Thoma Bravo’s Ping Identity buyout reinforces the private equity firm’s expansion across the cybersecurity, identity & access management (IAM) markets.
Credit: Thoma Bravo
Private equity firm Thoma Bravo continues to extend its reach across the cybersecurity, identity and access management (IAM) markets. Indeed, Thoma Bravo’s latest acquisition involves Ping Identity, MSSP Alert reported.
The move comes only four months after Thoma Bravo acquired identity security firm SailPoint Technologies. The Thoma Bravo investment portfolio also includes such MSP-focused software and security businesses as ConnectWise, N-able and Sophos, among many other firms.
See MSSP Alert for the latest details on the Thoma Bravo-Ping Identity deal.