– Dayforce, Inc. , a global leader in HCM technology, has entered into a definitive agreement with Thoma Bravo to go private.
– Transaction value: US$12.3 billion (all-cash).
– Stockholders will receive US$70.00 per share in cash.
– Represents a 32% premium over Dayforce’s unaffected closing share price on August 15, 2025.
– Abu Dhabi Investment Authority (ADIA), via a wholly owned subsidiary, will make a significant minority investment.
– David Ossip, Chair and CEO, Dayforce: “Dayforce has always stood for a bold promise: to make work life better. As one of the world’s leading enterprise software investors, Thoma Bravo’s commitment amplifies this promise as we partner to grow our business, increase quantifiable value for customers, and further secure our position in AI as a generational software company.”
– Gerry Throop, Lead Independent Director, Dayforce: “The Board of Directors believes this transaction will provide immediate and substantial value to Dayforce stockholders and recognizes the valuable organization that the team has built.”
– Holden Spaht, Managing Partner, Thoma Bravo: “We are thrilled to be investing in Dayforce, a clear category leader that is poised to define the future of HCM in the age of AI. Dayforce’s differentiated platform, global scale, and world-class team make it well-positioned to meet the growing and evolving needs of employers and employees around the world.”
– Tara Gadgil, Partner, Thoma Bravo: “Dayforce has built an exceptional business by pairing relentless innovation with a deep commitment to its customers. This combination has fueled strong growth and established Dayforce as a partner of choice in HCM. ”
