Copart, Inc. to Acquire ACV Auctions Inc. through Merger Agreement
Acquiring Company
COPART
Acquired Company
ACV Auctions
DallasBuffaloE CommerceMarketplaceAutomotiveInformation TechnologyDescription
On September 10, 2026, Copart, Inc. entered into a Merger Agreement with ACV Auctions Inc. and its subsidiary, Apple Merger Sub, Inc. The agreement includes a cash tender offer to be initiated by Copart within the stipulated timeline. This merger aims to enhance Copart's vehicle auction capabilities further. Further details of the merger terms were outlined in the Agreement.
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Based on deal dataFrequently asked
Who acquired ACV Auctions?
ACV Auctions was acquired by COPART, based in Dallas. The deal was reported on September 10, 2026. Copart, Inc. is a global leader in online vehicle auctions founded in 1982. The company's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. COPART is publicly traded (CPRT) and operates in E Commerce.
When did COPART acquire ACV Auctions?
COPART's acquisition of ACV Auctions was reported on September 10, 2026. On September 10, 2026, Copart, Inc. entered into a Merger Agreement with ACV Auctions Inc. and its subsidiary, Apple Merger Sub, Inc. The agreement includes a cash tender offer to be initiated by Copart within the stipulated timeline. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ACV Auctions do?
ACV Auctions Inc. is a technology-driven automotive auction platform that streamlines the buying and selling of vehicles. The company aims to improve transparency and efficiency in the wholesale automotive auction market. It is publicly traded (ACVA), operating in Information Technology, and is based in Buffalo.
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