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Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange and take it ...
The AP solutions provider has agreed to be acquired by an asset management firm and payment solutions provider, after which ...
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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.
Corpay, Inc. to acquire AvidXchange for $2.2 billion in cash, reflecting a 22% increase over recent stock price and a 16% ...
The take-private deal is worth about $2.2 billion and scheduled to close during the fourth quarter of this year. 2025 CFO of ...
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 ...
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 ...
May 6 (Reuters) - Global alternative asset manager TPG (TPG.O), opens new tab will partner with Corpay (CPAY.N), opens new tab to buy payments solutions provider AvidXchange (AVDX.O), opens new ...
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% ...
Once the deal is finalized, AvidXchange will become a privately held company. AvidXchange CEO on how he keeps fintech firm on path for growth Where AvidXchange is eyeing investment, growth in ...