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Ceridian HCM Holding Priced, NYSE: CDAY

Provides enterprises with human capital management software.

Industry: Technology

Latest Trade: $53.65 0.00 (0.0%)

First Day Return: +41.9%

Return from IPO: +143.9%

Industry: Technology

Ceridian is a founder-led global human capital management (HCM) software company. Dayforce, our flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. Our platform is used by organizations in the US (69% of sales) and Canada (30%) to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing their people. Dayforce combines a modern, consumer-grade user experience with proprietary application architecture, including a single employee record and a rules engine spanning all areas of HCM. Our platform improves HCM decision-making, eases administrative work, streamlines workflows, exposes strategic insights, and simplifies compliance. We sell through our direct sales force on a subscription basis, which are typically structured with multi-year contracts. Dayforce serves customers of all sizes ranging from 100 to over 100,000 employees across multiple industries. We have rapidly grown the Dayforce platform to more than 3,000 live Dayforce customers, representing over 2.5 million active global users. Ceridian was taken private in 2007 by Thomas H. Lee Partners and Cannae Holdings (recently spun out of Fidelity National Finance) for $5.3 billion; it acquired its core Dayforce platform in 2012 and sold its Comdata payment systems unit to FleetCor in 2014 for $3.5 billion.
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IPO News for Ceridian HCM Holding
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IPO Data
IPO File Date 03/26/2018
Offer Price $22.00
Price Range $19.00 - $21.00
Offer Shares (mm) 21.0
Deal Size ($mm) $462
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/25/2018
Offer Price $22.00
Price Range $19.00 - $21.00
Offer Shares (mm) 21.0
Deal Size ($mm) $462
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Minneapolis, MN
Founded 1957
Employees 4,212
Website www.ceridian.com