Private Equity Powerhouse Eyes Dayforce in Billion-Dollar Deal

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.

Private equity powerhouse Thoma Bravo is reportedly circling cloud-based human capital management leader Dayforce in what could become the next mega-deal to reshape the enterprise software landscape. First reported by Bloomberg, the negotiations have sent shockwaves through the HR technology sector as industry watchers speculate about the potential valuation of a company that posted $1.76 billion in revenue for 2024. This development comes as Thoma Bravo continues its aggressive expansion strategy, having just completed its most recent acquisition of Olo for $2 billion.

With Dayforce serving over 6,876 customers and 7.62 million global employees, this potential deal could dwarf previous transactions and signal a major consolidation wave in the cloud HR software market.

The private equity giant that ...