Unitranche Credit Facility

Sector: Software and Information Security

AB Private Credit InvestorsTM ("AB-PCI") leveraged its history and expertise in underwriting high growth technology companies to provide a meaningful portion of a unitranche facility to support Vista Equity Partners' acquisition of Ping Identity.

Shortly following the initial acquisition of Ping Identity, AB-PCI, along with other incumbent lenders, provided incremental financing to support the add-on acquisition of UnboundID.

Ping Identity is the leader in Identity Defined Security for the borderless enterprise, protecting over 1.3 billion identities from data centers around the globe. With the addition of UnboundID and its capabilities of managing identities at large scale, the Ping Identity Platform will deliver the most complete solution in the Identity and Access Management market.

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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.