Dayforce to Go Private in $12.3 Billion Acquisition by Thoma Bravo

DAY
September 20, 2025
Dayforce, Inc. announced on August 21, 2025, that it has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $12.3 billion, including debt. Under the terms of the agreement, Dayforce shareholders will receive $70 per share in cash, representing an equity value of $11.18 billion. The transaction is expected to close in early 2026. David Ossip, Dayforce's CEO, stated that going private will provide the company with more space, flexibility, and resources to accelerate its focus on becoming an AI leader in Human Capital Management (HCM). Thoma Bravo's acquisition highlights its strategy to expand its software portfolio, leveraging Dayforce's differentiated single-platform technology and its capabilities in artificial intelligence to forecast labor demand and predict employee burnout. This move is anticipated to enhance Dayforce's long-term strategic initiatives. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.