Two Blokes

AvidXchange Agrees to be Acquired by TPG in Partnership with Corpay for $2.2 Billion

  • click to rate
    Posted by Two Blokes May 6 - Filed in Stock - 2 views
    CHARLOTTE, N.C., May 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“AvidXchange” or the “Company”), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that it has entered into a definitive agreement to be acquired by TPG (NASDAQ: TPG), a global alternative asset management firm, in partnership with Corpay, a global leader in corporate payments.