AcquisitionSep 10, 2026Pending
🇺🇸 United States

ACVCopart, Inc.

Industrials › Business Services

Equity value$1.9BEquity value
AnnouncedSep 10, 2026
ConsiderationCash
StructureTender offer
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

Copart, Inc. agreed to acquire all outstanding shares of ACV common stock for $10.50 per share in cash, representing an implied equity value of approximately $1.9 billion, through a tender offer followed by a merger.

Deal rationale

The combination is presented as creating a full-spectrum, digital vehicle remarketing platform spanning dealer trade-ins, wholesale remarketing, salvage disposition and international resale, adding a scaled dealer-to-dealer auction channel and ACV's dealer-focused data and technology tools.

AI-generated from the SEC filing
PendingIndustrials › Business ServicesUnited StatesNorth America

Timeline

  1. AnnouncedSep 10, 2026

    Deal announced.

    Filing

Valuation and terms

Equity value$1.9BHeadline figure
Enterprise valueUndisclosed
ConsiderationCash

Advisors

Buy-side
EEvercore
Sell-side
JPJ.P. Morgan

Parties

Target
ACV
Headquarters
United States
Ticker
ACVA
Acquirer
Copart, Inc.
Headquarters
United States
Ticker
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