AcquisitionAug 25, 2026Pending
🇺🇸 United States
IIPS Group, Inc.NNayax Ltd.
Technology › Hardware & Electronics
Enterprise value$350MEnterprise value
AnnouncedAug 25, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
Nayax Ltd. agreed to acquire IPS Group, Inc., a smart parking technology provider, from Windjammer Capital Investors for a total enterprise value of $350 million in cash, on a cash-free debt-free basis.
Deal rationale
The acquisition establishes Nayax as a leader in smart parking and expands its addressable cashless opportunity by combining IPS's parking platform with Nayax's payments infrastructure and global reach.
AI-generated from the SEC filingPendingTechnology › Hardware & ElectronicsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $350M | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
JJefferies
Sell-side
HWHarris Williams
Parties
Target
IIPS Group, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
NNayax Ltd.
- Headquarters
- Israel
- Ticker
- —
Seller
WCWindjammer Capital Investors
- Headquarters
- —
- Ticker
- —