Blackhawk Network https://blackhawknetwork.com Optimizing Commerce And Engagement Through Branded Payment Solutions Fri, 22 Jun 2018 19:27:59 +0000 en-US hourly 1 Acquisition of Blackhawk by Silver Lake and P2 Capital Partners Complete https://blackhawknetwork.com/acquisition-of-blackhawk-by-silver-lake-and-p2-capital-partners-complete/ Fri, 15 Jun 2018 13:37:59 +0000 https://blackhawknetwork.com/?p=10750 Pleasanton, Calif. – June 15, 2018 – Blackhawk Network Holdings, Inc. (“Blackhawk”), a global financial technology company and a leader in prepaid gift, reward and incentive technologies and solutions, Silver Lake, the global leader in technology investing, and P2 Capital Partners, a New York-based investment firm, today announced the successful completion of the acquisition of […]

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Pleasanton, Calif. – June 15, 2018 – Blackhawk Network Holdings, Inc. (“Blackhawk”), a global financial technology company and a leader in prepaid gift, reward and incentive technologies and solutions, Silver Lake, the global leader in technology investing, and P2 Capital Partners, a New York-based investment firm, today announced the successful completion of the acquisition of Blackhawk by Silver Lake and P2 Capital Partners. The acquisition was previously announced on January 16, 2018, and the transaction closed and became effective today.

Under the terms of the transaction, Blackhawk stockholders are entitled to receive $45.25 per share in cash. As a result of the completion of the acquisition, Blackhawk’s common stock will cease trading as of today on the NASDAQ Stock Market.

About Blackhawk Network Holdings, Inc.
Blackhawk Network Holdings, Inc. is a global financial technology company and a leader in connecting brands and people through branded value solutions. Blackhawk platforms and solutions enable the management of stored value products, promotions and incentive 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. Headquartered in Pleasanton, Calif., Blackhawk operates in the United States and 25 other countries. For more information, please visit blackhawknetwork.com, hawkcommerce.com, hawkincentives.com or our product websites GiftCards.com, giftcardmall.com, Cardpool.com, GiftCardLab.com and OmniCard.com.

About Silver Lake
Silver Lake is the global leader in technology investing, with about $39 billion in combined assets under management and committed capital and a team of approximately 100 investment and value creation professionals located in Silicon Valley, New York, London, Hong Kong and Tokyo. Silver Lake’s portfolio of investments collectively generates more than $160 billion of revenue annually and employs more than 320,000 people globally. The firm’s current portfolio includes leading technology and technology-enabled businesses such as Alibaba Group, Ancestry, Broadcom Limited, Cast & Crew, Ctrip, Dell Technologies, Endeavor, Fanatics, Global Blue, GoDaddy, Motorola Solutions, Red Ventures, Sabre, SoFi, SolarWinds, Symantec, Unity, Weld North Education and WP Engine. For more information about Silver Lake and its entire portfolio, please visit www.silverlake.com.

About P2 Capital Partners
P2 Capital Partners is a New York-based investment firm that applies a private equity approach to investing in the public market. P2 Capital Partners manages a concentrated portfolio of significant ownership stakes in high quality public companies in which it is an active shareholder focused on creating long-term value in partnership with management. The firm will also lead private equity transactions within its public portfolio. P2 Capital Partners’ limited partners include leading public pension funds, corporate pension funds, endowments, foundations, insurance companies, and high net worth investors.

Contacts

Blackhawk Network Holdings, Inc.:

Investors
Patrick Cronin
Patrick.Cronin@bhnetwork.com
+1-925-226-9939

Media
Daphne Borromeo
Daphne.Borromeo@bhnetwork.com
+1-925-738-4685

Silver Lake and P2 Capital Partners:

Media
Patricia Graue / Alice Gibb
silverlake@brunswickgroup.com
+1-212-333-3810

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Blackhawk Executive Named Among “Top Women in Grocery” https://blackhawknetwork.com/blackhawk-executive-named-among-top-women-in-grocery/ Thu, 14 Jun 2018 19:00:50 +0000 https://blackhawknetwork.com/?p=10745 Blackhawk Network VP of Marketing, Suzanne Arnott, was recently chosen as one of Progressive Grocer’s “Top Women in Grocery.” Progressive Grocer honors more than 300 accomplished women each year who are revolutionizing the grocery industry. The award is bestowed on women working in a variety of roles, from executives to store managers, each of whom […]

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Blackhawk Network VP of Marketing, Suzanne Arnott, was recently chosen as one of Progressive Grocer’s “Top Women in Grocery.”

Progressive Grocer honors more than 300 accomplished women each year who are revolutionizing the grocery industry. The award is bestowed on women working in a variety of roles, from executives to store managers, each of whom is a key player in propelling the industry forward, generating positive customer-centric experiences and cultivating constructive work environments.

In her feature in Progressive Grocer’s cover story, Arnott is credited with helping secure Blackhawk’s contract renewal with long-time partner The Kroger Co. The feature also highlights her volunteer work with the St. Baldrick’s Foundation and Open Heart Kitchen.

Read Arnott’s profile in Progressive Grocer.

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Hawk Incentives Research Uncovers Millennials’ Enthusiasm for Loyalty Programs https://blackhawknetwork.com/hawk-incentives-research-uncovers-millennials-enthusiasm-for-loyalty-programs/ Mon, 11 Jun 2018 14:40:36 +0000 https://blackhawknetwork.com/?p=10732 New Hawk Incentives research, which focused on consumer preferences for loyalty programs, found that the millennials surveyed embrace loyalty programs at high rates and appear to be driving consumer preference for prepaid and gift card rewards in loyalty programs. The research findings were based on a survey of more than 1,500 American adults, including 645 […]

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New Hawk Incentives research, which focused on consumer preferences for loyalty programs, found that the millennials surveyed embrace loyalty programs at high rates and appear to be driving consumer preference for prepaid and gift card rewards in loyalty programs.

The research findings were based on a survey of more than 1,500 American adults, including 645 millennials, on their preference and attitudes toward loyalty programs across a range of categories.

Among the findings:

  • Millennials reported being active in an average of 4.2 of the 6.5 programs they belong to.
  • Fifty-five percent of millennials report some kind of reward card would keep them most engaged, versus 47 percent of baby boomer respondents.
  • While 56 percent of millennial respondents say it doesn’t matter if they receive a digital or physical reward, 65 percent prefer digital.

Download Hawk Incentives’ infographic, “Long Live the Loyalty Program,” here.

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Twelfth Annual Hawk Awards Presented by Blackhawk Network Recognizes Payments Industry Leaders https://blackhawknetwork.com/twelfth-annual-hawk-awards-presented-by-blackhawk-network-recognizes-payments-industry-leaders/ Thu, 31 May 2018 15:29:10 +0000 https://blackhawknetwork.com/?p=10716 Winners Announced at Blackhawk Network Summit in Colorado Springs, Colorado PLEASANTON, Calif. – May 31, 2018 – Blackhawk Network, Inc., a global financial technology company, has announced the winners of its 12th annual Hawk Awards, which recognize the U.S. payments industry’s most innovative leaders. “For more than a decade, the Hawk Awards have given Blackhawk the opportunity […]

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Winners Announced at Blackhawk Network Summit in Colorado Springs, Colorado

PLEASANTON, Calif. – May 31, 2018 – Blackhawk Network, Inc., a global financial technology company, has announced the winners of its 12th annual Hawk Awards, which recognize the U.S. payments industry’s most innovative leaders.

“For more than a decade, the Hawk Awards have given Blackhawk the opportunity to highlight the innovative work of our partners and programs,” said Talbott Roche, chief executive officer and president of Blackhawk Network. “As the best in the industry, our partners continue to set the standard for excellence each year and we are honored to once again celebrate the impressive achievements of the Hawk Award winners and finalists.”

Category winners were named during Blackhawk’s 2018 Summit at the Hawk Awards Gala on April 25, 2018 in Colorado Springs, Colo. For the first time, Blackhawk Summit attendees were invited to cast their votes for several categories on-site via the event app. The following organizations were among those recognized:

Industry Achievement: Recognizes a company or individual making the greatest contribution to the advancement of the industry.

  • Sephora: Honored for its innovation, collaboration and leadership in driving partnerships that create a personalized gifting experience for its clients. By continually seeking what is new, exciting and fun, Sephora has leveraged strategic marketing efforts to drive additional in-store and online traffic.

Most Impactful Marketing Program: Recognizes the retailer, content partner and CashStar customer that developed and executed a marketing program or promotion that met or exceeded its business objectives.

  • Albertsons: Honored in the retailer category for its digital just for U® program. This highly-flexible platform promotes innovation in testing new marketing strategies, and drove sales and consumer engagement of gift cards.
  • Amazon: Honored in the content partner category for the Amazon Box Shipper. The unique packaging features an Amazon gift card in a signature Amazon mini shipping box and was a consumer favorite during the 2017 holiday season.
  • Dunkin’ Donuts: Honored in the CashStar customer category for its partnership with T-Mobile Tuesdays, a promotion that thanks T-Mobile customers with free offers and a chance to win prizes. On every Tuesday for a five-week span, app users could choose to receive an egift card from Dunkin’ Donuts. The partnership drove a significant amount of DD Card redemptions, as well as omni-channel impressions for both brands.

Best Gift Card Design: Recognizes the most creative, innovative and impactful physical or egift design within the industry.

  • Delta Air Lines: Honored for its The Gift of Go™ card featuring iconic images from five well-known travel destinations around the world. The airline’s focus on sustainability also means the card was produced from 100 percent eco-friendly paper.

Most Collaborative: Recognizing a company and/or vendor who pushed boundaries and seized opportunities to implement new product in the industry.

  • Regal, AMC Theatres, Fandango and The Kroger Company: Honored for their partnershipon a “destination shipper” highlighting six months of blockbuster movie releases, with two new movies featured every month. The dynamic packaging drove customer engagement and sales.

Best Use of Reward Innovation: Recognizes the Hawk Incentives partner implementing the best use of reward innovation in a rewards-based incentive program.

  • Sprint: Honored for its early adoption of Hawk Incentives’ new single-use, open-loop Mastercard Prepaid Card that can be added to a mobile wallet. This exciting new product can increase the speed of reward delivery, promote smart phone/digital wallet adoption within the Sprint customer base and increase customer satisfaction.

Best Use of Rewards in a Consumer Promotion: Recognizes the Hawk Incentives partner implementing the best use of a rewards-based program to drive customer activation or acquisition.

  • Discount Tire: Honored for its rebate payment timeline, which is one of the fastest in the country. Through Discount Tires’ partnership with Hawk Incentives, customers’ rebate submissions are validated in real time.

Best Customer Engagement Initiative: Recognizing CashStar clients who transform customer experiences with branded value and gift cards, creating engaging interactions and meaningful outcomes for their customers.

  • Ulta Beauty: Honored for being among the first of CashStar’s clients to leverage On Demand Activation in a marketing promotion. By targeting select customer segments while promoting gift card activation during key gifting seasons, Ulta Beauty experienced impressive sales, higher load values and incremental purchases.

First Party Innovation Award:Recognizing CashStar clients that embrace innovative strategies, new technologies or first-to-market solutions.

  • Uber: Honored for leading the way among CashStar’s clients, Uber was first to market with the enhanced CashStar Consumer experience for both desktop and mobile app, as well as one of the first brands to engage Velocity B2B to grow its gift card program.

About Blackhawk Network
Blackhawk Network Holdings, Inc. (NASDAQ: HAWK) is a global financial technology company and a leader in connecting brands and people through branded value solutions. Blackhawk platforms and solutions enable the management of stored value products, promotions and incentive 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. Headquartered in Pleasanton, Calif., Blackhawk operates in 26 countries. For more information, please visit blackhawknetwork.com, hawkcommerce.com, hawkincentives.com or our product websites GiftCards.com, giftcardmall.com, Cardpool.com, GiftCardLab.com and OmniCard.com.

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Blackhawk Executive Named to Most Influential Women in Bay Area Business List https://blackhawknetwork.com/blackhawk-executive-named-to-most-influential-women-in-bay-area-business-list/ Tue, 29 May 2018 18:03:54 +0000 https://blackhawknetwork.com/?p=10713 Blackhawk Network Vice President, Corporate Controller and Chief Accounting Officer, Joan Lockie, was recently honored by San Francisco Business Times as one of the Most Influential Women in Bay Area Business for 2018. The list celebrates 130 female business leaders who excel in a spectrum of industries such as tech, finance, healthcare and more. These […]

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Blackhawk Network Vice President, Corporate Controller and Chief Accounting Officer, Joan Lockie, was recently honored by San Francisco Business Times as one of the Most Influential Women in Bay Area Business for 2018.

The list celebrates 130 female business leaders who excel in a spectrum of industries such as tech, finance, healthcare and more. These women are also considered outstanding members of their communities.

In the article, Lockie credits fellow Blackhawk Network leadership members Talbott Roche, Suzanne Kinner, Amie Miller and Kirsten Richesson as her inspiration.

Read Joan’s interview in the Most Influential Women in Bay Area Business 2018 now.

 

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Hawk Incentives Expert Reveals How Rewards Can Boost Wellness Program Performance https://blackhawknetwork.com/hawk-incentives-expert-reveals-how-rewards-can-boost-wellness-program-performance/ Mon, 21 May 2018 15:00:52 +0000 https://blackhawknetwork.com/?p=10676 Business and management publication Strategic HR Review recently published an article by Hawk Incentives VP of Sales, Jason Mauser. In the article titled, “How to effectively use ‘carrots’ in your wellness program,” Mauser shared insights about how to improve participation and engagement in company wellness programs using rewards. Mauser described how companies must reward early […]

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Jason MauserBusiness and management publication Strategic HR Review recently published an article by Hawk Incentives VP of Sales, Jason Mauser. In the article titled, “How to effectively use ‘carrots’ in your wellness program,” Mauser shared insights about how to improve participation and engagement in company wellness programs using rewards.

Mauser described how companies must reward early and often, provide desirable rewards, and tailor rewards to different types of employee participation.

To read the full article, click here.

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Blackhawk Network Executive Authors COLLOQUY Article https://blackhawknetwork.com/blackhawk-network-executive-authors-colloquy-article/ Tue, 15 May 2018 15:00:00 +0000 https://blackhawknetwork.com/?p=10669 Leading loyalty publication COLLOQUY recently published an article penned by Blackhawk Network General Manager of Digital & Incentive Divisions, David Jones. In the article titled, “3 Ways Psychographics Will Shake Up Your Incentive Program,” Jones shared his thoughts about which customer data are most relevant in the digital age, and how to use modern data […]

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Leading loyalty publication COLLOQUY recently published an article penned by Blackhawk Network General Manager of Digital & Incentive Divisions, David Jones. In the article titled, “3 Ways Psychographics Will Shake Up Your Incentive Program,” Jones shared his thoughts about which customer data are most relevant in the digital age, and how to use modern data to create more positive customer experiences.

Jones described how an effective incentive program can move beyond demographic data and instead use psychographic information to offer more relevant rewards delivered in a way that aligns with consumer preferences.

To read the full article, click here.

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Team Spafinder Combines Fun and Fitness at Mercedes-Benz Corporate Run https://blackhawknetwork.com/team-spafinder-combines-fun-and-fitness-at-mercedes-benz-corporate-run/ Fri, 11 May 2018 15:00:24 +0000 https://blackhawknetwork.com/?p=10664 On April 26, our team members at Spafinder laced up their running shoes for the 2018 Miami Mercedes-Benz Corporate Run. An institution in South Florida, it is one of the largest 5K races in the nation and draws in runners who are hooked on the benefits of running and keeping fit. Six employees from Spafinder […]

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On April 26, our team members at Spafinder laced up their running shoes for the 2018 Miami Mercedes-Benz Corporate Run. An institution in South Florida, it is one of the largest 5K races in the nation and draws in runners who are hooked on the benefits of running and keeping fit.

Six employees from Spafinder ran the 5k, while another 11 manned the Spafinder tent, where the team handed out 1,000 Spafinder gift bags and invited attendees to participate in a contest giveaway for a $250 Spafinder gift card.

All in all, the team had a fabulous time and are a great example of having fun while staying fit! Big thanks to all of our employee volunteers and high-fives to our runners!

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New Hawk Incentives Research Finds Rebate Innovations Can Positively Impact Consumer Preferences https://blackhawknetwork.com/new-hawk-incentives-research-finds-rebate-innovations-can-positively-impact-consumer-preferences/ Wed, 09 May 2018 18:12:18 +0000 https://blackhawknetwork.com/?p=10661 According to new research commissioned by Hawk Incentives, an increasing number of shoppers are finding deeper value in rebates over other promotions. The findings were based on a survey of more than 1,500 American adults on their preference and attitudes toward consumer incentives across a range of categories, including auto aftermarket, home building and remodeling, […]

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According to new research commissioned by Hawk Incentives, an increasing number of shoppers are finding deeper value in rebates over other promotions.

The findings were based on a survey of more than 1,500 American adults on their preference and attitudes toward consumer incentives across a range of categories, including auto aftermarket, home building and remodeling, personal care products and utility providers.

Some key findings include:

  • Eighty-four percent of surveyed consumers think rebates are a great savings opportunity, up from 79 percent in a similar 2017 survey.
  • When asked to choose an incentive they would prefer over all others, more than half of those surveyed opted for a physical or digital rebate in six of the 11 categories tested.
  • Fifty-five percent of surveyed consumers are actively searching out products with rebates, a 20 percent increase over 2017.

Download the free “Rebate Evolution” infographic.

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Insights from CashStar Featured in PaymentsJournal Podcast https://blackhawknetwork.com/insights-from-cashstar-featured-in-payments-journal-podcast/ Wed, 18 Apr 2018 02:03:51 +0000 https://blackhawknetwork.com/?p=10640 Leading payments and banking news outlet PaymentsJournal recently featured insights from CashStar, a Blackhawk Network business, in its brand-new podcast series. In the segment titled, “Podcast: The Customer Journey with Gift Cards,” Blackhawk Vice President of Product, Merchant Commerce Solutions, Gerry Gilbert, discussed current trends in ecommerce customer experience. The segment also included conversation about […]

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Leading payments and banking news outlet PaymentsJournal recently featured insights from CashStar, a Blackhawk Network business, in its brand-new podcast series. In the segment titled, “Podcast: The Customer Journey with Gift Cards,” Blackhawk Vice President of Product, Merchant Commerce Solutions, Gerry Gilbert, discussed current trends in ecommerce customer experience.

The segment also included conversation about the customer journey, payment trends and contextual commerce.

Click here to listen to the audio. The podcast is also available on iTunes.

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