Ceridian Completes Acquisition of Dayforce
|Areas||Litigation, Tax, Technology|
Goodmans represented Ceridian Corporation, a leading provider of payroll, tax filing, benefits, human resources, workforce management and recruiting software and solutions, in connection with its acquisition of Toronto-based Dayforce Corporation, a leading cloud Human Capital Management software and services solution provider. The purchase price was undisclosed.
The acquisition concludes Ceridian’s initial investment in Dayforce, announced February 2011. During the first 14 months of partnership, Ceridian and Dayforce have enjoyed phenomenal success delivering the industry’s best workforce management solution, while expanding the Dayforce HCM application into both HR Self-Service and Payroll. The Ceridian Dayforce HCM solution will provide companies with innovative capabilities and a leading user experience across Workforce Management, HR Self-Service, Payroll, and Benefits in 2012. Talent Management and Compensation & Performance Management will follow in 2013.