Corpay and TPG complete AvidXchange acquisition

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Corpay and TPG close AvidXchange Acquisition

October 15, 2025 9:22 AM EDT

AvidXchange is a $450 million revenue AP automation and payments solutions provider
Corpay acquired 34% of AvidXchange, with option to buy remainder

ATLANTA--(BUSINESS WIRE)-- Corpay, Inc. (NYSE: CPAY), the corporate payments company, today announced along with TPG, that they have completed the take-private transaction for AvidXchange Holdings, Inc.,... More