Buyout (LBO, MBO, MBI) • Software

Welsh Carson Anderson & Stowe Acquires Dayforce

On August 25, 1995, private equity firm Welsh Carson Anderson & Stowe acquired software company Dayforce

Acquisition Context
  • This is Welsh Carson Anderson & Stowe’s 1st transaction in the Software sector.
  • This is Welsh Carson Anderson & Stowe’s 4th transaction in the United States.
  • This is Welsh Carson Anderson & Stowe’s 1st transaction in Minnesota.
Investment Fate
  • Dayforce was sold to a consortium of buyers in 2007 for 5.3B USD.
  • Dayforce went public in 2018.
  • Dayforce was sold to a financial buyer in 2025 for 12.3B USD.

Explore All 959 Buyout (LBO, MBO, MBI) Software Deals - Search the Database Free


M&A Deal Summary

Date August 25, 1995
Target Dayforce
Sector Software
Buyer(s) Welsh Carson Anderson & Stowe
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Dayforce

Minneapolis, Minnesota, United States
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.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Welsh Carson Anderson & Stowe

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1979
PE ASSETS 31.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.


Deal Context for Buyer #
Overall 4 of 104
Sector: Software 1 of 5
Type: Buyout (LBO, MBO, MBI) 3 of 42
State: Minnesota 1 of 4
Country: United States 4 of 99
Year: 1995 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-01-01 Pediatrix Medical Group

Sunrise, Florida, United States

Pediatrix Medical Group is a provider of maternal-fetal, newborn and pediatric subspecialty physician services. Pediatrix Medical Group was founded in 1979 and is based in Sunrise, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-12-01 Global Knowledge

Cary, North Carolina, United States

Global Knowledge is a world leader in technical skills training, supporting major enterprises and IT professionals with innovative and flexible learning solutions and offering authorized content from major technology providers. Global Knowledge delivers training in multiple modalities, both on-demand and instructor-led through virtual delivery and classrooms, blended formats, and customized on-site training, directly and through a worldwide partner network. Global Knowledge was founded in 1995 and is based in Cary, North Carolina.

Buy -