Radial, Inc.
| File:Radial logo.png | |
| Private | |
| Industry | E-commerce |
| Predecessor |
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| Founded | 2016 |
| Headquarters | King of Prussia, Pennsylvania, United States |
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Key people
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Number of employees
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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 GameStop, DSW, Shoe Carnival and Destination XL.
The company operates 27 fulfillment and 6 call centers in the U.S., Canada, and Europe.
Contents
History
Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of eBay Enterprise.[2]
Merger
Sterling Partners, a private equity firm, acquired Innotrac on January 6, 2014 for $8.20 per share.[3] The buyout totaled $108 million.[4] Innotrac provided customer support and fulfillment services to retailers, software providers, and telecommunications companies.[5]
On November 2, 2015, Sterling Partners acquired eBay Enterprise's operations and enterprise technology services division.[6] Sterling Partners planned to merge Innotrac and the group from eBay Enterprise.[7]
The combined company, Radial, was announced on April 19, 2016. Sterling Partners estimated Radial's initial value at more than $1 billion.[7]
References
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