Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange and take it ...

AvidXchange announced Tuesday that the Charlotte-based payments solutions provider is being acquired in a $2.2 billion deal.

The accounts payable software firm agreed to be taken private in an acquisition by investment company TPG and card processor ...

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 ...

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market ...

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

In a major market shift, TPG and Corpay struck a $2.2 billion deal to acquire Charlotte’s payment software firm AvidXchange.

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 ...

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 ...