Business Services & Equipment M&A » By The Online Investor Staff, updated Mon., Apr. 29, 11:19 PM
Recent mergers and acquisitions in the Business Services & Equipment M&A category.
Slide #80. Copart, Inc. — Berpa Auto Auction
Acquirer: |
Copart, Inc. (NASDAQ:CPRT) |
Acquiree: |
Berpa Auto Auction |
Details: |
Copart, Inc. (NASDAQ:CPRT), a leading online salvage vehicle auction company, today announced it has acquired Berpa Auto Auction, Inc., a privately held automotive auction located in Montreal, Quebec, Canada. |
Copart is a provider of online auctions and vehicle remarketing services. Co. provides vehicle sellers with a range of services to process and sell vehicles primarily over the internet through its Virtual Bidding Third Generation internet auction-style sales technology, which Co. refers to as VB3. Vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. Co. sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and to the general public.
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April 29, 2024 11:19 PM Eastern
Buy (3.14 out of 4)
36th percentile
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