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Dayforce in its $12.3 billion sale to Thoma Bravo

On August 21, 2025, Dayforce, Inc. (NYSE:DAY) (TSX:DAY), a global leader in human capital management (HCM) technology, announced that it has entered into a definitive agreement to be acquired by affiliates of Thoma Bravo, a leading software investment firm, in an all-cash transaction with an enterprise value of US$12.3 billion.  Under the terms of the agreement, Dayforce stockholders will receive US$70.00 per share in cash, a 32% premium to the unaffected share price.  The transaction includes a significant minority investment from the Abu Dhabi Investment Authority.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Dayforce.

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