OEC has acquired epyx Ltd, a provider of digital solutions for the automotive sector, for an undisclosed amount. The transaction transfers ownership of epyx from its previous parent, Corpay, a global corporate payments company listed on the New York Stock Exchange. The deal marks a change in control for the Warwickshire-based firm, which will now operate under OEC’s umbrella.
epyx, headquartered in Meriden, Warwickshire, has spent more than two decades developing software for fleet operators and their suppliers. Its core products, the 1link platforms, manage vehicle maintenance, hire, and remarketing processes. The company reports that these systems are used by fleets representing over seven million vehicles internationally, with more than 37,000 garages and service providers connected, alongside nearly all major motor manufacturers for their franchise networks. Beyond the UK, epyx operates in twelve other European countries and Australia.
OEC, the acquiring entity, brings its own focus on technology solutions for the automotive aftermarket. The purchase is intended to broaden OEC’s reach into the fleet management segment, where epyx holds a long-established position. For epyx, the acquisition provides access to OEC’s distribution channels and resources, potentially accelerating the adoption of its platforms in new markets. The existing customer base, which includes many fleets that have worked with epyx since its early years, is expected to remain a central asset.
The deal also resolves epyx’s position within Corpay, which had integrated the company into its payments ecosystem. Under OEC, epyx will continue to deliver its data-driven services, which help clients refine operational processes and generate insights for innovation. The transaction does not alter epyx’s day-to-day product roadmap, according to the companies, but it does shift strategic oversight to OEC’s management.
The combined entity will focus on expanding epyx’s footprint across its existing territories while leveraging OEC’s scale to deepen relationships with motor manufacturers and service providers. Integration efforts will likely centre on aligning technology platforms and customer support structures, with the goal of maintaining continuity for the seven million vehicles currently managed through epyx systems.