Once the deal is finalized, AvidXchange will become a privately held company. AvidXchange CEO on how he keeps fintech firm on ...

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.

Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdings, Inc (NASDAQ: AVDX) ...

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

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

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 ...

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 ...

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.

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 ...

“Corpay has a long track record of driving value through innovative products and high-quality customer service,” said John Flynn and Tim Millikin, Partners at TPG. “They bring an important ...