Windjammer Capital Investors Partners with IPS Group, Inc.

Nayax Acquires IPS Group from Windjammer Capital for $350 Million

August 25, 2026

Software

Nayax agreed to acquire IPS Group from Windjammer Capital Investors for $350 million in cash, combining Nayax’s payments infrastructure and international reach with IPS’s smart parking hardware, software and installed base of more than 250,000 parking spaces. Nayax completed the acquisition on October 1, 2026; the companies expect the combination to support international expansion, cross-selling and integration of IPS payment volumes onto Nayax’s platform.

Windjammer Capital Acquires PrecisionX Group

April 1, 2026

Industrial Services

Windjammer Capital acquired PrecisionX Group, a provider of high-precision metal components for mission-critical applications in highly regulated end markets. PrecisionX is headquartered in Waterbury, Connecticut, operates across seven U.S. facilities, and offers deep and shallow drawn/progressive stamping and machining capabilities such as Swiss screw, CNC, and wire EDM.

IPS Group Acquires Populus Technologies

November 6, 2025

Transportation

IPS Group, a San Diego-based provider of smart parking and curb management technologies, has acquired Populus Technologies, a San Francisco-based provider of mobility data, curb management and parking payments software. The acquisition will integrate Populus' mobility and curb-data platform with IPS's parking, payment and enforcement systems to expand IPS's smart mobility capabilities for municipalities, universities, transportation agencies and private operators.

Integrated Power Services Acquires Wind Solutions LLC

December 4, 2023

Renewable Energy

Integrated Power Services (IPS) has acquired Wind Solutions LLC, a Sanford, North Carolina-based specialist in repair upgrades, accessory components, and patent-protected yaw system components for utility-scale wind turbines. The acquisition expands IPS’s renewables capabilities by adding in-house design, engineering, manufacturing and IP to support owner-operators and utilities across North America.

Windjammer Capital Acquires Paragon Energy Solutions

December 1, 2021

Energy

Windjammer Capital Investors has acquired Paragon Energy Solutions, LLC in partnership with Paragon management; terms were not disclosed. The transaction transfers control from Argosy Private Equity to Windjammer and positions Paragon to expand its nuclear parts, instrumentation & controls, and procurement services through organic growth and acquisitions.

Searchlight Capital Partners to Acquire Majority Stake in Integrated Power Services

October 19, 2021

Industrial Services

Funds advised by Searchlight Capital Partners have entered into a definitive agreement to acquire a majority stake in Integrated Power Services (IPS), an industrial aftermarket services provider. Searchlight is buying the stake from funds advised by Odyssey Investment Partners, and the deal is subject to regulatory approvals with an expected close later in the year.