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

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 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% ...

Corpay, Inc. CPAY reported mixed first-quarter 2025 results. Earnings surpassed the Zacks Consensus Estimate, while revenues ...

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

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 ...

Under the agreement, Corpay will invest approximately $500 million for a 33% equity stake in the company. The transaction is expected to close in the fourth quarter of 2025, subject to shareholder and ...

British financial services provider Alpha Group International on Tuesday said it had rejected an all-cash proposal from U.S.-based business payments firm Corpay .