Dayforce

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Dayforce, Inc.
FormerlyCeridian HCM Holding Inc.
Company type
Private
NYSE: DAY
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HeadquartersMinneapolis, Minnesota, U.S.
Key people
David Ossip (CEO)
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Total equityIncrease US$2.55 billion (2024)
OwnerThoma Bravo
Number of employees
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Websitedayforce.com
Footnotes / references
[1]

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Dayforce, Inc., formerly Ceridian,[2] is an American human resources software and services company.

Dayforce is also the name of its cloud human capital management (HCM) platform, which covers the full suite of human capital management software, including payroll, tax filing, benefits, HR, talent intelligence, workforce management, and recruiting technology.[3]

It was publicly listed on the New York Stock Exchange and the Toronto Stock Exchange until February 2026, when the investment firm Thoma Bravo completed the purchase of the company for approximately US$12.3 billion.[4]

History

Dayforce is a descendant of Control Data Corporation, founded in 1992 as an information services firm established from the restructuring of a computer manufacturing and services company founded in 1957 that had the same name.[5][6] The computer product business was spun-off as Control Data Systems.

In March 2001, Ceridian was split into two independent companies, with the "old" Ceridian Corporation changed its name to Arbitron and the rest of company (consisting of human resources services and Comdata business) took the Ceridian name.[7]

In 2007, Ceridian was acquired for US$5.3 billion by Thomas H. Lee Partners and Fidelity National Financial (FNF).[8] Ceridian common stock ceased trading on the NYSE before commencement of trading on November 9, 2007 and was delisted from the NYSE.[9]

In March 2012, Ceridian completed its acquisition of Dayforce, a single SaaS application for HR, payroll, tax, benefits, workforce management, talent management, and several related activities.[10]

On October 1, 2013, it completed the legal separation of its Human Capital Management and payments businesses[11] through a series of transactions. This resulted in the payments business operating as Comdata Inc. (“Comdata”) and the HCM business as Ceridian HCM Holding Inc. (“Ceridian HCM”).[12]

In April 2018, Ceridian went public in an initial offering that raised over $400 million.[13][14] In September 2019, it acquired Australia-based enterprise HR software company Riteq.[15]

On March 1, 2021, almost a year after acquiring an Asian HCM (Excelity Global Solutions),[16] Ceridian completed the acquisition of Ascender HCM.[17] On December 3, the firm acquired the US-based ADAM Human Capital Management which was a leading provider of payroll and HCM software and services for 33 countries in the Latin American, Brazilian, and Caribbean markets.[18]

On January 1, 2024, Ceridian acquired Eloomi, a Danish learning and development (L&D) platform that combines a learning management system (LMS) and performance management into a single, all-in-one solution. On February 1, Ceridian rebranded as Dayforce[19] and changed its trading symbol to DAY on the NYSE and the Toronto Stock Exchange.[20]

In August 2025, private equity firm Thoma Bravo agreed to acquire Dayforce in a $12.3 billion deal that also includes a significant minority investment from the Abu Dhabi Investment Authority.[21] The transaction was completed in February 2026.

Leadership

  • David Ossip, Chairman and Chief Executive Officer (2013–present)[10][22]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian HCM Holding Inc. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 28, 2025. pp. 8, 54–55.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Dayforce - Newsroom | Dayforce". www.dayforce.com. Retrieved February 1, 2024.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Dayforce | Your global people platform". www.dayforce.com. Retrieved February 1, 2024.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Thoma Bravo Completes Acquisition of Dayforce". Thoma Bravo. Retrieved February 9, 2026.
  5. ^ Page Module:Citation/CS1/styles.css has no content.Richard, Michael A. (2009). Employee Assistance Programs: Wellness/Enhancement Programming (4th ed.). Charles C. Thomas Publisher. p. 76. ISBN 978-0398085612.
  6. ^ Page Module:Citation/CS1/styles.css has no content.Booker, Ellis (September 6, 1993). "Flying Solo, CDC now flying high". Computerworld. Vol. 27, no. 36. IDG Enterprise. p. 133.
  7. ^ Page Module:Citation/CS1/styles.css has no content."ARBITRON INC (Form Type: 8-K, Filing Date: 03/30/2001)". edgar.secdatabase.com. Retrieved April 25, 2023.
  8. ^ Page Module:Citation/CS1/styles.css has no content.Berenson, Alex (May 31, 2007). "Ceridian to Be Taken Private in $5.3 Billion Deal". The New York Times. ISSN 0362-4331. Retrieved May 18, 2016.
  9. ^ Page Module:Citation/CS1/styles.css has no content.Carissa Wyant (November 9, 2007). "Ceridian sale closes". www.bizjournals.com. Retrieved December 16, 2021.
  10. ^ a b Page Module:Citation/CS1/styles.css has no content."Ceridian primes customers to embrace cloud HCM". diginomica. March 6, 2015. Retrieved May 18, 2016.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Business briefing, Saturday, Oct. 5". Twin Cities. October 4, 2013. Retrieved January 5, 2018.
  12. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian Forms Separate HCM and Payments Businesses | @CloudExpo". cloudcomputing.sys-con.com. Archived from the original on January 6, 2018. Retrieved January 5, 2018.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian HCM Holding completes largest IPO in Minnesota". Star Tribune. April 27, 2018. Retrieved January 28, 2020.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Software Maker Ceridian Tops IPO Range to Get $462 Million". Bloomberg.com. April 25, 2018. Retrieved September 7, 2020.
  15. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian acquires Australia-based enterprise workforce management solutions provider". www2.staffingindustry.com. Retrieved April 9, 2020.
  16. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian offers agile SaaS solutions for engagement, recruitment and payroll". www.hcamag.com. Retrieved June 15, 2023.
  17. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian acquires Australia-based Ascender HCM". www.ascenderhcm.com (Press release). March 2021. Retrieved March 3, 2021.
  18. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian acquires payroll and HCM services firm ADAM HCM". www.hcamag.com (Press release). Retrieved October 4, 2024.
  19. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian Becomes Dayforce". www.dayforce.com. Retrieved February 1, 2024.
  20. ^ Page Module:Citation/CS1/styles.css has no content."Ceridian to change ticker symbol to 'DAY' on NYSE and TSX effective February 1". www.dayforce.com. Retrieved February 1, 2024.
  21. ^ Page Module:Citation/CS1/styles.css has no content.Kennedy, Patrick (August 22, 2025). "Private equity firm buying Bloomington-based Dayforce, which grew out of Control Data, for $12.3B". Minnesota Star Tribune. Retrieved August 23, 2025.
  22. ^ Page Module:Citation/CS1/styles.css has no content.Smith, Buckley (February 11, 2020). "Ceridian says it plans to create 2,000 jobs in Canada over five years". IT World Canada. Archived from the original on February 13, 2020. Retrieved February 13, 2020.

Further reading

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