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Radial, Inc.

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Radial, Inc.
TypeSubsidiary
IndustryE-commerce
Predecessor
Founded2016 (2016)
Headquarters
King of Prussia, Pennsylvania
,
United States
Key people
  • Henri de Romrée
    (President & CEO)[1]
Number of employees
7,000+[2] (2016)
ParentBpost
Websiteradial.com

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]

History

[edit]

Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise.[4]

Merger

[edit]

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

[edit]

In October 2017, the Belgian Post Group, also known as bpost, acquired Radial for $820 million.[10]

References

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


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