M&A Deal Summary

3Pillar Global Acquires Isthmus Software

On August 13, 2020, 3Pillar Global acquired software company Isthmus Software

Acquisition Highlights
  • This is 3Pillar Global’s 1st transaction in the Software sector.
  • This is 3Pillar Global’s 1st transaction in Costa Rica.

M&A Deal Summary

Date 2020-08-13
Target Isthmus Software
Sector Software
Buyer(s) 3Pillar Global
Deal Type Add-on Acquisition

Target

Isthmus Software

Heredia, Costa Rica
Isthmus Software is a premier software development company that uses an agile development process and market-aligned technologies in a dedicated team and staff augmentation modalities to drive value for its clients, which range from SMBs to Fortune 500 companies. Isthmus Software was founded in 2003 and is based in Heredia, Costa Rica.

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Buyer(S) 1

Buyer

3Pillar Global

Fairfax, Virginia, United States

Category Company
Founded 2006
Sector Software
DESCRIPTION

3Pillar Global is an outsourced provider of software product development and design services for customer-facing, revenue-generating applications. The Company provides “Product Development as a Service” to industry-leading enterprise logos including Carfax, Fortune, and PBS. 3Pillar Global was founded in 2006 and is based in Fairfax, Virginia.


DEAL STATS #
Overall 4 of 8
Sector: Software M&A 1 of 4
Type: Add-on Acquisition M&A Deals 4 of 8
Country: Costa Rica M&A 1 of 1
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 LeverPoint

Reston, Virginia, United States

LeverPoint is a provider of IT services company providing software development, ADM and testing services to ISVs, technology vendors, financial services clients and others.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Tiempo Development

Tempe, Arizona, United States

Tiempo Development LLC is a software engineering company that is using a combination of nearshore engineering resources, high-performance teams, and relentless focus on client outcomes, Tiempo designs, builds, and deploys software that makes lives better. Tiempo Development is based in Tempe, Arizona.

Buy -