This article contains promotional content. (March 2019) |
Company type | Private |
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Nasdaq: HAWK | |
Industry | Branded Payments, Gift Cards, Prepaid, and Financial Services |
Headquarters | , United States |
Area served | Global |
Key people |
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Owner | Silver Lake Partners and P2 Capital Partners |
Number of employees | 3,190[1] |
Website | blackhawknetwork |
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]
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.