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.

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 ...

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

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.

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 ...

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 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% ...

The deal, which helps the two payments firms scale up operations, sent AvidXchange's shares soaring about 20% in extended trading. Sign up here. Under the agreement, TPG and Corpay have agreed to ...

Corpay and TPG will acquire AvidXchange for $10 per share in cash, valuing it at $2.2 billion. The acquisition offers a 22% premium over AvidXchange's previous closing price, with Corpay taking a ...