News

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 ...
GlobalData on MSN4d
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.
AvidXchange Agrees to be Acquired by TPG in Partnership with Corpay for $2.2 Billion
AvidXchange stockholders to receive $10.00 per share in cashCHARLOTTE, N.C., May 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“AvidXchange” or the “Company”), a leading ...
PE Hub3d
TPG on a roll with AvidXchange and Peppertree deals; DC Advisory expects measured recovery for dealmaking in H2
An exclusive look at DC Advisory’s US Private Equity Mid-Market Monitor: Q1 2025 & Outlook; TPG makes a pair of deal ...
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.
Seeking Alpha4d
AvidXchange Agrees to be Acquired by TPG in Partnership with Corpay for $2.2 Billion
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 ...
TPG, Corpay agree to buy AvidXchange in $2.2B cash deal
Alternative asset manager TPG (TPG) and corporate payments company Corpay (CPAY) agreed to acquire AvidXchange (AVDX) for $10.00 per share in a cash deal valued at $2.2B.
CNA4d
TPG, Corpay to buy AvidXchange for $2.2 billion
Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange for $2.2 billion in an all-cash deal, the companies said on Tuesday.The deal, which helps ...