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Copart said fourth-quarter revenue was $1.2 billion, up 2.4% year over year, and fiscal 2026 revenue rose 0.4% to $4.7 billion. The company also said global unit sales fell 2.9% and announced the acquisition of ACV.
Copart Inc. agreed to acquire ACV for $10.50 per share in cash, implying an equity value of about $1.9 billion. The purchase price represents premiums of about 45% to ACV’s unaffected August 10 closing price.
Copart said it will acquire ACV for $10.50 per share, valuing the equity at $1.90B.