BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Dayforce Stock Rises on $12.3B Thoma Bravo Acquisition Deal
Dayforce Stock Rises on $12.3B Thoma Bravo Acquisition Deal
10
1
BTCCSquare news:
Shares of Dayforce (DAY) edged higher after analysts endorsed its $12.3 billion acquisition by private equity firm Thoma Bravo. The deal, priced at $70 per share—a 32% premium—is set to close in early 2026, allowing the HR software firm to address market challenges away from public scrutiny.
KeyBanc Capital Markets highlighted the transaction's 16.3x multiple on projected 2026 EBITDA, framing it as a strategic exit for a company grappling with post-pandemic competition. Dayforce’s AI-driven payroll and recruitment tools serve healthcare, retail, and financial sectors.
By:
