---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-388064"
form_type: "8-K"
ticker: "CPRT"
cik: "0000900075"
company_name: "COPART INC"
filed_at: "2026-09-10T21:17:57+00:00"
generated_at: "2026-09-10T21:20:12.356752+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Copart to acquire ACV for $10.50/share cash, ~$1.9B equity value

## Summary
- Deal: $10.50/share cash, ~$1.9B implied equity value; ~45% premium to Aug 10 unaffected close.
- Tender offer for all ACV shares; majority condition, HSR waiting period; expected close by year-end 2026.
- Support stockholders owning ~4.1% of ACV agreed to tender shares.
- ACV to operate as independent subsidiary led by existing leadership; no financing condition.
- Expected neutral to Copart EPS in first full year, accretive in fiscal 2028.

## SEC filing metadata
- accession: 0001193125-26-388064
- form_type: 8-K
- ticker: CPRT
- cik: 0000900075
- company_name: COPART INC
- filed_at: 2026-09-10T21:17:57+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/900075/000119312526388064/0001193125-26-388064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/900075/000119312526388064/d138322d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-388064
- JSON: https://secwatch.observer/filing/0001193125-26-388064.json
- Plain text: https://secwatch.observer/filing/0001193125-26-388064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.