Thoma Bravo, the world’s largest software-focused investment firm, today announced the completion of its acquisition of Dayforce, Inc. (“Dayforce” or the “Company”), a global human capital management (HCM) leader that makes work life better, for approximately US$12.3 billion. The agreement to acquire Dayforce was previously announced on August 21, 2025, and was approved by Dayforce stockholders at the special meeting of stockholders held on November 12, 2025.
With the completion of the transaction, Dayforce stockholders are entitled to receive US$70.00 per share in cash for each share of Dayforce common stock they owned. The Company’s common stock has ceased trading and will be delisted from the New York Stock Exchange and the Toronto Stock Exchange.
“Today marks a pivotal moment for Dayforce in advancing our promise to make work life better as the AI-powered people platform,” said David Ossip, Chair and CEO of Dayforce. “With Thoma Bravo’s support, we are even better positioned to scale our business, further customer value, and drive innovation that empowers our community to do the work they are meant to do.”
“Dayforce is actively creating the future of HCM, backed by a platform and team that deliver real, measurable results for its customers,” said Holden Spaht, a Managing Partner at Thoma Bravo. “With demand for intelligent, AI-driven HR technologies accelerating, we are excited to welcome Dayforce to Thoma Bravo’s portfolio and together unlock their next phase of growth and customer impact.”
“We are pleased to begin working with Dayforce to build on their leadership in modern HCM,” said Tara Gadgil, a Partner at Thoma Bravo. “Dayforce has a clear vision for the AI-powered workforce, driven by its commitment to strong customer relationships and continuous innovation. We see significant opportunity to help Dayforce expand its reach and achieve its full potential in the years ahead.”
