Financial Technology Partners - The Only Investment Bank Focused Exclusively on Financial Technology

FT Partners Advises on its $120,000,000 Sale to Blackhawk Network

Overview of Transaction

  • On January 6, 2016, Omni Prepaid, LLC ("Omni", "", or the "Company") announced it has entered into a definitive agreement to be acquired by Blackhawk Network for $120mm
  • Headquartered in Pittsburgh, PA, Omni, which owns and is commonly referred to by its consumer-facing domain, is a leading online provider of customizable, digital and physical gift card solutions for consumers and businesses of all sizes
  • Blackhawk Network is a leading, multi-channel provider of prepaid gift, telecom and debit cards, and related prepaid products and payment services

Significance of Transaction

  • Represents a highly attractive outcome for both Blackhawk Network and
  •'s online leadership and expertise position Blackhawk Network to fully capitalize on the growing shift in preferences toward purchasing prepaid products on the web and via mobile devices
  • By merging Blackhawk's current e-commerce offerings and's distinctive assets, Blackhawk will be able to deliver the broadest selection of gift cards to current and future customers

FT Partners' Role

  • FT Partners served as exclusive strategic and financial advisor to
  • Transaction highlights FT Partners' continued success advising leading companies and generating highly successful outcomes in the Payments space