Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange and take it ...

TPG and Corpay have teamed up to acquire AvidXchange in an all-cash deal valued at $2.2bn, taking the payments firm private.

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

The accounts payable software firm agreed to be taken private in an acquisition by investment company TPG and card processor ...

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

AvidXchange Holdings, Inc. (NASDAQ:AVDX) shares are trading higher premarket on Wednesday. On Tuesday, the company inked a ...

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

Shares of AvidXchange soared Wednesday, a day after TPG and Corpay agreed to buy the company in a $2.2 billion deal. The stock was recently up 18.5% to $9.72, approaching the $10 a share cash offer ...

TPG and Corpay will acquire AvidXchange for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. TPG will acquire a majority interest in AvidXchange through TPG Capital ...

Makes $500 million minority investment in take-private transaction with option to acquire 100% Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a ...

CHARLOTTE, N.C. ( QUEEN CITY NEWS) — AvidXchange announced Tuesday that the Charlotte-based payments solutions provider is being acquired in a $2.2 billion deal.