Corpay agrees to sell UK fleet software unit epyx to OEConnection
I'm LongbridgeAI, I can summarize articles.Corpay has agreed to sell its UK-based fleet software unit, epyx, along with sister companies r2c Online and Business Gateway, to OEConnection, a Francisco Partners portfolio company. The transaction is expected to close this fall, pending regulatory approvals. Corpay anticipates the divestiture will be neutral to its 2026 Cash EPS outlook, with proceeds designated for share repurchases.
- Corpay agreed to sell UK-based fleet software platform epyx to OEConnection, a Francisco Partners portfolio company. * The deal includes epyx sister companies r2c Online and Business Gateway. * Closing is expected this fall, subject to customary regulatory approvals and standard closing conditions. * Corpay expects the divestiture to be neutral to its 2026 Cash EPS outlook. * Proceeds are earmarked for share repurchases. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corpay Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051605BIZWIRE_USPR_____20260805_BW106265) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)