
Nayax Ltd., an Israeli fintech company established in 2005, operates a global payment and operational platform, providing comprehensive solutions primarily for unattended and automated points of sale. The company’s diverse product lineup includes various advanced payment terminals and telemetry devices. Key offerings range from the versatile VPOS TOUCH, which facilitates both contactless and traditional contact payments, and the cashless VPOS FUSION card reader, to the ONYX device, integrating contactless payment capabilities with telemetry. For smart POS applications, Nayax offers its NOVA…

Nayax NASDAQ: NYAX said it has entered into a definitive agreement to acquire parking technology company IPS Group in a transaction valued at $350 million on a cash-free, debt-free basis, as the payments company seeks to expand its presence in mobility and municipal markets.

Nayax Ltd. (NYAX) M&A Call Transcript

NEWPORT BEACH, Calif. & WALTHAM, Mass.--(BUSINESS WIRE)--Windjammer Capital (“Windjammer”) today announced it has signed a definitive agreement to sell its portfolio company, IPS Group, Inc. (“IPS” or the “Company”), to Nayax Ltd. (NASDAQ; TASE: NYAX, “Nayax”) for $350 million cash-free and debt-free. Headquartered in San Diego, California, IPS is a leading provider of mission critical smart parking infrastructure, offering a fully integrated ecosystem spanning smart single- and multi-space met.

Acquisition establishes Nayax as a leader in smart parking, expanding its addressable cashless opportunity by approximately $85 billion Acquisition establishes Nayax as a leader in smart parking, expanding its addressable cashless opportunity by approximately $85 billion

Nayax Ltd. (NYAX) Q2 2026 Earnings Call Transcript