Jamieson is pleased to announce that it has advised the management team of AvidXchange Holdings, Inc. (“AvidXchange” or the “Company”) on its take-private acquisition by TPG and Corpay for $2.2 billion. TPG acquired a majority interest in AvidXchange and Corpay acquired a minority interest in the Company.
AvidXchange is a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses and it has made payments to more than 1,350,000 supplier customers of its buyers over the past five years.
Mike Sirkin and Evan Alper led the Jamieson team that advised Michael Praeger (CEO) and his management team on the terms of their reinvestment and the management incentive plan.
Jamieson Corporate Finance US, LLC is a member of FINRA/SIPC.
