M&A Deal Summary

Copart Acquires Vincent Auto Solutions

On March 7, 2019, Copart acquired automotive company Vincent Auto Solutions

Acquisition Highlights
  • This is Copart’s 2nd transaction in the Automotive sector.
  • This is Copart’s 3rd transaction in the United States.
  • This is Copart’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2019-03-07
Target Vincent Auto Solutions
Sector Automotive
Buyer(s) Copart
Deal Type Add-on Acquisition

Target

Vincent Auto Solutions

Greenville, Kentucky, United States
Vincent Auto Solutions is a remarketing of total-loss, fleet, and damaged vehicles through our proprietary online auction. Vincent Auto Solutions is based in Greenville, Kentucky.

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Buyer(S) 1

Buyer

Copart

Dallas, Texas, United States

Category Company
Founded 1982
Sector Automotive
Employees12,000
Revenue 3.9B USD (2023)
DESCRIPTION

Copart is a provider of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales utilizing its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others, as well as cars sourced from the general public. Copart was founded in 1982 and is based in Dallas, Texas.


DEAL STATS #
Overall 4 of 4
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 4 of 4
State (Kentucky) 1 of 1
Country (United States) 3 of 3
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-09 AVK

Espoo, Finland

Autovahinkokeskus Oy is an auto auction company. Autovahinkokeskus is based in Espoo, Finland.

Buy -