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Tpg and Corpay to take AvidXchange private

Reuters on MSN · 1d

TPG, Corpay to buy payments firm AvidXchange in $2.2 billion take-private deal

Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange and take it private in an all-cash deal worth $2.2 billion, the companies said on Tuesday.

GlobalData on MSN · 1d

TPG and Corpay to take AvidXchange private in $2.2bn deal

TPG and Corpay have teamed up to acquire AvidXchange in an all-cash deal valued at $2.2bn, taking the payments firm private. The firms will pay $10.00 per share for AvidXchange, marking a 22% premium over the company’s closing price on 6 May.

Accounting Today · 1d

AvidXchange to be bought by Corpay, TPG for $2.2B

The AP solutions provider has agreed to be acquired by an asset management firm and payment solutions provider, after which it will go private.

15h

AvidXchange acquisition raises questions on fintech's future in Charlotte

An option allowing one of AvidXchange’s buyers to fully acquire the company in three years raises questions about the ...

1don MSN

Charlotte fintech AvidXchange sold for $2.2B to a pair of out-of-state companies

The payment software company was founded in a Charlotte coffee shop 25 years ago and went public in 2021 with a $660M IPO.

Well-known Charlotte startup sells for $2.2 billion

One of Charlotte’s best-known homegrown companies is being sold. AvidXchange was formed in 2000 and, as of the end of last ...

1d

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of AvidXchange Holdings, Inc. - AVDX

Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is ...

AvidXchange Sold for $2.2 Billion, Returns to Private Ownership

In a major market shift, TPG and Corpay struck a $2.2 billion deal to acquire Charlotte’s payment software firm AvidXchange.

2d

Corpay Reports First Quarter Financial Results

Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its first quarter ended March 31, 2025.

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