Radial, Inc.
 | |
| Company type | Private |
|---|---|
| Industry | E-commerce |
| Predecessor |
|
| Founded | 2016 |
| Headquarters | , |
Key people |
|
| Owner | Sterling Partners |
Number of employees | 7,000+[1] (2016) |
| Website | radial |
Radial, Inc. is a multinational e-commerce company based in King of Prussia, Pennsylvania.[1] It provides order management, payment processing, order routing, fulfillment, and analytics services for companies such as Godiva Chocolatier, GameStop, DSW, Shoe Carnival and Destination XL.[2]
The company operates 27 fulfillment and 6 call centers in the U.S., Canada, and Europe.
History
Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise.[3] In January 2017, Matthew J. Espe was appointed Chief Executive Officer,[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]
References
- ^ a b Ames, Ben (19 April 2016). "EBay Enterprise and Innotrac form combined firm called Radial". DC Velocity. Retrieved 23 April 2016.
- ^ "Clients". Radial. Retrieved 2017-03-05.
- ^ Guy, Sandra (19 April 2016). "An eBay Enterprise division rebrands and directs some big retailer clients to Demandware". Internet Retailer. Retrieved 23 April 2016.
- ^ https://www.radial.com/about/our-team
- ^ Dorbian, Iris (6 January 2014). "Sterling Partners completes Innotrac acquisition". PE HUB. Retrieved 23 April 2016.
- ^ Primack, Dan (7 January 2014). "Deals of the Day". Fortune. Retrieved 23 April 2016.
- ^ "Innotrac Corporation Company Profile". Hoover's. Retrieved 23 April 2016.
- ^ Lardinois, Frederic (2 November 2015). "Zeta Interactive Acquires eBay Enterprise's CRM Business". TechCrunch. Retrieved 23 April 2016.
- ^ a b Somerville, Heather (19 April 2016). "EBay Enterprise completes merger, rebrands as Radial". Reuters. Retrieved 23 April 2016.
External links
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