Nayax Enters into Definitive Agreement to Acquire IPS Group, a Leading Smart Parking Technology Provider

HERZLIYA, Israel, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments and loyalty platform, today announced a definitive agreement to acquire IPS Group, Inc. (“IPS”) from Windjammer Capital Investors in an all-cash transaction for a total consideration of $350 million.

Together, Nayax and IPS will bring together complementary capabilities in unattended commerce, pairing Nayax’s payments infrastructure and global distribution network with IPS’s purpose-built smart parking hardware and software. IPS’s two decades of field-proven technology and established base of more than 250,000 parking spaces, combined with Nayax’s reach across more than 120 countries, will accelerate IPS’s expansion into new markets, starting with Continental Europe, while giving Nayax’s existing customers access to a leading parking and curb management solution. The combination offers cross-sell opportunities and expands Nayax’s addressable cashless opportunity. It is the same playbook of land and expand Nayax has used in previous acquisitions: acquire a trusted solution provider in a vertical, then seamlessly integrate with Nayax’s own payments infrastructure to better serve our customers.