Global aftersales tech firm (unnamed) acquires Epyx and R2C

● STRATEGIC | AUTOMOTIVE

AUGUST 7, 2026

Global aftersales tech firm (unnamed) (Francisco Partners) acquires Epyx and R2C

TARGET

Epyx operates the 1link digital platform connecting fleet operators, leasing companies, service providers, and garages for SMR authorisation and fleet management across the UK and Europe.

Ownership	—
Prior owner	Corpay Inc
Headcount	111 FTEs
Headquarters	Meriden, United Kingdom
Leadership	Aditya Varadpande, Managing Director Ron Clarke, chairman and CEO (Corpay)
Sell-side advisor	Barclays; Barclays and J.P. Morgan (advised Corpay)

ACQUIRER

Global aftersales tech firm (unnamed)

Global aftersales technology firm (identity not stated in headline).

Ownership	PE-backed
Parent	Francisco Partners
Investors	Francisco Partners, Genstar Capital, Providence Equity Partners, Lloyds Development Capital
Capital raised	$2.63B
Headcount	1,774 FTEs
Headquarters	Richfield, Ohio
Buy-side advisor	DC Advisory

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Global aftersales tech firm (unnamed) -> Epyx and R2C  (2026-09-11)
strategic_acquisition | Automotive | announced
Target: Epyx operates the 1link digital platform connecting fleet operators, leasing companies, service providers, and garages for SMR authorisation and fleet management across the UK and Europe.
Website: epyx.co.uk | Buyer site: oeconnection.com
HQ: Meriden, United Kingdom | Seller: Corpay Inc | Buyer sponsor: Francisco Partners | Buyer ownership: pe-backed
Advisors - Sell-side: Barclays; Barclays and J.P. Morgan (advised Corpay); Buy-side: DC Advisory
Source: Thematic - https://thematichq.com/software/d/global-aftersales-tech-firm-epyx-and-r2c.html

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