M&A Deal Summary |
|
|---|---|
| Date | 2025-08-21 |
| Target | Dayforce |
| Sector | Software |
| Buyer(s) | Thoma Bravo |
| Deal Type | Going Private |
| Deal Value | 12.3B USD |
| Advisor(s) | Evercore Group (Financial) Wachtell, Lipton, Rosen & Katz (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 148 of 151 |
| Sector: Software M&A | 67 of 69 |
| Type: Going Private M&A Deals | 41 of 43 |
| State: Minnesota M&A | 5 of 5 |
| Country: United States M&A | 129 of 132 |
| Year: 2025 M&A | 6 of 9 |
| Size (of disclosed) | 2 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-21 |
Paradox
Scottsdale, Arizona, United States Paradox is a conversational AI and workflow automation software platform that serves human resources functions in companies. Paradox offers an AI-powered recruiting assistant, named Olivia, focused on capturing candidate data, answering general candidate questions, qualifying leads, and scheduling interviews. Paradox was founded in 2016 and is based in Scottsdale, Arizona. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-25 |
Verint
Melville, New York, United States Verint is a provider of Actionable Intelligence solutions to clients. The company's portfolio of Enterprise Intelligence Solutions and Security Intelligence Solutions helps organizations Make Big Data Actionable through the ability to capture, analyze and act on large volumes of rich, complex, and often underused information sources such as voice, video, and unstructured text. Verint was founded in 1994 and is based in Melville, New York. |
Buy | $2.0B |
