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Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange and take it private in an all-cash deal worth $2.2 billion, the companies said on Tuesday.
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Charlotte-based AvidXchange acquired by TPG for $2.2 billion - MSNAvidXchange agrees to a $2.2 billion acquisition by TPG and Corpay, taking the company private. advertisement. WCNC-TV Charlotte. ... The deal, which remains ...
AvidXchange to go private in $2.2 billion TPG, Corpay deal ...
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.
AvidXchange, an accounts payable and payments software provider, has agreed to be taken private by global asset management firm TPG in a transaction that values the business at $2.2 billion ...
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 ...
AvidXchange to go private in $2.2 billion TPG, Corpay deal. CHARLOTTE, N.C. - AvidXchange Holdings, Inc. (NASDAQ: AVDX), a provider of accounts payable automation software and payment solutions ...
The deal, which helps the two payments firms scale up operations, sent AvidXchange's shares soaring about 20% in extended trading. Under the agreement, TPG and Corpay have agreed to pay $10.00 per ...
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.
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.
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