Copart completed its all-cash acquisition of ACV Auctions on October 16, 2026. The transaction is valued at approximately $1.9 billion. Copart purchased shares at $10.50 each through a tender offer. The tender offer expired on October 15, 2026. Approximately 68.43% of ACV’s outstanding shares were tendered.
ACV Auctions ceased trading on the New York Stock Exchange following the deal's closure. The company now operates as a wholly owned, independent subsidiary of Copart. ACV’s existing leadership team will remain in place to manage operations.
The acquisition expands Dallas-based Copart into the digital vehicle wholesaling market.