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STRATEGIC  |  AUTOMOTIVE · Fleet & Aftersales
AUGUST 7, 2026
Global aftersales tech firm (unnamed) (Francisco Partners) acquires Epyx and R2C (Corpay)
TARGET
Epyx and R2C
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.
OwnershipCorpay Inc (prior owner)
Headcount111 FTEs
HeadquartersMeriden, United Kingdom
Leadership
Aditya Varadpande, Managing Director
Ron Clarke, chairman and CEO (Corpay)
Sell-side advisorBarclays; J.P. Morgan
ACQUIRER
Global aftersales tech firm (unnamed)
Global aftersales technology firm (identity not stated in headline).
OwnershipPE-backed · Francisco Partners; Francisco Partners, Genstar Capital, Providence Equity Partners, Lloyds Development Capital
Capital raised$2.63B
Headcount1,774 FTEs
HeadquartersRichfield, Ohio
Buy-side advisorDC Advisory
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