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      Nayax Completes $350 Million Acquisition of IPS Group

      Nayax Ltd., a global commerce enablement and payments platform, has finalized its acquisition of IPS Group, Inc., a prominent provider of smart parking technology. The transaction, valued at $350 million, was conducted in cash and involved the purchase from Windjammer Capital Investors.

      This acquisition is expected to enhance Nayax's offerings in the smart parking sector, allowing the company to integrate IPS Group's payment-enabled technology into its existing services. Nayax aims to leverage this technology to better support merchants in scaling their businesses and improving customer experiences.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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