.
MergerLinks Header Logo

Announced

Completed

Blackhawk Network completed the acquisition of NGC from LaSalle Capital.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

United States

Management Consulting

Private

Acquisition

Domestic

Completed

management consulting services

Single Bidder

Majority

Friendly

Synopsis

Edit

Blackhawk Network, a provider of prepaid and financial payments products for consumers and businesses, competed the acquisition of NGC, a company providing management consulting services, from LaSalle Capital, a private equity firm. Financial terms were not disclosed. "Blackhawk has long been a leader in the gift card and incentives industry and has been a long-standing partner of NGC. Together, we drove almost $3bn in gift cards and prepaid products for loyalty, rewards, and employee recognition programs in 2019 alone. Now, as an official part of the Blackhawk team, we can expand upon the continued growth of NGC, Blackhawk and the prepaid industry overall and are excited to drive further value for both NGC's and Blackhawk's clients," Adam Van Witzenburg, NGC CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US