Thoma Bravo is acquiring Dayforce for $12.3 billion, paying $70 per share, a 32% premium to the August 15 market price, and will take the company private. A subsidiary of the Abu Dhabi Investment Authority will join as a significant minority investor. Dayforce is a Canadian-American human capital management company that positions AI at the core of its platform and calls itself a generational software company. Thoma Bravo plans to accelerate growth through focused resources, product innovation, and global scale, building on its track record of technology acquisitions and aiming to deepen customer commitment.
With Thoma Bravo, we are partnering with a truly special organization to accelerate our business - with our focus, resources, and product innovation all laser-pointed on leaping forward as the HCM leader for a world of work shaped by 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.
Dayforce has built an exceptional business by pairing relentless innovation with a deep commitment to its customers,
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