AVDX Stock Recent News
AVDX LATEST HEADLINES
Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Financial Technology Partners and Barclays served AvidXchange as financial advisers on this transaction, according to a Tuesday (May 6) news release from AvidXchange.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of AvidXchange Holdings, Inc. (NASDAQ: AVDX) to TPG for $10.00 per share in cash is fair to AvidXchange shareholders. Halper Sadeh encourages AvidXchange shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether AvidXchange.
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating AvidXchange (NASDAQ: AVDX) for possible breaches of fiduciary duty and other violations of law in its transaction with TPG and Corpay. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of AvidXchange will receive only $10.00 per share in a cash transaction that values.
Global alternative asset manager TPG will partner Corpay to buy payments solution firm AvidXchange for $2.2 billion in an all-cash deal, the companies said on Tuesday.
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdings, Inc (NASDAQ: AVDX) (“AvidXchange”) as part of a transaction to take AvidXchange private alongside TPG for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. Under the agreement, Corpay will invest approximately $500 million for a 33% equity stake in the company. The.
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.
Evaluate the expected performance of AvidXchange (AVDX) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
AvidXchange Holdings, Inc. (AVDX) concluded the recent trading session at $8.13, signifying a -0.73% move from its prior day's close.
In the latest trading session, AvidXchange Holdings, Inc. (AVDX) closed at $7.60, marking a -1.94% move from the previous day.
AvidXchange Holdings, Inc. (AVDX) reachead $7.69 at the closing of the latest trading day, reflecting a +1.72% change compared to its last close.