Blackhawk Network Holdings
US privately held company / From Wikipedia, the free encyclopedia
Blackhawk Network Holdings Inc. is an American privately held company that operates in the prepaid, gift card and payments industries. It sells branded physical and digital gifts, phones, prepaid debit, and incentives cards online and through a network of global retailers.[2] Blackhawk's network reaches people through a number of different channels including in-store, online, mobile, and incentive. Blackhawk headquarters are in Pleasanton, California and the company was incorporated in 2006.[3]
This article contains content that is written like an advertisement. (March 2019) |
Company type | Private |
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Industry | Branded Payments, Gift Cards, Prepaid, and Financial Services |
Headquarters | , |
Area served | Global |
Key people | William Y. Tauscher (Executive Chairman) Talbott Roche (CEO and President) David McLaughlin (CFO) Nikhil Sathe (CTO) |
Owner | Silver Lake Partners and P2 Capital Partners |
Number of employees | 3,190[1] |
Website | BlackhawkNetwork.com |
The company originated selling gift cards through Safeway stores in 2001 and then expanded to other partners in the United States. The Nordstrom gift card was one of the first items launched by the group. The company grew over the following years by expanding content, channels and markets through organic growth and acquisition. This included the acquisition of the German startup Retailo and the purchase of Parago Inc. for $290 million. In 2013, the company filed for a $200 million IPO on NASDAQ. In 2014, Safeway divested the rest of its Blackhawk Network shares to make Blackhawk a fully independent company.[4] In 2023, Safeway's final service contract was officially terminated with Blackhawk.