Private equity firm Thoma Bravo is in advanced talks to acquire Dayforce, a Minneapolis-based human resources software company, in a deal valued at approximately $9 billion. Dayforce provides AI-powered solutions for recruitment, payroll, and employee development. The potential transaction would represent one of Thoma Bravo's largest acquisitions to date. Reports indicate that Thoma Bravo has proposed an offer of around $70 per share for Dayforce, which has led to a surge in the company's stock price by nearly 27%. While the deal could be announced in the coming weeks, some risks remain before its completion. Additionally, Thoma Bravo has secured flexibility to allocate portions of private equity deals to other investors, which could be relevant to this acquisition.