Sidetrade Completes Acquisition of Australian ezyCollect
Sidetrade has finalized the acquisition of 100% of ezyCollect, an Australian SaaS provider of Order-to-Cash solutions. This transaction marks an expansion into the Asia-Pacific market as part of Sidetrade's international growth strategy.
Sidetrade, a global provider of AI-powered Order-to-Cash applications, has completed the acquisition of ezyCollect, an Australian company specializing in Order-to-Cash solutions for small and mid-sized businesses. The acquisition strengthens Sidetrade's international strategy by establishing a presence in the Asia-Pacific region.
The transaction values ezyCollect at €37.3 million, consisting of cash and Sidetrade shares. Part of the payment in shares is intended to retain the company's founders and key personnel for at least three years. An additional earn-out payment is also possible, based on ezyCollect's revenue growth through the end of 2028.
The acquisition has been financed through Sidetrade's cash reserves and a long-term credit facility, preserving the company's liquidity and flexibility for future mergers and acquisitions. The financial results of ezyCollect will be consolidated retroactively from October 1, 2025.
This move broadens Sidetrade's reach within the Order-to-Cash market, which encompasses functionalities like invoicing, payment processing, and collections. The integration of ezyCollect is expected to provide Sidetrade with a new growth avenue in a rapidly expanding market.