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 take-private deal is worth about $2.2 billion and scheduled to close during the fourth quarter of this year. 2025 CFO of ...

Corpay, Inc. to acquire AvidXchange for $2.2 billion in cash, reflecting a 22% increase over recent stock price and a 16% ...

Upon completion of the transaction, AvidXchange will become a private company with additional flexibility to continue investing in growth and delivering integrated payment solutions that enable ...

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

TPG and Corpay have agreed to acquire AvidXchange, a Charlotte, North Carolina-based provider of accounts payable automation software and payment solutions, in a $2.2 billion take-private deal.

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% ...