Ping Identity
PE-OwnedThoma Bravo acquired Ping Identity, an enterprise identity platform, for $2.8B in 2022 and merged it with ForgeRock. Combined entity serves large enterprises and government agencies for identity and access management.
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Ownership Information
Ping Identity is owned by Thoma Bravo. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
2002
Ping Identity founded
2022
Acquired by Thoma Bravo for $2.8B
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