Copart Nears Agreement to Buy ACV Auctions for Almost $2 Billion
Deals·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Online vehicle auctioneer Copart Inc. is nearing an all-cash deal to acquire ACV Auctions Inc., a digital marketplace to buy and sell cars, according to people familiar with the matter.
The acquisition is valued at almost $2 billion, marking a significant move in the online vehicle auction space.
CopartACV Auctions
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“Online vehicle auctioneer Copart Inc. is nearing an all-cash deal to acquire ACV Auctions Inc., a digital marketplace to buy and sell cars, according to people familiar with the matter.”
Bloomberg — Copart Nears Agreement to Buy ACV Auctions for Almost $2 Billion