Radial, Inc.
American multinational e-commerce company
From Wikipedia, the free encyclopedia
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]
- eBay Enterprise, Inc.
- Innotrac Corporation
 | |
| Company type | Subsidiary |
|---|---|
| Industry | E-commerce |
| Predecessor |
|
| Founded | 2016 |
| Headquarters | , |
Key people | |
Number of employees | 7,000+[2] (2016) |
| Parent | Bpost |
| Website | radial |
History
Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise.[4]
Merger
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]
Bpost
In October 2017, the Belgian Post Group, also known as bpost, acquired Radial for $820 million.[10]
