H.I.G. Capital Announces Strategic Growth Investment in Software Product Development Leader, 3Pillar Global
H.I.G. Capital, a leading global alternative investment firm with over $45 billion of equity capital under management, is pleased to announce that an affiliate has made a significant strategic growth investment in 3Pillar Global, an international developer of cutting-edge digital products. With over 2,000 team members working out of 13 delivery centers across 4 continents, 3Pillar is a recognized global leader in the digital transformation sector.
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“At 3Pillar, our industry-leading teams, our passion for digital innovation, and our unique customer-focused go-to-market strategy have driven over 15 years of tremendous growth,” said David DeWolf, Founder and CEO of 3Pillar. “This strategic growth investment from H.I.G. Capital will enable us to continue our goals of attracting and developing top engineering talent and accelerate our ability to become the preeminent product development specialists in the market.”
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“Our strategic investment reflects our confidence in 3Pillar’s outstanding capabilities and strong momentum in the multi-billion dollar digital transformation sector,” said Matthew Robinson, Managing Director at H.I.G. Capital. “3Pillar’s unique culture attracts the best engineers globally and its emphasis on customer satisfaction were strong drivers in our investment decision. We are excited to back David and the team as they continue to rapidly scale.”
William Blair & Company served as the exclusive financial advisor to H.I.G. Capital. Guggenheim Securities LLC served as the exclusive financial advisor to 3Pillar Global; Kirkland & Ellis LLP served as legal counsel to H.I.G. for this transaction while Willkie Farr & Gallagher LLP represented the Company.
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