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.

AvidXchange Holdings, Inc. (NASDAQ:AVDX) shares are trading higher premarket on Wednesday. On Tuesday, the company inked a ...

Makes $500 million minority investment in take-private transaction with option to acquire 100% Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a ...

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 ...

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.

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 ...

Chairman and CEO of Corpay. “We’re incredibly impressed with AvidXchange’s assets and capabilities. AvidXchange has over 8,500 highly satisfied customers in complementary verticals.

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