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INTERNET | eCommerce / eCommerce enablement
tradeglobal.com

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Founded Year

2001

Stage

Asset Sale | AssetsPurchased

About TradeGlobal

TradeGlobal offers a full range of services, solutions and systems tailored to meet our clients' specific needs. The company partners with brands in the e-commerce community, absorbing the technical and logistical aspects of managing a business online.On December 12, 2019, TradeGlobal was acquired by Visible Supply Chain. The terms of the transaction were not disclosed.

TradeGlobal Headquarter Location

5389 East Provident Drive

Cincinnati, Ohio, 45246,

United States

888-345-5835

Latest TradeGlobal News

TradeGlobal Prevails Despite Bleak Bankruptcy Scenario

Oct 14, 2020

By The fulfillment company’s recovery plan preserving hundreds of jobs was directed by Force 10 Partners NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Ohio-based TradeGlobal LLC was expected to close its doors following its voluntary chapter 11 bankruptcy last year. Instead it has opened them wider than ever, with the company emerging under new ownership. Force 10 Partners , a premier operational and financial restructuring consulting firm, led the TradeGlobal LLC restructuring. “The Force 10 team pulled off an impressive recovery against incredible odds,” said Michael Mercier, the former CEO of TradeGlobal. “Without them, we could have lost so much. I can’t thank them enough.” TradeGlobal’s Ohio fulfillment center and its technology platform for managing international transactions were sold in an accelerated process led by Force 10 Partners , with the advisory firm’s Jeremy Rosenthal serving as TradeGlobal’s chief restructuring officer and Nicholas Rubin leading the firm’s financial advisory services. Mr. Rosenthal and Mr. Rubin then guided the company through the sale and to a confirmed plan that implemented an intricate settlement with TradeGlobal’s international parent, its sister-company Jagged Peak, Inc., the Unsecured Creditors Committee and the estates’ largest creditor. When TradeGlobal, which specializes in online retail services, entered bankruptcy last year, media anticipated a closure that would cost the area more than 350 jobs . “We saw incredible value worth preserving in TradeGlobal. TradeGlobal provided essential fulfillment services for a number of major brands and stable good-paying jobs to the community,” said Rosenthal , a principal at Force 10 Partners. “We focused on preserving TradeGlobal’s impressive operations, client base and cutting edge technology platform while we pursued a sale. At the end of the case we anticipate making significant distributions to creditors—all in a case some thought was headed into a chapter 7 liquidation.” Under Force 10’s guidance, TradeGlobal’s business was sold for $9.4 million following a 10-round auction that improved the purchase price by approximately $3.6 million. Force Ten Partners, LLC , is an advisory firm with deep domain knowledge in financial and operational corporate restructuring, valuation, forensic accounting, and complex litigation support. Force 10 serves middle-market companies as well as their creditors, stakeholders, and professionals by providing turnaround-management services (CRO), financial advisory services, expert witness support, and investment banking and M&A advisory services. Contacts

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Expert Collections containing TradeGlobal

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TradeGlobal is included in 3 Expert Collections, including E-Commerce.

E

E-Commerce

9,049 items

S

Supply Chain & Logistics Tech

3,011 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

F

Fintech

7,256 items

US-based companies

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