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Dayforce Completes Acquisition of eloomi

Feb 07, 2024•almost 2 years ago

Acquiring Company

Dayforce

Acquired Company

eloomi A/S

MinneapolisCopenhageninformation technology & servicesHuman ResourcesSaasSoftwareSoftware Development

Description

Dayforce, Inc. has completed the acquisition of eloomi A/S, a leading learning experience platform software provider based in Copenhagen, Denmark, and Orlando, Florida. This acquisition further positions Dayforce as the all-in-one HCM solution for organizations around the world, empowering customers with best-in-class people development capabilities and addressing the dynamic learning and development needs of today’s boundless workforce.

Company Information

Company

Dayforce

Location

3311 E Old Shakopee Rd

Minneapolis, Minnesota, United States

About

Dayforce, Inc. is a global human capital management (HCM) leader that makes work life better. It serves millions of users and nearly 6,400 customers globally, including some of the largest and most recognizable brands in the world. Dayforce offers a single, global people platform for HR, payroll, talent, workforce management to unlock their full workforce potential and operate with confidence.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed