Company:Dayforce

From HandWiki
Dayforce, Inc.
FormerlyCeridian HCM Holding Inc.
TypePrivate [1]
IndustrySaaS HCM Software
PredecessorControl Data Corporation
Founded1992; 34 years ago (1992)
HeadquartersMinneapolis, Minnesota, U.S.
Key people
David Ossip (CEO)
Revenue[2] increase}} US$1.76 billion (2024)
Decrease US$104 million (2024)
Decrease US$18.1 million (2024)
Total assetsIncrease US$9.12 billion (2024)
Total equityIncrease US$2.55 billion (2024)
OwnerThoma Bravo [3]
Number of employees
9,600 (2024)
Websitedayforce.com
Footnotes / references
[4]

Dayforce, Inc., formerly Ceridian,[5] 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.[6]

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.[7]

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.[8][9] 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 the company (consisting of human resources services and Comdata business) took the Ceridian name.[10]

In 2007, Ceridian was acquired for US$5.3 billion by Thomas H. Lee Partners and Fidelity National Financial (FNF).[11] Ceridian common stock ceased trading on the NYSE before commencement of trading on November 9, 2007 and was delisted from the NYSE.[12]

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.[13]

On October 1, 2013, it completed the legal separation of its Human Capital Management and payments businesses[14] 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”).[15]

In April 2018, Ceridian went public in an initial offering that raised over $400 million.[16][17] In September 2019, it acquired Australia-based enterprise HR software company Riteq.[18]

On March 1, 2021, almost a year after acquiring an Asian HCM (Excelity Global Solutions),[19] Ceridian completed the acquisition of Ascender HCM.[20] 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.[21]

Ceridian HCM Holding Inc. changed its corporate name to Dayforce, Inc. on January 31, 2024. The company began using the Dayforce brand and trading under the ticker symbol DAY on February 1, 2024. That same day, Dayforce completed its acquisition of eloomi, a learning experience platform software provider based in Copenhagen, Denmark, and Orlando, Florida.[22][23][24]

In August 2025, private equity firm Thoma Bravo agreed to acquire Dayforce in a $12.3 billion deal that also included a significant minority investment from the Abu Dhabi Investment Authority. The transaction was completed on February 4, 2026.[25][26]

Leadership

  • David Ossip, Chairman and Chief Executive Officer (2013–present)[13][27]

References

Template:Incomplete citations

  1. ↑ "Thoma Bravo Completes Acquisition of Dayforce" (in en). https://www.dayforce.com/who-we-are/newsroom/thoma-bravo-completes-acquisition-of-dayforce?trk=article-ssr-frontend-pulse_little-text-block&. 
  2. ↑ "Thoma Bravo Completes Acquisition of Dayforce" (in en). https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-dayforce. 
  3. ↑ "Thoma Bravo Completes Acquisition of Dayforce" (in en). https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-dayforce. 
  4. ↑ "Ceridian HCM Holding Inc. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 28 February 2025. pp. 8, 54–55. https://www.sec.gov/ix?doc=/Archives/edgar/data/1725057/000095017025029980/day-20241231.htm. 
  5. ↑ "Dayforce - Newsroom | Dayforce" (in en). https://www.dayforce.com/who-we-are/newsroom/ceridian-becomes-dayforce. 
  6. ↑ "Dayforce | Your global people platform" (in en). https://www.dayforce.com. 
  7. ↑ "Thoma Bravo Completes Acquisition of Dayforce" (in en). Thoma Bravo. https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-dayforce. 
  8. ↑ Richard, Michael A. (2009). Employee Assistance Programs: Wellness/Enhancement Programming (4th ed.). Charles C. Thomas Publisher. p. 76. ISBN 978-0398085612. 
  9. ↑ Booker, Ellis (September 6, 1993). "Flying Solo, CDC now flying high" (in en). Computerworld (IDG Enterprise) 27 (36): 133. https://books.google.com/books?id=PgsZJgu-zDkC&q=ceridian%2520CDC%25201992&pg=PA133. 
  10. ↑ "ARBITRON INC (Form Type: 8-K, Filing Date: 03/30/2001)". http://edgar.secdatabase.com/1436/110465901500188/filing-main.htm. 
  11. ↑ Berenson, Alex (May 31, 2007). "Ceridian to Be Taken Private in $5.3 Billion Deal". The New York Times. ISSN 0362-4331. https://www.nytimes.com/2007/05/31/business/31deal.html. 
  12. ↑ Carissa Wyant (November 9, 2007). "Ceridian sale closes". https://www.bizjournals.com/twincities/stories/2007/11/05/daily40.html. 
  13. ↑ 13.0 13.1 "Ceridian primes customers to embrace cloud HCM". March 6, 2015. https://diginomica.com/2015/03/06/ceridian-primes-customers-embrace-cloud-hcm/. 
  14. ↑ "Business briefing, Saturday, Oct. 5" (in en-US). Twin Cities. October 4, 2013. https://www.twincities.com/2013/10/04/business-briefing-saturday-oct-5/. 
  15. ↑ "Ceridian Forms Separate HCM and Payments Businesses | @CloudExpo". http://cloudcomputing.sys-con.com/node/2821563. 
  16. ↑ "Ceridian HCM Holding completes largest IPO in Minnesota". April 27, 2018. https://www.startribune.com/ceridian-holdings-hcm-completes-largest-ever-ipo-in-minnesota/480957311/. 
  17. ↑ "Software Maker Ceridian Tops IPO Range to Get $462 Million" (in en). Bloomberg.com. April 25, 2018. https://www.bloomberg.com/news/articles/2018-04-25/thomas-h-lee-backed-ceridian-raises-462-million-in-u-s-ipo. 
  18. ↑ "Ceridian acquires Australia-based enterprise workforce management solutions provider" (in en-US). https://www2.staffingindustry.com/Editorial/Daily-News/Ceridian-acquires-Australia-based-enterprise-workforce-management-solutions-provider-51246. 
  19. ↑ "Ceridian offers agile SaaS solutions for engagement, recruitment and payroll" (in en). https://www.hcamag.com/au/specialisation/payroll/ceridian-offers-agile-saas-solutions-for-engagement-recruitment-and-payroll/410886. 
  20. ↑ "Ceridian acquires Australia-based Ascender HCM". www.ascenderhcm.com (Press release). March 2021. Retrieved March 3, 2021.
  21. ↑ "Ceridian acquires payroll and HCM services firm ADAM HCM". www.hcamag.com (Press release). Retrieved October 4, 2024.
  22. ↑ "Ceridian Becomes Dayforce" (in en). https://www.dayforce.com/who-we-are/newsroom/ceridian-becomes-dayforce. 
  23. ↑ "Ceridian to change ticker symbol to 'DAY' on NYSE and TSX effective February 1" (in en). https://www.dayforce.com/who-we-are/newsroom/ceridian-to-change-ticker-symbol-to-day-on-nyse-and-tsx-effective-february-1. 
  24. ↑ "Dayforce completes acquisition of eloomi, a learning experience platform software provider". February 7, 2024. https://www.talentcanada.ca/dayforce-completes-acquisition-of-eloomi-a-learning-experience-platform-software-provider/. 
  25. ↑ Kennedy, Patrick (2025-08-22). "Private equity firm buying Bloomington-based Dayforce, which grew out of Control Data, for $12.3B". Minnesota Star Tribune. https://www.startribune.com/dayforce-ceridian-acquisition-thoma-bravo-ai-investment-human-resources-software/601459214. 
  26. ↑ "Thoma Bravo Completes Acquisition of Dayforce, Leader in HCM" (in en). https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-dayforce. 
  27. ↑ Smith, Buckley (February 11, 2020). "Ceridian says it plans to create 2,000 jobs in Canada over five years" (in en-US). https://www.itworldcanada.com/article/ceridian-says-it-plans-to-create-2000-jobs-in-canada-over-five-years/427192. 

Further reading

  • Attridge, Mark; Herlihy, Patricia A.; Maiden, R. Paul, eds (2006). The Integration of Employee Assistance, Work/Life, and Wellness Services. Taylor & Francis. p. 185. ISBN 978-1136751882. 
  • Bloom, Daniel (2013). Achieving HR Excellence through Six Sigma. Taylor & Francis. p. 95. ISBN 978-1466586468. 
  • Jensen, Mark (2013). HR Pioneers: A History of Human Resource Innovations at Control Data Corporation. North Star Press of St. Cloud. ISBN 978-0878396535. 



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