Sidetrade: New York Fund Doubles Its Stake, Surpassing 10% of Capital
Briarwood Chase Management, an investment firm based in New York, has doubled its stake in Sidetrade, now exceeding 10% of the company's capital. This increase in shareholding follows the crossing of the 5% threshold at the end of 2024.
Significant Acquisition by Briarwood Chase Management
Briarwood Chase Management, through its Briarwood Capital Partners LP fund, has acquired additional shares of Sidetrade, pushing its participation beyond 10% of the company's equity. This increase in stake reflects the American investor's confidence in the French company specialized in artificial intelligence applied to the Order-to-Cash cycle. The fund, which targets companies with high growth potential and sustainable competitive advantages, builds its positions based on thorough fundamental analysis and direct exchanges with management teams.
Factors Justifying Increased Commitment
Briarwood Chase Management highlights several factors justifying its increased commitment. Sidetrade's proprietary Data Lake, built over more than ten years from over $8 trillion in B2B payment transactions from more than 42 million purchasing companies, represents a competitive advantage that is difficult to replicate, according to the fund. This database gives Sidetrade an estimated lead of at least three years. The company's multi-year contracts, with an average duration of 3 to 4 years, also provide better customer retention against competitors. Robert Blatt, CEO of Briarwood Chase Management, notes that Sidetrade now resembles an AI-native startup rather than a traditional software publisher, having developed its own data center infrastructure equipped with Nvidia GPU chips and its own specialized language model.
Advancements in Autonomous AI
In 2025, Sidetrade achieved a milestone in autonomous AI with the launch of the first AI debt collection agent capable of interacting over the phone with debtors and executing collection actions without human intervention. Fifteen agents are expected to be in production within major international groups by the end of the first quarter of 2026, handling tens of thousands of invoices with thousands of B2B debtors. Sidetrade is recognized as a Leader in the Gartner Magic Quadrant for Invoice-to-Cash applications and serves clients in 85 countries.
