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COPART INC 8-K Report, Acquisition Completed (Oct 16, 2026)

Reports
Acquisitions & Dispositions·Regulation FD·Exhibits & Filings
Filing Date
Filed October 16, 2026
Period End
October 16, 2026
Security
CPRT
In the record · 2016–202610-K1110-Q328-K93

CPRT filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 93 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jul ’16Jul ’16
  2. Leadership change8-K · Mar ’22Mar ’22
  3. Leadership change8-K · Mar ’24Mar ’24

01—Abstract

Summary

Summary of the 8-K filed October 16, 2026. Cited figures are marked; the original filing is the authoritative source.

Copart, Inc. (CPRT) has announced the successful completion of its acquisition of ACV Auctions Inc. (ACVA) as of October 16, 2026.

The acquisition was effectuated through a cash tender offer at $10.50a per share, which was followed by a merger. A significant majority of ACV's shares, approximately 68.43%, were tendered and accepted for payment. This strategic move combines Copart's existing remarketing services with ACV's platform, aiming to create a comprehensive industry-leading remarketing solution that spans dealer trade-ins, wholesale remarketing, salvage disposition, and international reach.

This integration is expected to enhance capabilities, drive efficiency, and expand the overall footprint for both companies. ACV will now operate as an independent subsidiary of Copart, led by its existing management team.

The transaction marks a significant step in Copart's growth strategy, aiming to deliver increased value to customers by leveraging the combined strengths and expansive networks of both entities. Shares of ACV common stock will cease trading on the New York Stock Exchange.

02—Key points

Key Highlights

  1. Copart, Inc. has officially completed its acquisition of ACV Auctions Inc.
  2. The acquisition was completed via a cash tender offer at $10.50 per share, followed by a merger.
  3. Approximately 68.43% of ACV's outstanding shares were tendered and accepted.
  4. The combined entity aims to create an industry-leading, fully integrated remarketing platform.
  5. ACV will operate as a wholly owned, independent subsidiary of Copart under its existing leadership.
  6. The transaction is expected to enhance capabilities, efficiency, and market reach for Copart.
  7. ACV common stock will no longer be traded on the New York Stock Exchange.

03—Questions

Frequently Asked Questions

  1. What was the purchase price for ACV Auctions Inc.?

    Copart acquired ACV Auctions Inc. through a cash tender offer at a price of $10.50 per share, net to the seller in cash, without interest, subject to any applicable withholding taxes.

  2. What percentage of ACV shares were tendered in the offer?

    As of the tender offer expiration on October 15, 2026, approximately 68.43% of ACV's outstanding shares were validly tendered and not withdrawn.

  3. How will ACV Auctions Inc. operate post-acquisition?

    ACV Auctions Inc. will operate as an independent subsidiary of Copart, with its existing leadership team continuing to manage its operations.

  4. What is the strategic rationale behind this acquisition for Copart?

    Copart aims to create an industry-leading, fully integrated remarketing platform by combining ACV's capabilities with its own, covering dealer trade-ins, wholesale remarketing, salvage disposition, and international operations, expecting to enhance capabilities, efficiency, and customer value.

04—Continue

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