Dayforce Inc. in Advanced Acquisition Talks with Thoma Bravo
Dayforce Inc., a prominent information technology company specializing in human capital management (HCM) software, is currently in advanced discussions with Thoma Bravo regarding a potential acquisition. The talks, which have been confirmed by multiple sources, suggest that Thoma Bravo is considering a buyout offer of $70 per share for Dayforce. This potential deal is valued at approximately $11 billion, marking one of the largest acquisitions in Thoma Bravo’s history.
The news of these discussions has had a significant impact on Dayforce’s stock performance. On August 19, 2025, Dayforce’s shares soared by 26% following reports of the acquisition talks. The stock continued to rise, with further increases observed on August 20, 2025, as the talks were confirmed by Dayforce and reported by various financial news outlets.
Dayforce, which operates both in the United States and internationally, is listed on the New York Stock Exchange. As of August 18, 2025, the company’s close price was $65.47, with a 52-week high of $82.69 and a low of $48.005. The company’s market capitalization stands at approximately $8.53 billion, and it has a price-to-earnings ratio of 217.841.
Financial analysts have reacted positively to the news. UBS has reiterated a “Buy” rating on Dayforce stock, while BMO has maintained an “Outperform” rating. Piper Sandler has also initiated coverage of Dayforce with an “Overweight” rating, highlighting the potential for growth and value in the company.
The acquisition talks come at a time when private equity firms are increasingly looking to software companies as growth drivers in an uncertain economic environment. Thoma Bravo, known for its investments in technology and software, sees Dayforce as a strategic addition to its portfolio, given the company’s leadership in cloud-based HCM solutions.
Dayforce has stated that it does not intend to provide further comments or updates on the discussions at this time. However, the potential acquisition by Thoma Bravo underscores the growing interest in enterprise software solutions and the strategic moves by private equity firms to capitalize on this trend.
As the talks progress, stakeholders and investors will be closely monitoring developments, anticipating the potential impact on Dayforce’s future and its position within the software industry.