Dayforce to be acquired by Thoma Bravo for $70.00 per share in cash

Dayforce (DAY) has entered into a definitive agreement with Thoma Bravo to become a privately held company in an all-cash transaction with an enterprise value of $12.3B. Under the terms of the agreement, Dayforce stockholders will receive $70.00 per share in cash. The per share purchase price represents a premium of 32% over the Company’s unaffected closing share price on August 15, 2025, the last trading day prior to media reports regarding a potential transaction. The transaction includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority. The transaction, which was approved by the Dayforce Board of Directors, is expected to close in early 2026, subject to customary closing conditions, including approval by Dayforce stockholders and the receipt of required regulatory approvals. The transaction is not subject to a financing condition. Upon completion of the transaction, Dayforce’s common stock will no longer be listed on any public stock exchange. The Company will continue to operate under the Dayforce name and brand.