OEConnection Completes Purchase of Epyx
The acquisition of Epyx, R2C Online and Business Gateway from Corpay has been finalized after regulatory approval.
Updated on Nov. 3, 2026 in Auto Parts
OEConnection has completed its purchase of Epyx, R2C Online and Business Gateway from Corpay. The deal received regulatory approval and was first agreed earlier in 2026.
Why it matters
The acquisition brings fleet software businesses under new ownership with a stated commitment to increased investment. Customers and partners are expected to see continuity of service and existing agreements.
Epyx's 1link SMR platform is used by UK and European fleets running more than four million vehicles and processes transactions worth more than £2 billion annually. The extraction does not disclose the purchase price or post-deal investment figures.
The players
OEConnection
OEConnection is the buyer acquiring Epyx, R2C Online and Business Gateway from Corpay.
Corpay
Corpay is the seller of Epyx, R2C Online and Business Gateway to OEConnection.
The details
Epyx, R2C Online and Business Gateway were sold by Corpay to OEConnection, with the transaction completed on November 3, 2026. Epyx is a fleet software company whose 1link SMR platform serves UK and European fleets, and the businesses will receive increased investment while customer and partner service continuity is maintained.
Timeline
Earlier in 2026: OEConnection and Corpay first agreed the deal.
November 3, 2026: The sale of Epyx, R2C Online and Business Gateway was completed.
Auto Parts Market Consolidation
The transfer of fleet software assets from Corpay to OEConnection reflects continued consolidation among companies that provide back-office and transaction platforms serving vehicle fleets. The move places Epyx's UK and European fleet platform under a new owner positioned to expand its reach.
Fleet customers and partners using Epyx, R2C Online or Business Gateway should see continuity of service, existing contacts and agreements remaining in place. The extraction does not describe any changes to pricing or product availability.
The takeaway
Ownership changes in fleet software can carry service commitments and planned investment, and businesses relying on these platforms should confirm that their existing agreements and contacts continue after the transition. Watching for announced investment plans can clarify how the new owner intends to develop the products.
Further reading
For broader context on suppliers and services tied to vehicle operations, see Auto Parts.
