Kirkland Represents Windjammer Capital on Sale of IPS Group

Kirkland & Ellis advised Windjammer Capital on its definitive agreement to sell its portfolio company, IPS Group, Inc., to Nayax Ltd. (Nasdaq; TASE: NYAX) 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 meters, mobile app, enforcement and permitting solutions, payment solutions, and SaaS-based data analytics, to municipalities, universities and parking operators across North America, the United Kingdom and Ireland.

Read Windjammer’s press release

The Kirkland team included corporate lawyers Vlad Kroll, Alex Mieszkalski, Alex King and Chris Kenefick; technology & IP transactions lawyers John Lynn, Seth Pritchard and Nathan Abernathy; tax lawyers Vincent Thorn and Ali Godoy; executive compensation lawyer Daniel Rios; employment & labor lawyers Kevin Miller and Maayan Sachs; and employee benefits lawyers Jack Amaro and Nick Carballo.