Silver Birch Finance acquires Tradeteq to expand securitisation and risk offerings

Silver Birch Finance, a global working capital structuring and advisory business, today announced the acquisition of Tradeteq, the leading trade finance distribution and securitisation platform.

Silver Birch is backed by private equity owners and this deal is part of the company’s strategy to grow both organically and through acquisition.

This acquisition increases Silver Birch’s working capital volumes currently outstanding by 50 per cent, to US$1.5bn, and adds securitisation as a service and synthetic risk transfer (SRT) solutions to its product offering.

“We are delighted to welcome Tradeteq to the Silver Birch group. Tradeteq’s ‘Securitisation-as-a-Service’ technology is both market leading and highly complementary to Silver Birch’s origination, structuring and financing capabilities. The combination of our businesses further enhances our capabilities and enables us to continue to scale significantly.
As a non-bank originator, we also look forward to joining the TFD Initiative network, further aligning with its goals to standardise and scale the distribution of trade finance assets through technology-enabled infrastructure and practices,” said Sean Hanafin, CEO of Silver Birch.

Tradeteq’s co-founders, Christoph Gugelmann and Nils Behling, will support the integration to ensure a seamless transition of all Tradeteq client services.

“The integration of Tradeteq into the Silver Birch Group creates immediate and tangible synergies. Tradeteq note investors will gain origination access to a broader private equity-backed corporate network, while our technology will drive greater efficiency and scalability across Silver Birch’s processes. We’re proud to see Tradeteq’s platform and vision aligned with a partner that shares our ambition to modernise and grow the trade finance ecosystem.” said Christoph Gugelmann, CEO and co-founder of Tradeteq.

Nils Behling, co-founder of Tradeteq commented: “This acquisition milestone represents a strong validation of Tradeteq’s technology, vision, and the impact we’ve had on trade finance distribution and investment over the past several years. We’re proud to have built a platform and business that are now joining a group committed to accelerating innovation, deepening market access, and driving the next phase of growth for this asset class.”

André Casterman, who will continue to lead the TFD Initiative, added: “I look forward to working with the Silver Birch team to further expand the TFD Initiative community. Businesses around the world show a growing appetite to work with new lending partners and to adopt digital trade solutions.”

About Silver Birch
Silver Birch is a working capital structuring and advisory business that partners with large MNCs and leading banks across Europe, the Americas, Asia and the Middle East.
Silver Birch is majority owned by TDR Capital, a leading private equity firm with over $16bn of committed capital, and majority stakes in Asda, Aggreko, David Lloyd and other major businesses.
Silver Birch leverages its data science team to monetise portfolios of receivables and its SB Trading companies (Silver Birch Trading) to deliver inventory solutions.

About Tradeteq
Tradeteq provides alternative lending platforms, banks, factoring companies, and investors with all the tools required to manage their transactions with each other. This includes Securitisation as a Service, workflow automation, and on-demand reporting.
Tradeteq has strong customer relationships with leading banks, asset managers and investors in trade finance. Through the XDC Network, a blockchain platform, Tradeteq is also accessing key constituents in the burgeoning digital asset space. Silver Birch will continue to support, develop, and grow these relationships.
Tradeteq owns and operates the Trade Finance Distribution Initiative (TFD Initiative) which will continue to be led by André Casterman.

Source: Tradeteq