Radial, Inc. is an American multinational

e-commerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain mana ...

company based in

King of Prussia, Pennsylvania King of Prussia (also referred to as KOP) is a census-designated place in Upper Merion Township in Montgomery County, Pennsylvania, United States. As of the 2020 census, its population was 22,028. The community took its unusual name in the 18th c ...

. It provides order management, payment processing, order routing, fulfillment, and analytics services for companies such as

GameStop GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas (a suburb of Dallas), and is the largest video game retailer worldwide. , the company operates 4,5 ...

, DSW, Shoe Carnival and Destination XL.

History

Radial was formed from the merger of Innotrac Corporation and the enterprise services unit of

eBay Enterprise eBay Enterprise, Inc. (formerly GSI Commerce, Inc.) was a multinational e-commerce corporation that specialized in creating, developing and running online shopping sites for brick and mortar brands and retailers. The company also provided a var ...

Merger

Sterling Partners, a

private equity firm A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including le ...

, 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.

Bpost

In October 2017, the Belgian Post Group, also known as

bpost Bpost (stylised ''bpost'') also known as the Belgian Post Group, is the Belgian company responsible for the delivery of national and international mail. The Belgian Post Group is one of the largest civilian employers in Belgium. It provides a ...

, acquired Radial for $820 million.

References

Companies based in Montgomery County, Pennsylvania Online companies of the United States Privately held companies based in Pennsylvania American companies established in 2016 2016 establishments in Pennsylvania 2016 mergers and acquisitions 2017 mergers and acquisitions American subsidiaries of foreign companies {{US-internet-company-stub