Copart Completes Acquisition of ACV
Copart, Inc. (NASDAQ:CPRT) ("Copart"), a global leader in online vehicle auctions, today announced the successful completion of its acquisition of ACV Auctions Inc. (NYSE:ACVA) ("ACV").
"We are pleased to complete the acquisition of ACV, which is an important milestone for Copart as we continue to deliver on our growth strategy," said Jay Adair, Chief Executive Officer of Copart. "With ACV now part of the Copart family, we have established an industry-leading, fully complete remarketing platform spanning dealer trade-ins, wholesale remarketing, salvage disposition, and international scale. Together we bring stronger capabilities, great efficiency, and an expansive footprint, and we’re exc
