AvidXchange (AVDX) is weighing a sale after receiving takeover interest, people familiar with the matter told Bloomberg’s Matthew Monks. The financial technology company that helps midsize businesses pay and receive bills has been working with advisers to consider options after being approached in recent months by potential buyers, including private equity firms, the sources said.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVDX: