MxP Partners LLP Invests in Motormax to Drive Expansion in Fleet Safety Sector

Press Release - MxP
Date: 4th September 2025

MxP Partners LLP Invests in Motormax to Drive Expansion in Fleet Safety Sector

MxP Partners LLP (MxP), a leading private equity firm has completed a strategic investment partnership in Motormax®, a pioneering fleet safety company.

MxP was supported by co-investors RMB Corvest and Westbrooke Alternative Asset Management. This partnership will fuel Motormax’s ambitious plans for market expansion, innovation and operational excellence.

About Motormax

Established in 2010, Motormax provides cutting-edge vehicle electronics designed to enhance safety, prevent incidents, and improve operational efficiency for fleets across the UK and internationally. Trusted by many of the largest fleet operators and vehicle converters in the industry, Motormax helps businesses protect drivers and vulnerable road users, safeguard assets, contributing to safer roads and communities.

Strategic Growth Plans

Director of Motormax and Partner at MxP, Charles Street commented: “We believe Motormax has the potential to become the UK market leader and a significant global player in fleet safety. With MxP’s experience and resources, combined with the knowledge and expertise of the Motormax team, we are confident in delivering strong, sustained growth.”

Jeremy Sharman, who previously co-founded the global investment firm Hg Capital, will become the new Group Chairman. Jeremy brings over 40 years of experience in scaling businesses of Motormax’s size and ambition.

Co-Founder and Director of Motormax, James Haycock commented: “Partnering with MxP gives us the strategic backing to take Motormax to the next level. We will accelerate our new product launch strategy through increased R&D investment, expand into new sectors and global markets, and further enhance our operations to ensure we remain the trusted choice for pioneering fleet safety solutions.”

Co-Founder and Director of Motormax, Jonathan Haycock commented, “With MxP, we have found partners who share our values and long-term vision. This milestone will enable us to scale sustainably, meet growing customer demand, strengthen our infrastructure, and maintain our industry-leading customer service.”

Head of Westbrooke UK Private Equity, Rob Grieve, commented: “Motormax and its management team are widely recognised for their innovation, customer-centric approach, and operational excellence. We are excited to partner with Motormax, alongside MxP and RMB Corvest, as the company enters its next phase of growth. We look forward to working closely together to achieve our shared growth objectives.”

Executive at RMB Corvest, Geoff Wilmot concluded: "We are delighted to partner with the Motormax founders alongside UK co-investors MxP Partners and Westbrooke UK Private Equity. Motormax exemplifies the type of business we seek to support; market-leading operators with proven track records, aligned leadership, and significant growth potential.

Advisors

MxP was advised by Shakespeare Martineau (Legal Advisor), Cooper Parry (Financial Advisor) and RSM (Tax Advisor). Motormax was advised by Convex Corporate Finance, Knights (Legal Advisor) and Claritas (Tax Advisor).

Learn more at www.motormax.co.uk.

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For Motormax media enquiries:

Vicky Steen – 07711 127191- vicky@thrivestrategicmarketing.co.uk

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About Motormax ‍

Motormax® is a leading UK provider of advanced fleet safety solutions. We design and deliver innovative fleet safety solutions that enhance safety, prevent incidents, and improve operational efficiency. Our technology includes AI-powered driver assistance, advanced telematics integration, and bespoke safety systems tailored to specific fleets and vehicles.

Trusted by many of the largest fleets across the UK and internationally, Motormax helps businesses protect drivers, safeguard assets, and support community safety. Our solutions reduce risk, meet compliance, and contribute to sustainability by lowering incident rates and operational costs.

About MxP Partners

Founded in 2006 by Michael George following the sale of his family’s controlling interest in Weetabix, MxP Partners has a highly selective investment approach and a proven track record of transforming businesses.

About Westbrooke Alternative Asset Management

Established in 2004, Westbrooke is a multi-asset, multi-strategy manager and advisor of alternative investment funds and co-investment platforms. We have a heritage as a shareholder and operator of assets and invest our own capital alongside our investors in Private Debt, Hybrid Capital, Real Estate and Private Equity in the United Kingdom, the USA, and South Africa. Our clients benefit from the depth of experience and quality of our investment teams, who move with speed and are comfortable dealing with complexity. This, together with our multi-decade track record as an owner and operator of assets, allows us to better understand the needs of entrepreneurs and to see risk differently, providing our partners with a unique advantage.

For media enquiries: Jolanda Botha – jolanda@westbrooke.com

About RMB Corvest

RMB Corvest, a subsidiary of FirstRand Bank Limited, is a prominent private equity investor with extensive experience spanning over 200 investments and 140 exits since its founding in 1989. The firm has developed significant expertise in both South African and UK markets, demonstrating a consistent ability to identify, develop, and successfully exit high-potential businesses.

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