Thoma Bravo has finalized its acquisition of Dayforce, Inc. worth approximately US$12.3 billion, marking the transition of the worldwide leader in human capital management into a privately held company ready for rapid growth and innovation. The acquisition was announced in August 2025 and was approved by shareholders in November, offering Dayforce stockholders US$70.00 per share in cash and leading to the delisting of the company from the New York and Toronto stock exchanges. As a private organization, Dayforce will focus on expanding customer value, scaling operations, and strengthening its leadership in AI-powered HCM.
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“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. Thoma Bravo leaders highlighted strong market demand for intelligent HR technologies, with Holden Spaht noting Dayforce’s ability to deliver measurable customer outcomes, while Tara Gadgil emphasized opportunities to expand reach through continued innovation and customer-centric execution.
