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Mazars advises on the sale of Symphonic Software to Ping Identity
Our Deal advisory team has successfully advised the shareholders on the sale of Symphonic Software Limited to Ping Identity. Symphonic Software is a leader in dynamic authorization for protecting APIs, data, apps and resources through identity. Ping Identity is the Intelligent Identity solution for the enterprise.
Over the past two years Ping Identity and Symphonic formed a collaborative and successful partnership, pairing Symphonic’s authorization platform with Ping’s data privacy and consent products. The Ping Identity and Symphonic solution allows enterprises to centralize administration and enforcement to critical resources and data for all types of users, applications and devices in a language that is easily understood.
“With increasing data privacy regulations, users are demanding that enterprises give them better digital experiences with more transparency and control. The acquisition of Symphonic accelerates our vision for enterprises to not only maintain security and compliance with confidence, but to easily deliver personalised, trustworthy experiences.”
Andre Durand, CEO Ping Identity
“For the past two years Symphonic has worked alongside Ping to make policy management easy for enterprises. Ping Identity’s dedication to their customers aligns well with Symphonic’s values, and we are thrilled to continue our journey together as one.”
Derick James, CEO Symphonic Software
“We are delighted to have been given the opportunity to advise the Shareholders of Symphonic in the sale of the business to Ping Identity. This was an extremely collaborative transaction and brings together two truly customer focussed businesses.”
Kevin Windram, Partner Mazars Deal Advisory
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