Blackhawk Network acquires Grass Roots for $118m

Prepaid payments network Blackhawk Network scored big yesterday. The California-based company has agreed to acquire Grass Roots, an employee and customer engagement solutions company, for $118m. This is the company’s eighth acquisition and is expected to help Blackhawk broaden the incentives and engagement business it launched in 2014 called Blackhawk Engagement Solutions (BES). Read more: finovate.com