Thoma Bravo Is Said in Talks to Buy Software Firm Dayforce (3)

Thoma Bravo is in talks to acquire human resources management software provider Dayforce Inc., according to people familiar with the matter.

The buyout firm is planning to take the Minneapolis-based company private in a deal that could be announced as soon as the coming weeks, the people said, asking not to be identified as the matter is private.

Shares of Dayforce rose as much as 28% on Monday for their biggest intraday gain in more than seven years. The stock was up 25% at 9:38 a.m in New York, giving the company a market value of about $10.6 billion. ...