Copart to Acquire ACV Auctions for $10.50 Per Share in All-Cash Deal

Key Facts

1Copart has agreed to acquire ACV Auctions in an all-cash deal priced at $10.50 per share.

2ACV Auctions shares surged 43.78% in after-hours trading following the acquisition announcement.

In a move reflecting strategic consolidation within the digital automotive auction sector, Copart has entered into a definitive agreement to acquire ACV Auctions. The all-cash transaction is priced at $10.50 per share, providing a significant exit premium for current shareholders. Following the announcement, ACV Auctions shares surged 43.78% in after-hours trading as markets reacted to the acquisition terms.

The deal highlights a trend of major players leveraging cash reserves to expand their digital footprints. Per market data, ACVA closed at $7.22 on September 10, 2026, positioning the $10.50 offer as a substantial premium over its market valuation. Meanwhile, the acquirer CPRT stood at $30.75 at the close of September 10, 2026, with investors now assessing the long-term integration benefits against the cash outlay.

Market participants will be watching for regulatory approvals and the finalized closing date of the merger. Based on the snapshot at close on September 10, 2026, ACVA had maintained a daily range between $7.00 and $7.39. In the absence of immediate sector-specific catalysts in the upcoming economic calendar, the stock's performance is expected to be tightly coupled with the progress of this definitive agreement.