Thoma Bravo is in advanced discussions to acquire Dayforce, a Minneapolis-based human resources management software company, in a deal valued at over $9 billion. Dayforce specializes in AI-powered solutions for recruitment, payroll, and employee development. The potential transaction, which would take Dayforce private, could be announced within the coming weeks. Following the news, Dayforce's stock price surged by up to 26.8% in pre-market trading, reflecting investor optimism about the buyout.
$DAY (+26.8% pre) Thoma Bravo in talks to buy HR software firm Dayforce - Bloomberg https://t.co/XpCnddUhxx
Good morning.... $PPCB 2.87 up 7 uplisted to NASDAQ $DAY 52.88 up 16 Bloomberg reported that buyout firm Thoma Bravo was in talks to buy the human-resources software company, according to people familiar with the matter.
Thoma Bravo Eyes Takeover Of HR Software Firm Dayforce $DAY https://t.co/015D9fkc4Q