Thoma Bravo Is Said to Be in Talks to Buy Software Firm Dayforce
Thoma Bravo, a private equity firm, is in discussions to acquire Dayforce Inc., a provider of human resources management software, according to sources familiar with the matter. Dayforce, a subsidiary of Ceridian HCM Holding Inc., offers cloud-based human capital management solutions to businesses. The potential acquisition would mark Thoma Bravo's latest investment in the software industry, as the firm has been actively seeking opportunities in the sector. Details about the terms of the deal or the timeline for a potential transaction have not been disclosed. Both Thoma Bravo and Ceridian HCM Holding Inc. have declined to comment on the ongoing negotiations. The possible acquisition reflects the continued interest in the human resources technology market, as companies seek to streamline their workforce management processes through innovative software solutions.
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