Radial,_Inc.

Radial, Inc.

Radial, Inc.

Add article description

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]

Quick Facts Company type, Industry ...

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]

References

  1. [1]
    "Bpost picks Henri de Romrée". International Transport Journal. 7 February 2022. Retrieved 3 April 2022.
  2. [2]
    Ames, Ben (19 April 2016). "EBay Enterprise and Innotrac form combined firm called Radial". DC Velocity. Retrieved 23 April 2016.
  3. [3]
    "eBay Enterprise merges to become Radial; DSW among first clients". Chain Store Age. 19 April 2016.
  4. [4]
    Guy, Sandra (19 April 2016). "An eBay Enterprise division rebrands and directs some big retailer clients to Demandware". Internet Retailer. Retrieved 23 April 2016.
  5. [5]
    Dorbian, Iris (6 January 2014). "Sterling Partners completes Innotrac acquisition". PE HUB. Retrieved 23 April 2016.
  6. [6]
    Primack, Dan (7 January 2014). "Deals of the Day". Fortune. Retrieved 23 April 2016.
  7. [7]
    "Innotrac Corporation Company Profile". Hoover's. Retrieved 23 April 2016.
  8. [8]
    Lardinois, Frederic (2 November 2015). "Zeta Interactive Acquires eBay Enterprise's CRM Business". TechCrunch. Retrieved 23 April 2016.
  9. [9]
    Somerville, Heather (19 April 2016). "EBay Enterprise completes merger, rebrands as Radial". Reuters. Retrieved 23 April 2016.
  10. [10]
    Smith, Jennifer (9 October 2017). "Bpost to Buy Radial for $820 Million". The Wall Street Journal.


Stub icon 1 Stub icon 2

This article about an online company of the United States is a stub. You can help Wikipedia by expanding it.
Share this article:

This article uses material from the Wikipedia article Radial,_Inc., and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.