Windjammer Exits IPS Group in $350 Million Sale to Nayax
Nayax has agreed to acquire IPS Group, a portfolio company of Windjammer Capital and a manufacturer of parking meters and the software municipalities use to price, police and account for curb parking, at an enterprise value of $350 million. Windjammer acquired IPS from its…
Nayax has agreed to acquire IPS Group, a portfolio company of Windjammer Capital and a manufacturer of parking meters and the software municipalities use to price, police and account for curb parking, at an enterprise value of $350 million. Windjammer acquired IPS from its…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine private equity portfolio company exit transaction with no novel financing structure or broader market impact, relevant mainly to direct participants.
Sources
Private Equity Professional
Windjammer Exits IPS Group in $350 Million Sale to Nayax
Nayax has agreed to acquire IPS Group, a portfolio company of Windjammer Capital and a manufacturer of parking meters and the software municipalities use to price, police and account for curb parking, at an enterprise value of $350 million. Windjammer acquired IPS from its…