AvidXchange Holdings Inc. has been delisted from the Nasdaq Global Select Market following the completion of its acquisition by TPG and Corpay. The transaction, which valued AvidXchange at approximately $2.2 billion, resulted in the company becoming privately held. The acquisition was closed on October 15, 2025, after receiving shareholder approval and satisfying regulatory conditions. With the support of TPG and Corpay, AvidXchange announced plans to accelerate innovation, deliver enhanced solutions, and expand its platform as a private company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AvidXchange Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9546003-en) on October 15, 2025, and is solely responsible for the information contained therein.
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