Industry E-commerce Website radial.com Founded 2016 Type of business Privately held company | Owner Sterling Partners Headquarters King of Prussia Number of employees 7,000 | |
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Predecessor eBay Enterprise, Inc.
Innotrac Corporation Key people Dan Brutto (Chairman)
Tobias Hartmann (President) | ||
Radial, Inc. is a multinational e-commerce company based in King of Prussia, Pennsylvania. 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.
Contents
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.
Merger
Sterling Partners, a private equity firm, acquired Innotrac on January 6, 2014, for $8.20 per share. The buyout totaled $108 million. Innotrac provided customer support and fulfillment services to retailers, software providers, and telecommunications companies.
On November 2, 2015, Sterling Partners acquired eBay Enterprise's operations and enterprise technology services, division. Sterling Partners planned to merge Innotrac and the group from eBay Enterprise.
The combined company, Radial, was announced on April 19, 2016. Sterling Partners estimated Radial's initial value at more than $1 billion.