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IPS Group

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  1. 2026

    Nayax agrees to acquire IPS Group for $350 million

    Nayax Ltd. has agreed to acquire smart parking technology provider IPS Group Inc. for $350 million in cash, expanding its unattended commerce platform into parking and curb management. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and customary closing conditions, and will be funded with cash on hand and approximately $150 million in new committed debt.