Frank Poore, founder and CEO, of CommerceHub Speaks at BizLab

At the March BizLab-Clarkson Luncheon, Frank Poore spoke about his founding of the e-commerce software company, CommerceHub, in 1997 that has gown into one of the region’s fast growing public companies in this region. The company operates online sales and delivery systems for major retailers like Macy’s, Best Buy and Walmart.

Poore will make millions of dollars from the sale of his company to two private equity firms, GTCR and Sycamore Partners, in a $1.1B deal. The Company had $36.7 million in revenue during the 4th quarter of 2017. Its FAQ says that no management changes are expected as part of the sale and employees will get their 2017 bonuses that had been promised.

Poore grew up in Messina, NY and attended the University at Albany. You can listen to Poore’s speech on the BizLab web site.