Close the minority investment in AvidXchange alongside TPG take-private
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 6 May 2025
- Due
- 31 Dec 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the fourth quarter of 2025, subject to shareholder and regulatory approval and standard closing conditions.”
What we found
Evidence strength A What the grades mean
Filings state the AvidXchange take-private transaction was completed and the minority investment closed in October 2025, before the December 31, 2025 deadline.
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A Corpay 10-K filed 2026-02-27
“The take-private transaction was completed in October 2025.” ✓ confirmed on the page
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A Corpay 10-K filed 2026-02-27
“In October 2025, we invested approximately $578 million for approximately 35% of the equity in the limited partnership with TPG” ✓ confirmed on the page
Market reaction: the shares moved +1.4% against the S&P 500 over the three sessions around the disclosure (26 Feb 2026 to 3 Mar 2026). What this measures
Checked 11 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Close
- Deliverable
- Minority equity investment in AvidXchange take-private transaction
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to shareholder and regulatory approval; standard closing conditions
- Depends on
- Shareholder, Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2025-CPAY-006740 · Corrections policy