Thoma Bravo has completed the acquisition of
Dayforce (DAY) in a $12.3 billion cash buyout, making Dayforce Inc. a private company. This news has increased the trading volumes of DAY, causing its share prices to soar by 26%. With this acquisition, Dayforce becomes Thoma Bravo's strategic asset, adding to its growing software portfolio. During this period,
Dayforce was dropped from S&P 500, S&P TMI Index, and Russell 2500 Indexes. Recently, the company launched its strategic
workforce planning, enhancing its AI capabilities and network for greater value and innovation. However, criticisms arose regarding the adequacy of the buyout, with major shareholder T. Rowe Price opposing the acquisition and some raising doubts about Thoma Bravo undervaluing Dayforce. Despite this, the buyout was approved by Dayforce shareholders, halting trading of DAY shares as it prepares for delisting and a $70 cash payout. Post-buyout,
Thoma Bravo seeking to fund the acquisition through a $6B debt package from Goldman Sachs.
Dayforce DAY News Analytics from Sun, 22 Jun 2025 07:00:00 GMT to Tue, 17 Feb 2026 22:16:07 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -4
