclosed. “Over the past several years, 3Pillar has very intentionally executed against a growth agenda that expands our capability set, industry expertise and Global Delivery Network. The acquisition of Chenoa enables us to capitalize on the fast-growing market demand for low-code and no-code rapid software development, and we anticipate that this partnership will drive continued success and opportunity for 3Pillar, our current and future clients, and our team members worldwide,” Michael Detwiler, 3Pillar CEO.

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