DEAL ANNOUNCEMENT: TECHSTRAT CLIENT RYBBON ACQUIRED BY BLACKHAWK NETWORK

Blackhawk Networks has acquired Rybbon. TechStrat acted as the exclusive M&A advisor to Rybbon. Rybbon develops a SaaS-based platform that integrates digital rewards into workflows. Blackhawk Networks is a payments and incentives market leader, issuing over $5 billion in rewards annually through its suite of platforms, and its 8,000+ customers. Combining Rybbon and Blackhawk Networks will result in accelerated innovation, integrations and capabilities for customers of both firms, and positions the combined entity as the best-in-class rewards management platform.