Thoma Bravo agrees to take Dayforce private

FEBRUARY 4, 2026

Thoma Bravo agrees to take Dayforce private

TARGET

Dayforce delivers a single cloud HCM platform covering payroll, tax, benefits, workforce management, and talent intelligence, sold to organizations of all sizes globally.

Deal value	US$12.3B deal value
Ownership	Publicly traded
Capital raised	$631.3 million gross proceeds
Headcount	9,600 FTEs
Headquarters	Minneapolis, Minnesota
Leadership	David Ossip, Chair and CEO
Sell-side advisor	—

ACQUIRER

Thoma Bravo

Deal team	Holden Spaht, Managing Partner Tara Gadgil, Partner
Buy-side advisor	—

Share deal Copy details View press release ↗

Thoma Bravo -> Dayforce  (2026-09-18)
take_private | HR/Payroll | US$12.3 billion | announced
Target: Dayforce delivers a single cloud HCM platform covering payroll, tax, benefits, workforce management, and talent intelligence, sold to organizations of all sizes globally.
Website: dayforce.com | Buyer site: thomabravo.com
HQ: Minneapolis, Minnesota | Ownership: public
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/thoma-bravo-dayforce.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN HR/PAYROLL

Harver (Rubicon) acquires Symphony Talent (STG) Talent Acquisition & AssessmentSEP 17

Symphony Talent – recruitment marketing, employer branding, and candidate relationship management software for enterprise-scale employers globally ›

Phoenix Education Partners acquires Fuel50 Performance & SkillsSEP 17

$31.5M Purchase Price · Fuel50 – AI-powered talent marketplace and skills intelligence platform for internal mobility, career pathing, and workforce reskilling at midmarket and large enterprises ›

The General Partnership leads a round in ThatchVC Watch HCM & PayrollSEP 15

$108M Invested · Thatch – ICHRA-based health benefits administration platform enabling employers to set tax-free budgets that employees use to choose individual health insurance plans and healthcare expenses ›

Wellthy acquires Cleo Employee WellbeingSEP 14

Cleo – employer-sponsored family benefits platform guiding employees through family planning, pregnancy, parenting, and eldercare via certified guides and a mobile app, sold to large enterprises and health plans globally ›

Cegid (Silver Lake) acquires Silae (Silver Lake) HCM & PayrollSEP 9

Silae – cloud-based payroll and HR SaaS platform for French SMBs and accounting firms, automating payroll across 900+ collective agreements. The combined Cegid-Silae group carries an enterprise value of more than EUR 10 billion; no transaction value was disclosed ›

Main Capital Partners acquires Orgvue Performance & SkillsSEP 8

Orgvue – organizational design and strategic workforce planning SaaS platform for large global enterprises and management consulting firms to model, plan and optimize workforce structures ›

Browse the full register →

SEARCH CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.