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Published Tuesday, August 18, 2020
A U.S. company buys Costa Rican
software firm
The Virginia-based company 3Pillar Global, a firm developer of digital products, announced the acquisition of Costa Rican software firm Isthmus Software.
Isthmus Software is a software development company with over 200 employees, operating in Costa Rica since 2003, and focused on the United States and Central American markets.
According to 3Pillar, this acquisition is a significant part of their growth strategy and kicked off in early 2020 by a new investment partnership with New York-based private equity investor CIP Capital.
The company also recently added two new executive leadership positions, welcoming David Sawatzky as the chief delivery officer and Noel Christopher as chief commercial officer.
"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," said David DeWolf, CEO of 3Pillar.
With the addition of two offices in Costa Rica, the acquisition of Isthmus enhances 3Pillar's global footprint and increases its global team of product developers and innovation strategists. Isthmus and 3Pillar will undergo a deliberate integration process that will ultimately merge them into one 3Pillar Global brand.
"We look forward to bringing our breadth and diversity of experience to 3Pillar's dynamic team to serve the needs of current and new clients," said Marie-France Beaulieu, CEO of Isthmus.
3Pillar Global builds software products as software and data engineering mobile, cloud, and disruptive technologies.
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