Nayax Ltd (NYAX)

Nayax (NASDAQ: NYAX) announced its agreement to acquire IPS Group, a parking technology company, for $350 million. The acquisition, expected to close in Q4, aims to expand Nayax's presence in the mobility and municipal markets, leveraging IPS Group's 550+ customers and 250,000 managed parking spaces. Nayax anticipates significant synergies from payment processing, international expansion, and cross-selling EV charging solutions, ultimately expanding its total addressable market to $342 billion.

Nayax Ltd. plans to acquire IPS Group Inc. for $350 million, significantly expanding its presence into the smart parking and curb management market. This acquisition will integrate IPS's parking technology, including meters and payment solutions, with Nayax's existing payments infrastructure and global distribution. The deal aims to increase Nayax's addressable cashless opportunity and facilitate international expansion for IPS, while also creating opportunities for combining parking with EV charging services.

Nayax Ltd. announced it will acquire smart parking technology provider IPS Group Inc. for $350 million in cash. This acquisition, expected to close in Q4 2026, will significantly expand Nayax's addressable market by $85 billion, bringing it to $342 billion by 2029. Nayax plans to finance the deal with $200 million from cash reserves and $150 million in new debt, anticipating annual EBITDA synergies exceeding $8 million by 2029.

Nayax Ltd. has entered into a definitive agreement to acquire IPS Group, Inc. from Windjammer Capital Investors LLC for $350 million in an all-cash transaction. The acquisition is valued at approximately 17x 2026E Adjusted EBITDA, or 12x with run-rate synergies, and will be funded by cash on hand and $150 million in new debt. The deal is expected to close in Q4 2026, subject to regulatory approvals, and is anticipated to be immediately accretive to Nayax's gross margin, Adjusted EBITDA margin, Adjusted EPS, and Free Cash Flow conversion.

Nayax Ltd. (NYAX) has acquired IPS for $350 million, a move expected to accelerate its expansion into the mobility and parking sector. This acquisition is anticipated to bring strong synergies in payment integration and international reach, thereby boosting margins and EBITDA and supporting the company's long-term growth. The information is based on Nayax Ltd.'s M&A announcement audio transcript from August 25, 2026.