Sidetrade (Euronext: ALBFR.PA), the leading global provider of Predictive Sales-to-Cash solutions, announces the acquisition of a 5% threshold investment by Odyssée Venture.
Odyssée Venture now holds 84,444 shares in Sidetrade, representing 6.1% of the company’s capital.
Mathieu Boillet, CEO of Odyssée Venture, says:
We have been following Sidetrade’s development over the last 10 years and we highly value the progression of its SaaS model. Sidetrade’s involvement in the field of Artificial Intelligence and Predictive Analytics will serve to strengthen its strategic position at the heart of major companies. Sidetrade is now expanding its solutions across the entire Sales-to-Cash cycle through its innovative solutions for Finance (Sidetrade Payment Intelligence, SPi), Marketing and Sales (BrightTarget) Departments .We view this development as the basis of a new growth cycle for the company.