Nayax Enters into Definitive Agreement to Acquire IPS

Nayax has agreed to acquire IPS Group, a smart parking technology provider, for $350 million in an all-cash transaction. This acquisition expands Nayax’s unattended commerce capabilities by integrating IPS’s parking hardware and software with Nayax’s global payments infrastructure, targeting accelerated growth in smart parking and curb management across new international markets, including Continental Europe.

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