Radial, Inc.
| Company type | Private |
|---|---|
| Industry | E-commerce |
| Predecessor | Innotrac Corporation, eBay Enterprise (enterprise services division) |
| Founded | April 19, 2016 |
| Headquarters | King of Prussia, Pennsylvania , United States |
Area served | Worldwide |
| Products | Order management, payment processing, order fulfillment, routing, analytics |
| Owner | Belgian Post Group (bpost) |
| Parent | Belgian Post Group (bpost) |
Radial, Inc. is a multinational e-commerce corporation based in the United States, with its main office located in King of Prussia, Pennsylvania. The company provides a range of services including order management, payment processing, order fulfillment, routing, and analytics to clients such as GameStop, DSW, Shoe Carnival, and Destination XL.
History
Radial was established through the combination of Innotrac Corporation and the enterprise services division of eBay Enterprise.
Merger
On January 6, 2014, private equity firm Sterling Partners acquired Innotrac for $108 million, paying $8.20 per share. Innotrac was known for delivering customer support and fulfillment solutions to retailers, software companies, and telecommunications firms.
Sterling Partners then purchased the operations and enterprise technology services segment of eBay Enterprise on November 2, 2015, with the intention of merging it with Innotrac.
The new company formed by this merger was named Radial and officially launched on April 19, 2016, with an initial valuation estimated to be over $1 billion.
Bpost
Belgian Post Group (bpost) expanded its e-commerce and fulfillment portfolio by acquiring Radial in October 2017 for $820 million.