Thoma Bravo to take Dayforce private
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5hon MSN
Private equity firm buying Bloomington-based Dayforce, which grew out of Control Data, for $12.3B
Bloomington-based Dayforce, with its roots in the pioneering Minnesota computer company Control Data, has agreed to be acquired in a $12.3 billion deal. The deal with Thoma Bravo, a Chicago private equity firm,
Dayforce delivered a solid second quarter, outperforming Wall Street’s revenue and non-GAAP profit expectations, while the market reaction remained muted. Management attributed this performance to robust demand for its single-platform human capital management (HCM) solution,
David D. Ossip was the founder of Workbrain Corp., founded in 1999, holding the title of President & Chief Executive Officer. Mr. Ossip was the founder of Dayforce, Inc. (Canada), founded in 2008 ...