Blackhawk Network to Acquire Tango Card

January 31, 2024

Blackhawk Network (BHN) has entered into a definitive agreement to acquire digital B2B gift card and rewards platform Tango Card to enhance BHN’s global rewards and incentives capabilities. The deal, which builds on BHN’s prior investment relationship with Tango and Tango’s 800% growth since FTV Capital’s 2018 investment, is subject to regulatory approvals related to money transmitter licenses and is expected to close later in the year.

Buyers
Blackhawk Network
Targets
Tango Card
Platforms
Blackhawk Network
Industry
Cloud & SaaS
Location
Washington, United States
Transaction Type
Addon

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