M&A Deal Summary

Blackhawk Network Acquires GiftCards.com

On January 6, 2016, Blackhawk Network acquired e-commerce company GiftCards.com from Wolfe

Acquisition Highlights
  • This is Blackhawk Network’s 1st transaction in the E-Commerce sector.
  • This is Blackhawk Network’s 7th transaction in the United States.
  • This is Blackhawk Network’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2016-01-06
Target GiftCards.com
Sector E-Commerce
Buyer(s) Blackhawk Network
Sellers(s) Wolfe
Deal Type Divestiture
Advisor(s) Financial Technology Partners - FT Partners (Financial)

Target

GiftCards.com

Pittsburgh, Pennsylvania, United States
GiftCards.com is a retailer of gift card products including personalized gift cards, group gift cards, egift cards, and local gift cards redeemable at leading national, regional and local establishments across the country. GiftCards.com is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Blackhawk Network

Pleasanton, California, United States
Category Company
Founded 2001
Sector Information Technology
Employees2,331
Revenue 1.8B USD (2016)
DESCRIPTION

Blackhawk Network is a global financial technology company and is connecting brands and people through branded value solutions. Blackhawk platforms and solutions enable the management of stored value products, promotions and rewards programs in retail, ecommerce, financial services and mobile wallets. Blackhawk’s Hawk Commerce division offers technology solutions to businesses and direct to consumers. The Hawk Incentives division offers enterprise, SMB and reseller partners an array of platforms and branded value products to incent and reward consumers, employees and sales channels. Blackhawk Network was founded in 2001 and is based in Pleasanton, California.

DEAL STATS #
Overall 8 of 15
Sector (E-Commerce) 1 of 1
Type (Divestiture) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 7 of 13
Year (2016) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 OmniCard

Pittsburgh, Pennsylvania, United States

OmniCard LLC is a provider of incentive and reward prepaid products to corporate clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-03 NimbleCommerce

Santa Clara, California, United States

NimbleCommerce, Inc. is a cloud based commerce platform and distribution network for digital promotions.

Buy -

Seller(S) 1

SELLER

Wolfe

Pittsburgh, Pennsylvania, United States
Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Wolfe LLC is a provider of gift cards to corporate clients.

DEAL STATS #
Overall 2 of 2
Sector (E-Commerce) 1 of 1
Type (Divestiture) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 2 of 2
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 OmniCard

Pittsburgh, Pennsylvania, United States

OmniCard LLC is a provider of incentive and reward prepaid products to corporate clients.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-05 Give InKind

Tacoma, Washington, United States

Give InKind is a social giving platform for coordinating support when life is disrupted. From the birth of a baby to the loss of a family member, to medical crises, and disasters, friends and families need ways to give and receive help, from anywhere. It facilitates comprehensive support with its Care Calendar, Wishlist, and Donations on one easy-to-use page, empowering communities to support one another through life events that need more than just money. Give InKind was formed in 2016 and is based in Tacoma, Washington.

Buy -
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