Thoma Bravo completes the acquisition of ForgeRock and combines ForgeRock into Ping Identity

Thoma Bravo, one of the largest software investors, has over US$127 billion in assets under management as of March 31, 2023, and ForgeRock, a software company focusing on CIAM (customer identity and access management), announced yesterday (Aug. 23rd, 2023) the completion of Thoma Bravo’s acquisition of ForgeRock in an all-cash transaction valued at approximately $2.3 billion.