Copart to acquire ACV for $1.9 billion in cash
Filed with the SEC on · Summarized by InvestorsBot
Copart agreed on September 10, 2026, to acquire ACV for $10.50 per share in cash, representing an implied equity value of approximately $1.9 billion. Copart expects the deal to be neutral to earnings per share in the first full year and accretive in fiscal 2028 and beyond; closing is expected by calendar year-end 2026, subject to shareholder tenders, antitrust review and other customary conditions.