Overview
AvidXchange is a US provider of accounts payable automation and payment software for mid-sized businesses. Until October 2025 its shares traded on the Nasdaq Global Select Market under the symbol AVDX[4].
On 15 October 2025 AvidXchange completed its merger with affiliates of TPG Global under an agreement dated 6 May 2025. Each share of common stock was converted into the right to receive US$10.00 in cash, and the company became a wholly owned subsidiary of the TPG-controlled parent, in which Corpay, Inc. is also an investor[4]. Its shares were subsequently delisted[4].
AvidXchange combines invoice capture and approval software with supplier payments. Since going private it no longer publishes quarterly results, so recent customer and payment figures are not available from filings, and it does not publish prices. Corpay, Inc., another business-payments company, is an investor in its parent[4].
AvidXchange features
- Invoice capture and approval workflows
- Supplier payment network
- ERP and accounting integrations
- Electronic and cheque payments
AvidXchange pricing
Quote-based.
AvidXchange strengths and limitations
Strengths
- Established mid-market vendor
- Payment network built in
- Backed by TPG and Corpay
Limitations
- No published pricing
- No longer publishes financial results
- Product direction may change after take-private
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