Blackhawk Network announced the completion of its acquisition of Achievers Corp. in a press release today. Blackhawk Network CFO Jerry Ulrich commented, "The purchase price of $110 million equates to approximately two times Achievers' calendar 2014 adjusted operating revenues."

In an early morning announcement today, Blackhawk Network, a prepaid and payments network, announced that it has entered into a definitive agreement to acquire Achievers. Terms were not disclosed, but Blackhawk expects the deal to close by June 30. Because Blackhawk is a publicly traded company, SEC filings will be available at that time.

There’s a ton of money flowing into HR technology companies this year. Of course, there was the half-billion that Zenefits picked up. But there was also $92 million for Virgin Pulse, $70 million for Glassdoor, $65 million for Udemy, and $45 million for HireVue. We hear talk of even more transactions on this scale in the coming days and weeks.