Dayforce (previously Ceridian) has confirmed that it’s in superior discussions with non-public fairness agency Thoma Bravo concerning a possible acquisition of the human capital administration (HCM) software program firm.
The proposed supply is $70 per share, representing a 32.4% premium based mostly on the closing value of Dayforce’s inventory on 15 August 2025, earlier than information of the talks emerged.
The full worth of the potential deal is estimated at $11.18bn, as calculated by Reuters. Nonetheless, Dayforce has said that there are not any assurances that an settlement shall be reached.
Presently, Dayforce is listed on each New York Inventory Alternate (NYSE) and Toronto Inventory Alternate (TSX).
Ought to the deal be signed and closed subsequently, it would end in Dayforce turning into a privately-owned firm.
Earlier in August 2025, the HCM software program firm launched its monetary outcomes for the second quarter ending 30 June 2025. Dayforce’s complete income for the reported quarter reached $464.7m, marking a 9.8% improve on each GAAP and fixed forex bases, in comparison with the identical quarter of the earlier yr.
The corporate reported a internet revenue of $21.3m, contrasting with a internet lack of $1.8m in the identical interval of the earlier yr.
Recurring income for Dayforce, excluding float, stood at $315.5m, an increase of 13.6% year-over-year. By the top of June 2025, Dayforce had 6,984 prospects utilizing its platform, reflecting a year-over-year improve of 4.9%.
For Q3 2025, Dayforce initiatives complete income between $476m and $486m and recurring income, excluding float, between $329m and $339m, marking a rise of as much as 16.1%.
The adjusted EBITDA margin is anticipated to be between 30% and 30.5%. Full-year steerage anticipates complete income between $1.93bn and $1.95bn.
In latest developments, the Canadian Authorities adopted Dayforce for human assets (HR) and pay transformation to boost effectivity and effectiveness throughout departments. This transfer replaces a number of present HR techniques as a part of the federal government’s digital transformation technique.
Moreover, an unnamed world attire main has expanded its use of Dayforce to assist its workforce of 37,000 staff worldwide. A US-based important infrastructure providers supplier has additionally chosen Dayforce options for managing payroll and workforce administration throughout its operations in 45 states.
