Add-on Acquisition • Information Technology

Dayforce Acquires Excelity Global Solutions Pte

On May 6, 2020, Dayforce acquired information technology company Excelity Global Solutions Pte

Acquisition Context
  • This is Dayforce’s 2nd transaction in the Information Technology sector.
  • This is Dayforce’s 1st transaction in Singapore.

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M&A Deal Summary

Date May 6, 2020
Target Excelity Global Solutions Pte
Sector Information Technology
Buyer(s) Dayforce
Deal Type Add-on Acquisition

Target Company

Excelity Global Solutions Pte

Singapore, Singapore
Excelity Global Solutions Pte Ltd. operates through proprietary native payroll platform in India, China, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, Australia, and New Zealand delivered through the Managed Services, Platform as a Service (PaaS) and Software as a Service (SaaS) models. Excelity Global Solutions was founded in 1997 and is based in Singapore.
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Buyer Overview 1

Buyer

Dayforce

Minneapolis, Minnesota, United States

Category Company
Founded 1992
Sector Software
Revenue 1.8B USD (2024)
DESCRIPTION
Entrance to Dayforce's corporate headquarters in Minneapolis, Minnesota.
Entrance to Dayforce's corporate headquarters in Minneapolis, Minnesota.

Dayforce is a global human capital management software company using its cloud HCM platform to provide human resources, payroll, benefits, workforce management, and talent management functionality. It optimizes the management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Dayforce was founded in 1992 and is based in Minneapolis, Minnesota.


Deal Context for Buyer #
Overall 9 of 14
Sector: Information Technology 2 of 2
Type: Add-on Acquisition 9 of 14
Country: Singapore 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 RITEQ Pty

Alexandria, Australia

RITEQ Pty Ltd. is a specialist provider of workforce management solutions designed to assist organizations of all sizes to leverage their most important asset - their workforce.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Ascender HCM

Mascot, Australia

Ascender HCM is a provider of payroll accounting and personnel management services for organizations. Ascender HCM was founded in 1976 and is based in Mascot, Australia.

Buy -