Company type | Subsidiary |
---|---|
Industry | E-commerce |
Predecessor |
|
Founded | 2016 |
Headquarters | , |
Key people | |
Number of employees | 7,000+ [2] (2016) |
Parent | Bpost |
Website |
radial |
Radial, Inc. is an American multinational e-commerce company based in King of Prussia, Pennsylvania. [2] It provides order management, payment processing, order routing, fulfillment, and analytics services for companies such as GameStop, DSW, Shoe Carnival and Destination XL. [3]
Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise. [4]
Sterling Partners, a private equity firm, acquired Innotrac on January 6, 2014, for $8.20 per share. [5] The buyout totaled $108 million. [6] Innotrac provided customer support and fulfillment services to retailers, software providers, and telecommunications companies. [7]
On November 2, 2015, Sterling Partners acquired eBay Enterprise's operations and enterprise technology services division. [8] Sterling Partners planned to merge Innotrac and the group from eBay Enterprise. [9]
The combined company, Radial, was announced on April 19, 2016. Sterling Partners estimated Radial's initial value at more than $1 billion. [9]
In October 2017, the Belgian Post Group, also known as bpost, acquired Radial for $820 million. [10]
Company type | Subsidiary |
---|---|
Industry | E-commerce |
Predecessor |
|
Founded | 2016 |
Headquarters | , |
Key people | |
Number of employees | 7,000+ [2] (2016) |
Parent | Bpost |
Website |
radial |
Radial, Inc. is an American multinational e-commerce company based in King of Prussia, Pennsylvania. [2] It provides order management, payment processing, order routing, fulfillment, and analytics services for companies such as GameStop, DSW, Shoe Carnival and Destination XL. [3]
Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise. [4]
Sterling Partners, a private equity firm, acquired Innotrac on January 6, 2014, for $8.20 per share. [5] The buyout totaled $108 million. [6] Innotrac provided customer support and fulfillment services to retailers, software providers, and telecommunications companies. [7]
On November 2, 2015, Sterling Partners acquired eBay Enterprise's operations and enterprise technology services division. [8] Sterling Partners planned to merge Innotrac and the group from eBay Enterprise. [9]
The combined company, Radial, was announced on April 19, 2016. Sterling Partners estimated Radial's initial value at more than $1 billion. [9]
In October 2017, the Belgian Post Group, also known as bpost, acquired Radial for $820 million. [10]