---
title: "Nayax agrees to buy IPS Group for USD 350 million in cash"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296892541.md"
description: "Nayax has agreed to acquire smart parking technology provider IPS Group from Windjammer Capital for USD 350 million in cash. The deal values IPS at approximately 17x its 2026E adjusted EBITDA. Funding will come from existing cash and new debt, targeting a closing in Q4 2026, with current IPS management continuing to lead the business."
datetime: "2026-08-25T10:01:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296892541.md)
  - [en](https://longbridge.com/en/news/296892541.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296892541.md)
generator: "portal-rs"
---

# Nayax agrees to buy IPS Group for USD 350 million in cash

-   Nayax agreed to buy smart parking technology provider IPS Group from Windjammer Capital for USD 350 million in cash. \* Deal values IPS at about 17x 2026E adjusted EBITDA, or about 12x including run-rate synergies above USD 8 million. \* IPS expects FY 2026 revenue above USD 90 million, over 60% recurring, adjusted EBITDA about USD 21 million. \* Funding to include cash on hand, about USD 150 million of new committed debt; net leverage seen at about 3.8x at closing. \* Closing targeted for Q4 2026; IPS management expected to continue leading the business from San Diego. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nayax Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608250600PRIMZONEFULLFEED9815380) on August 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

### Related Stocks

- [NYAX.US](https://longbridge.com/en/quote/NYAX.US.md)

## Related News & Research

- [Nayax Enters Into Definitive Agreement To Acquire Ips Group, A Leading Smart Parking Technology Provider](https://longbridge.com/en/news/296908937.md)
- [Nayax Adds Smart-Parking Platform With $350 Million IPS Deal](https://longbridge.com/en/news/296925889.md)
- [Labcorp buys MLM Medical Labs](https://longbridge.com/en/news/298332531.md)
- [NYAX: $350M acquisition expands global smart parking reach and accelerates growth in cashless payments](https://longbridge.com/en/news/296894183.md)
- [HPS/PayMedix Named a 2026 Best and Brightest Company to Work For](https://longbridge.com/en/news/298358823.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**