The following chart details ... growth potential. AvidXchange has demonstrated impressive growth with a 24% revenue CAGR from 2020-2024. The company also completed the acquisition of Gringo ...

The following chart details organic revenue ... verticals with high growth potential. AvidXchange has demonstrated impressive growth with a 24% revenue CAGR from 2020-2024. The company also completed ...

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

As part of the acquisition, another payments company Corpay, formerly known as FleetCor Technologies, will buy a 33% stake in the publicly-traded AvidXchange for $500 million, according to its ...

The acquisition by TPG, a global alternative asset management firm, and Corpay, a leader in corporate payments, represents a strategic move that will result in AvidXchange becoming a private entity.

The acquisition price is set at $10 per share in cash, valuing AvidXchange at $2.2 billion, and reflects a 22% increase over AvidXchange’s closing stock price of $8.20 on May 6, 2025.

Full Year 2025 Financial Outlook AvidXchange is suspending its previously issued financial outlook for fiscal 2025 in light of its pending acquisition by TPG in partnership with Corpay.