Radial, Inc.

Radial, Inc. is an American multinational e-commerce company based in King of Prussia, Pennsylvania.[4] It provides order management, payment processing, order routing, fulfillment, and analytics services for companies such as GameStop, DSW, Shoe Carnival and Destination XL.[5]

Radial, Inc.
TypePrivate (LLC)[1]
IndustryE-commerce
Predecessor
Founded2016 (2016)
Headquarters
King of Prussia, Pennsylvania
,
United States
Key people
Number of employees
7,000+[4] (2016)
ParentBpost
Websiteradial.com

History

Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise.[6]

Merger

Sterling Partners, a private equity firm, acquired Innotrac on January 6, 2014, for $8.20 per share.[7] The buyout totaled $108 million.[8] Innotrac provided customer support and fulfillment services to retailers, software providers, and telecommunications companies.[9]

On November 2, 2015, Sterling Partners acquired eBay Enterprise's operations and enterprise technology services division.[10] Sterling Partners planned to merge Innotrac and the group from eBay Enterprise.[11]

The combined company, Radial, was announced on April 19, 2016. Sterling Partners estimated Radial's initial value at more than $1 billion.[11]

Bpost

In October 2017, the Belgian Post Group, also known as bpost, acquired Radial for $820 million.[12]

References
  1. https://www.radial.com/press-room/press-releases/bpost-acquisition-radial
  2. "Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers". Memphis Daily News. Retrieved 2020-07-21.
  3. Evanoff, Daniel Connolly and Ted. "Radial to cut 486 jobs in Memphis". The Commercial Appeal. Retrieved 2020-07-21.
  4. Ames, Ben (19 April 2016). "EBay Enterprise and Innotrac form combined firm called Radial". DC Velocity. Retrieved 23 April 2016.
  5. "eBay Enterprise merges to become Radial; DSW among first clients". Chain Store Age. 19 April 2016.
  6. Guy, Sandra (19 April 2016). "An eBay Enterprise division rebrands and directs some big retailer clients to Demandware". Internet Retailer. Retrieved 23 April 2016.
  7. Dorbian, Iris (6 January 2014). "Sterling Partners completes Innotrac acquisition". PE HUB. Retrieved 23 April 2016.
  8. Primack, Dan (7 January 2014). "Deals of the Day". Fortune. Retrieved 23 April 2016.
  9. "Innotrac Corporation Company Profile". Hoover's. Retrieved 23 April 2016.
  10. Lardinois, Frederic (2 November 2015). "Zeta Interactive Acquires eBay Enterprise's CRM Business". TechCrunch. Retrieved 23 April 2016.
  11. Somerville, Heather (19 April 2016). "EBay Enterprise completes merger, rebrands as Radial". Reuters. Retrieved 23 April 2016.
  12. Smith, Jennifer (9 October 2017). "Bpost to Buy Radial for $820 Million". The Wall Street Journal.


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