How many acquisitions has Blackhawk Network made so far?

Blackhawk Network has completed 19 acquisitions so far, with an average acquisition amount of $132M.

Which countries does Blackhawk Network usually acquire in?

Blackhawk Network has made acquisitions in 6 countries with the most activity in United States and Australia.

Which is Blackhawk Network's latest acquisition?

Blackhawk Network's most recent acquisition is Tango Card, a Digital gift card reward program, acquired in January 2024.

Which sectors does Blackhawk Network target for acquisitions?

Most of Blackhawk Network's acquisitions are in Online Gifting (8) and Loyalty Software (6).

In which year did Blackhawk Network make the most acquisitions?

Blackhawk Network was most active in 2016, with 6 acquisitions completed in that year.

List of 19 Acquisitions by Blackhawk Network (Apr 2026)

Blackhawk Network has completed a total of 19 acquisitions. Peak acquisition activity occurred in 2016 with 6 acquisitions, and in 2020 and 2015, each with 2. These acquisitions have spanned across 6 countries, including the United States (14), Australia (1), and the United Kingdom (1), and 11 sectors. Key sectors for these acquisitions include Online Gifting (8), Loyalty Software (6), and Payments (5). Over the last five years (2020–2025), the average number of acquisitions per year has been 0.4, with no acquisitions completed in the current calendar year. The most recent acquisition was Tango Card, a digital gift card reward program founded in 2009 and based in Seattle, completed in January 2024.

Here's the year on year acquisition history of Blackhawk Network:

Number of Total Acquisitions

Year	# Acquisitions
2024	1
2021	1
2020	2
2019	1
2017	1
2016	6
2015	2
2014	2
2013	2
2011	1

View all Acquisitions by Blackhawk Network

Recent acquisitions by Blackhawk Network

Blackhawk Network's most recent acquisition - Tango Card is a Digital gift card reward program, founded in 2009 and located in Seattle. Blackhawk Network acquired it in January 2024.

Here is the list of all acquisitions by Blackhawk Network sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jan 31, 2024	Tango Card	Undisclosed	Pillsbury	75	413
Aug 19, 2021	Rybbon	Undisclosed	TechStrat	95	310
Nov 06, 2020	National Gift Card Corp	Undisclosed	Lincoln International	70	735
Apr 03, 2020	SVM	Undisclosed	Piper Sandler	35	246
Aug 29, 2019	Edge	$32.3M	-	31	669