Ping Identity Sells to Vista Equity

Colorado – June 3, 2016 – Cooley is advising Ping Identity on its acquisition by Vista Equity Partners for an undisclosed amount. The deal is expected to close in Q3 2016.

Ping, a Cooley client for the last decade, is a Denver-based leader in Identity Defined Security for the borderless enterprise, allowing employees, customers and partners access to the applications they need. Vista is a leading San Francisco-based private equity firm focused on software, data and technology-enabled businesses.

According to the company press release, "The acquisition will allow Ping to accelerate growth and innovation through strategic acquisitions and focused investment in its leading enterprise Identity-as-a-Service (IdaaS) capabilities, which places identity at the core of enterprise security."

"Enterprises require a partner who can effectively integrate every technology stack and cloud platform to provide secure access for their users. With Vista, we can now accelerate our vision of creating a borderless world secured through identity. The Ping team is excited to begin this next phase for Ping Identity and to broaden its reach into new markets," said Andre Durand, CEO of Ping Identity.

The Cooley corporate team advising Ping included Mike Platt, Matt Dubofsky, Ben Carver, Kassendra Galindo and Carlyn Williams.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 900 lawyers across 12 offices in the United States, China and Europe.

Related Contacts
Michael Platt  Partner in Charge – Colorado Colorado
Matthew Dubofsky  Partner Colorado
Mike Faber  Retired Partner San Francisco
Keith Berets  Partner Colorado
Jacqueline Grise  Partner Washington, DC
Kassendra Galindo  Special Counsel Colorado
Rishab Kumar  Partner Palo Alto
Bryan Berman  Associate Colorado
Tanisha A. James  Partner New York, Washington, DC