An affiliate of HIG Capital (HIG) has made a significant strategic growth investment in 3Pillar Global (3Pillar), a developer of digital products.
“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,” says David DeWolf, Founder and CEO of 3Pillar. “This strategic growth investment from HIG 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.”
“Our strategic investment reflects our confidence in 3Pillar’s outstanding capabilities and strong momentum in the multi-billion dollar digital transformation sector,” says Matthew Robinson, Managing Director at HIG 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 HIG Capital. Guggenheim Securities LLC served as the exclusive financial advisor to 3Pillar Global; Kirkland & Ellis LLP served as legal counsel to HIG for this transaction while Willkie Farr & Gallagher LLP represented the Company.
