Nayax Completes Acquisition of IPS Group

Nayax Ltd. has completed its all-cash acquisition of IPS Group, Inc. for $350 million, establishing itself as a leader in smart parking technology. The deal combines Nayax's global payments infrastructure with IPS's market-leading platform serving over 250,000 parking spaces across North America and Europe, expanding Nayax's addressable market by approximately $85 billion.