Thoma Bravo to take Dayforce private
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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.
Goldman Sachs (NYSE:GS) has lined up a $6B debt financing package to back private equity firm Thoma Bravo's acquisition of HR software provider Dayforce (NYSE:DAY), with terms still under discussion,
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StockStory.org on MSNWhy Are Dayforce (DAY) Shares Soaring Today
What Happened? Shares of human capital management software company Dayforce (NYSE:DAY) jumped 27.6% in the afternoon session after reports emerged that the company is in advanced talks to be acquired by private equity firm Thoma Bravo.