Thoma Bravo, Dayforce
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(NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, announced today that it is engaged in advanced discussions with Thoma Bravo regarding a potential acquisition of Dayforce by Thoma Bravo for US$70 per share.
HR software provider Dayforce is in advanced talks to be acquired by private equity firm Thoma Bravo at a rate of $70 per share. The acquisition highlights significant consolidation trends in the HR technology sector,
Private equity giant Thoma Bravo is reportedly circling Dayforce, a $1.76B cloud HCM leader, in what could be a landmark deal reshaping enterprise software.
Dayforce stock nears acquisition premium with limited upside due to slower growth and competition. Click here to find out why DAY stock is a Hold.
Major U.S. equities indexes were little changed Monday morning, ahead of retail sector earnings reports and comments from Federal Reserve Chair Jerome Powell due later in the week.