What changed
Copart will acquire all outstanding shares of ACV common stock for $10.50 per share in cash, representing an implied equity value of approximately $1.9 billion. The per-share price is a premium of approximately 45% to ACV’s unaffected closing stock price on August 10, 2026, and approximately 41% to ACV’s 30-day volume-weighted average price for the period ending September 9, 2026. The transaction is expected to accelerate revenue growth and be accretive to Copart EPS in fiscal 2028 and beyond. Copart will leverage its global buyer network and more than 250 locations to support ACV’s dealer-to-dealer wholesale platform.
Why it matters
Copart will acquire all outstanding shares of ACV common stock for $10.50 per share in cash, representing an implied equity value of approximately $1.9 billion. The per-share price is a premium of approximately 45% to ACV’s unaffected closing stock price on August 10, 2026, and approximately 41% to ACV’s 30-day volume-weighted average price for the period ending September 9, 2026. The transaction is expected to accelerate revenue growth and be accretive to Copart EPS in fiscal 2028 and beyond. Copart will leverage its global buyer network and more than 250 locations to support ACV’s dealer-to-dealer wholesale platform.