AvidXchange Holdings, Inc.

Overview

Deal Type Equity Capital Markets
Size $660 Million
Initial Public Offering
Client & Transactional Partners AvidXchange Holdings, Inc.
Our Role Joint Bookrunner

Summary

On October 12, 2021, AvidXchange Holdings, Inc. (the "Company) priced $660 Million in its Initial Public Offering ("IPO"). KeyBanc Capital Markets acted as a Joint Bookrunner on the transaction. AvidXchange is a leading provider of accounts payable, or AP, automation software and payment solutions for middle market businesses and their suppliers.

Recent Deals

July 2025

a portfolio company of 

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$1.815 Billion

Senior Secured Credit Facilities

$900 Million

8.50% First Lien Secured Notes due 2032

Joint Lead Arranger
Joint Bookrunner

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June 2025

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formed and capitalized a joint venture with

iks health

Financial Advisor

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June 2025

 

El Camino Commons

$74.8 Million

Construction Loan & LIHTC Equity

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June 2025

tule silverback

$350 Million

Senior Secured Credit Facilities

Left Lead Arranger
Joint Bookrunner
Administrative Agent

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