{"version":"1.0","type":"card","id":"b71a05bb-6e9f-4620-bc05-e28b096aba3c","url":"https://stacklist.com/card/b71a05bb-6e9f-4620-bc05-e28b096aba3c","title":"AvidXchange Expands Footprint with Florida Acquisition","source_url":"https://hypepotamus.com/feature/north-carolinas-avidxchange-expands-footprint-with-florida-acquisition/","note":"AvidXchange, a leading provider of accounts payable automation solutions, has recently expanded its operations by acquiring a Florida-based company. This move marks a significant step in their growth strategy, as AvidXchange continues to be recognized among the fastest-growing privately held firms in the U.S.","image":{"url":"https://ucarecdn.com/e35a4a12-fb10-43de-b03a-8331d12e2334/","alt":"AvidXchange Expands Footprint with Florida Acquisition","width":856,"height":856},"stack":{"id":"9fe5571f-6ea0-448a-b0e9-aa411e7ad0e0","title":"Fintech Industry Trends and Ecosystem Reports","url":"https://stacklist.com/c/finance/stack/9fe5571f-6ea0-448a-b0e9-aa411e7ad0e0"},"created_at":"2026-07-09T15:39:55.125Z","updated_at":null,"aco":{"summary":"AvidXchange, a Charlotte-based fintech software provider, acquired Florida-based Core Associates and its TimberScan AP automation platform to become a leading purchase-to-pay solution for the construction industry. The company, valued at over $1 billion since 2017, continues its exponential growth with multiple acquisitions and an expanding headquarters.","tags":["fintech","acquisition","accounts-payable","avidxchange","b2b-payments","construction","startup-growth"],"key_entities":[{"name":"AvidXchange","type":"organization","confidence":0.99},{"name":"Core Associates","type":"organization","confidence":0.95},{"name":"TimberScan","type":"technology","confidence":0.95},{"name":"Michael Praeger","type":"person","confidence":0.95},{"name":"Frank Grenci","type":"person","confidence":0.9},{"name":"Charlotte, North Carolina","type":"location","confidence":0.95},{"name":"Jupiter, Florida","type":"location","confidence":0.9},{"name":"AvidPay Network","type":"technology","confidence":0.9},{"name":"BankTel Systems","type":"organization","confidence":0.8},{"name":"Chantal Allam","type":"person","confidence":0.85},{"name":"purchase-to-pay automation","type":"concept","confidence":0.88}],"classification":"notes","language":"en","confidence":0.85,"provenance":{"model":"claude-opus-4-6","tool":"@stacklist/mcp-server@2.0.0","confidence":0.85,"timestamp":"2026-07-09T15:40:06.263Z"},"token_counts":{"approximate":602,"cl100k":523},"content_hash":"sha256:7d775a60fad5e6cbdfa85df143c6191abe0d53da29ea2e34fe577911b0659897","acp_version":"0.2","body_available":true,"body_tokens":602,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/b71a05bb-6e9f-4620-bc05-e28b096aba3c.json","html":"https://stacklist.com/card/b71a05bb-6e9f-4620-bc05-e28b096aba3c","md":"/api/public/card/b71a05bb-6e9f-4620-bc05-e28b096aba3c.md","stack_json":"/api/public/stack/9fe5571f-6ea0-448a-b0e9-aa411e7ad0e0.json"}}