ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global leader in corporate payments, today announced that the Company will participate in the following investor conferences: On Tuesday, May 20, 2025, the Company will be attending the 15th Annual Barclays Emerging Payments and FinTech Forum in New York, NY. Management will participate in a fireside chat beginning at 8:00 AM ET. On Tuesday...
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.
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 t...
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its first quarter ended March 31, 2025. “Our first quarter results were right in-line with our expectations. First quarter 2025 organic revenue growth was 9% and within that, our Corporate Payments segment grew 19%,” said Ron Clarke, chairman and chief executive officer, Corpa...
Alpha Group International PLC (AIM:ALPH) shares climbed 5% after it confirmed that it has received a "preliminary and conditional" cash takeover bid from NYSE-listed Corpay. The UK provider of financial solutions to corporates and institutions, formerly known as Alpha FX, said its board had unanimously rejected the proposal after careful consideration.
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