What changed
Copart will acquire all outstanding ACV shares for $10.50 per share in cash, an implied equity value of approximately $1.9 billion. The price is a premium of approximately 45% to ACV’s unaffected closing price on August 10, 2026 and 41% to its 30-day volume-weighted average price through September 9, 2026. The transaction is expected to accelerate revenue growth and be accretive to Copart EPS in fiscal 2028 and beyond. Copart will host a conference call at 5:30 p.m. Eastern Time today.
Why it matters
Copart will acquire all outstanding ACV shares for $10.50 per share in cash, an implied equity value of approximately $1.9 billion. The price is a premium of approximately 45% to ACV’s unaffected clos