---
title: "Windjammer Capital Announces Sale of IPS Group"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296900924.md"
description: "Windjammer Capital announced the sale of its portfolio company, IPS Group, to Nayax Ltd. for $350 million in a cash-free and debt-free transaction. IPS, a leading provider of smart parking infrastructure, was acquired by Windjammer in December 2020. The deal marks the exit of Windjammer from this investment after helping transform IPS into an integrated technology platform."
datetime: "2026-08-25T10:37:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296900924.md)
  - [en](https://longbridge.com/en/news/296900924.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296900924.md)
generator: "portal-rs"
---

# Windjammer Capital Announces Sale of IPS Group

In Newport Beach, California, Windjammer Capital (Windjammer) has officially agreed to sell its portfolio company, IPS Group, Inc. (IPS), headquartered in San Diego, to Nayax Ltd. for $350 million, excluding cash and debt. IPS is known for its smart parking infrastructure services and products, catering to single and multi-space meters. Nayax is listed on the NASDAQ and TASE exchanges as NYAX.

### 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)
- [NYAX: $350M acquisition expands global smart parking reach and accelerates growth in cashless payments](https://longbridge.com/en/news/296894183.md)
- [Nayax: Buy Rating Reiterated as IPS Acquisition Drives Accretive Growth, Recurring Revenue and Mobility Upside](https://longbridge.com/en/news/296934194.md)
- [Nayax agrees to buy IPS Group for USD 350 million in cash](https://longbridge.com/en/news/296892541.md)
- [Nayax Adds Smart-Parking Platform With $350 Million IPS Deal](https://longbridge.com/en/news/296925889.md)

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