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Copart to buy ACV Auctions for USD 10.5 per share in USD 1.9 billion deal

PUBT·09/10/2026 20:18:32
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Copart to buy ACV Auctions for USD 10.5 per share in USD 1.9 billion deal
  • Copart agreed to buy ACV for USD 10.5 a share in cash, valuing the equity at about USD 1.9 billion.
  • Offer implies a roughly 45% premium to ACV’s Aug. 10, 2026 close, before media reports of a potential deal.
  • Deal expands Copart into dealer-to-dealer digital wholesale remarketing, adding ACV’s inspection technology, condition data, and valuation tools.
  • Funding to come from cash on hand; closing targeted by year-end 2026; ACV to operate as an independent subsidiary post-close.
  • Transaction expected to be EPS-neutral in the first full year, turning accretive in fiscal 2028 and beyond.


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. Copart Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260910881782) on September 10, 2026, and is solely responsible for the information contained therein.