'A tectonic shift is occurring in intelligent identity solutions for the enterprise' - Ping Identity goes private in $2.8bn Thoma Bravo deal

Identity solutions might be the next investment opportunity for private equity firms

Kelsey Rees
clock • 1 min read
'A tectonic shift is occurring in intelligent identity solutions for the enterprise' - Ping Identity goes private in $2.8bn Thoma Bravo deal

Ping Identity has entered into a definitive agreement to be acquired by Thoma Bravo for $2.8bn (€2.7bn).  Founded in 2002 and headquartered in Denver, US, Ping Identity has ten offices across North America, Europe and APAC.  It bills itself as the intelligent identity solution for enterprises, enabling companies to achieve Zero Trust identity-defined security and more personalised, streamlined user experiences. Its Ping Intelligent Identity platform provides customers, workforce, and...

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