Kirkland Represents Ping Identity on $2.8 Billion Sale to Thoma Bravo
Kirkland & Ellis advised Ping Identity (NYSE: PING), provider of the Intelligent Identity solution for the enterprise, on its sale to Thoma Bravo, a leading software investment firm, for an enterprise value of approximately $2.8 billion. The transaction is expected to close in the fourth quarter of 2022, subject to customary closing conditions.
Read the Ping Identity press release
The Kirkland team was led by corporate partners David Klein, Chelsea Darnell and Daniel Wolf and included associates Julia Knafo and Steven Choi, executive compensation partners Stephen Jacobson and Steven Brecher and associate Rebekah Kostelak, capital markets partners Robert Hayward and Robert Goedert, tax partners David Kung and Heidi Yuen, technology & IP transactions partners John Lynn and Daisy Darvall and associate Martin Schwertmann, antitrust partners Marin Boney and Mark Gardner and associates Jack Coles and Sion Davies, and debt finance partners Sonali Jindal and Andrea Weintraub.
