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M&A Deal Summary

IPS Group Acquires Populus

On November 4, 2025, IPS Group acquired internet software and services company Populus

Acquisition Highlights
  • This is IPS Group’s 1st transaction in the Internet Software and Services sector.
  • This is IPS Group’s 1st transaction in the United States.
  • This is IPS Group’s 1st transaction in California.

M&A Deal Summary
Date 2025-11-04
Target Populus
Sector Internet Software and Services
Buyer(s) IPS Group
Deal Type Add-on Acquisition

Target

Populus

San Francisco, California, United States
Populus is a provider of transportation data and a global leader in mobility and curb management solutions. Populus was founded in 2017 and is headquartered in San Francisco, California.

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Buyer(S) 1

Buyer

IPS Group

San Diego, California, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

IPS Group is a provider of Intelligent Parking Systems and payment software to transportation and parking operations globally. The Company provides a fully-integrated Smart Parking Management Solution including single-space meters, multi-space pay stations, enforcement, permitting, and vehicle detection sensors, integrated via SaaS management software with Advanced Data Analytics. IPS Group is based in San Diego, California.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
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