M&A Deal Summary

Nayax Acquires On Track Innovations

On January 20, 2022, Nayax acquired technology hardware company On Track Innovations for 4.5B USD

Acquisition Highlights
  • This is Nayax’s 1st transaction in the Technology Hardware sector.
  • This is Nayax’s largest (disclosed) transaction.
  • This is Nayax’s 1st transaction in the United States.
  • This is Nayax’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-01-20
Target On Track Innovations
Sector Technology Hardware
Buyer(s) Nayax
Deal Type Add-on Acquisition
Deal Value 4.5B USD

Target

On Track Innovations

Plano, Texas, United States
website
On Track Innovations develops ATM readers and payment terminals (unattended payment), self-service kiosks, automatic vending machines and public transportation payment stations. On Track Innovations is based in Plano, Texas.

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Buyer(S) 1

Buyer

Nayax

Herzliya, Israel

website

Category Company
Founded 2005
Sector Information Technology
Employees600
Revenue 119M USD (2021)
DESCRIPTION

Nayax is a global commerce enablement and payments platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and marketing and loyalty suite, enabling merchants to conduct commerce anywhere, at any time. Nayax was founded in 2005 and is based in Herzliya, Israel.

DEAL STATS #
Overall 1 of 4
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
Size (of disclosed) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-30 Retail Pro

Folsom, California, United States

Retail Pro is a retail Point of Sale (“POS”) software that offers an integrated platform and innovative retail software solution (branded as “Retail Pro”) to help retailers not only accept payments but also optimize business operations and transform their customer experience with deep insights from integrated data. Retail Pro is based in Folsom, California.

Buy $37M
Mergr

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