Copart acquires ACV Auctions

● STRATEGIC | AUTOMOTIVE · Fleet & Aftersales

SEPTEMBER 10, 2026

Copart acquires ACV Auctions

TARGET

Dealer-to-dealer digital wholesale vehicle auction marketplace for licensed automotive dealers, with AI-powered inspection, valuation data, financing, and transportation services.

Deal value	$1.9B equity value
Revenue	$781M (trailing twelve months as of March 31, 2026)
Ownership	Publicly traded · Bessemer Venture Partners, Tribeca Venture Partners, Wellington Management Company, Fidelity Management & Research Co., Bain Capital Ventures +3 more
Capital raised	$394M pre-IPO
Headcount	1,001-5,000 FTEs
Headquarters	Buffalo, New York
Leadership	George Chamoun, Chief Executive Officer
Sell-side advisor	J.P. Morgan; Evercore

ACQUIRER

Copart

global online vehicle auction platform serving insurers, dealers, fleet owners, and dismantlers across 185+ countries

Ownership	Publicly traded (NASDAQ: CPRT)
Headcount	11,600 FTEs
Headquarters	Dallas, Texas
Leadership	Jay Adair, Chief Executive Officer
Buy-side advisor	Evercore

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Copart -> ACV Auctions  (2026-09-11)
strategic_acquisition | Automotive | $1.9 billion equity value | announced
Target: Dealer-to-dealer digital wholesale vehicle auction marketplace for licensed automotive dealers, with AI-powered inspection, valuation data, financing, and transportation services.
Website: acvauto.com | Buyer site: copart.com
HQ: Buffalo, New York | Ownership: public | Buyer ownership: public (NASDAQ: CPRT)
Advisors - Sell-side: J.P. Morgan; Evercore; Buy-side: Evercore
Source: Thematic - https://thematichq.com/software/d/copart-acv-auctions.html

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