Welcome to our dedicated page for ACV Auctions news (Ticker: ACVA), a resource for investors and traders seeking the latest updates and insights on ACV Auctions stock.
ACV Auctions Inc. operates digital automotive marketplaces and data solutions for sourcing, selling and managing used vehicles. Company news centers on its wholesale marketplace, dealer and commercial-client activity, and the performance of offerings such as ACV Auctions, ACV Transportation, ACV Capital, MAX Digital, True360 and ClearCar.
Recurring updates include quarterly results, revenue and Adjusted EBITDA guidance, share repurchase activity, and product development across ACV MAX and VIPER. News also covers AI-powered vehicle inspection, appraisal, pricing and inventory-management tools that combine inspection-backed vehicle data with real-time market signals for dealers.
Copart (CPRT) has commenced a cash tender offer, through wholly owned subsidiary Apple Merger Sub, to acquire all outstanding shares of ACV Auctions (ACVA) for $10.50 per share, net to the seller in cash, without interest, under an Agreement and Plan of Merger dated September 10, 2026.
The offer expires at one minute after 11:59 p.m. ET on September 30, 2026, unless extended or terminated. Following acceptance of tendered shares and satisfaction or waiver of conditions, Apple Merger Sub will merge into ACV under DGCL Section 251(h), making ACV a wholly owned subsidiary of Copart, and remaining shares will also convert into the right to receive $10.50 in cash.
Closing is conditioned on a minimum tender of more than 50% of outstanding ACV shares and expiration or termination of the Hart‑Scott‑Rodino waiting period. The offer is not subject to a financing condition. ACV’s board has filed a Schedule 14D‑9 recommending that shareholders tender their shares.
Copart (CPRT) agreed to acquire all outstanding shares of ACV (ACVA) for $10.50 in cash per share, implying equity value of approximately $1.9 billion. The price represents a premium of about 45% to ACV’s unaffected August 10, 2026 close and about 41% to its 30‑day VWAP through September 9, 2026.
The deal adds ACV’s digital dealer‑to‑dealer wholesale auction and data platform to Copart’s global salvage, whole‑car, and international remarketing network, creating a full‑lifecycle vehicle remarketing platform. Copart expects meaningful cost and revenue synergies, with earnings per share impact neutral in the first full year and accretive in fiscal 2028 and beyond. The acquisition will be funded with cash on hand, is not subject to financing, and is expected to close by year‑end 2026 following a successful tender offer and regulatory clearances. ACV will operate as an independent subsidiary led by its current management.
ACV Auctions (NYSE: ACVA) announced a strategic integration with DriveCentric, combining ACV’s ClearCar pricing engine and VIPER AI inspection and acquisition workflow with DriveCentric’s new Service Engagement Hub CRM for fixed operations. The joint solution lets dealerships identify trade-in and acquisition opportunities directly from the service drive while standardizing digital inspections and maintenance recommendations. According to ACV, this is the first of a series of planned integrations with service-drive and dealer management software providers. The integrated offering is expected to be available to mutual dealership customers starting in September 2026.
ACV Auctions (NYSE: ACVA) announced nationwide availability of its VIPER automated vehicle scanning system for car dealerships, aimed at turning every service lane visit into a vehicle acquisition opportunity. VIPER combines automated imaging, VIN-level pricing, AI-powered condition analysis and ACV’s inspection-backed market intelligence to generate consumer offers in minutes.
Installed directly in the service lane, VIPER delivers a full exterior and undercarriage assessment in under 60 seconds and automatically creates appraisals with photos, damage detection, tire measurements, pricing insights and customizable offers. According to ACV Auctions, VIPER is powered by data from over one million vehicle inspections annually, 50 million images per year and 250+ condition data points per vehicle, and integrates with ACV MAX, ClearCar offers and dealer CRMs to support acquisition, upsell and merchandising workflows.
ACV (NYSE: ACVA) appointed Tim Fox, currently Vice President of Investor Relations and Strategic Finance, as Chief Financial Officer effective August 11, 2026. Fox succeeds CFO Bill Zerella, who is leaving to become CFO of another company and will remain an advisor through October 2, 2026 to support the transition.
Fox joined ACV in 2021 and has over 35 years of finance, investment and operations experience, including senior roles at software company PTC. ACV also issued a separate release announcing financial results for the quarter ended June 30, 2026.
ACV (NYSE: ACVA) reported second quarter 2026 revenue of $214 million, up 10% year over year, with Marketplace and service revenue of $189 million, up 8%. Marketplace GMV was $2.7 billion and Marketplace Units were 211,472, both approximately flat versus the prior-year quarter.
ACV recorded a GAAP net loss of $8 million compared to a $7 million loss a year ago, while non-GAAP net income was $10 million versus $12 million. Adjusted EBITDA was $21 million, up from $19 million and above the high end of guidance. The company reaffirmed full-year 2026 guidance for revenue of $845–$855 million, GAAP net loss of $49–$44 million, non-GAAP net income of $32–$37 million, and Adjusted EBITDA of $73–$77 million.
ACV Auctions (NYSE: ACVA) announced a suite of AI-driven enhancements to its digital wholesale Marketplace aimed at helping dealers buy and sell vehicles with greater speed and efficiency. The upgrades use data from millions of inspections and transactions to offer intelligent recommendations and more tailored dealer workflows.
New seller tools include Scheduled Auction timing and reserve-price guidance, Recommended Auction Duration, and a Bidding Engagement Meter. Buyers gain a redesigned Search Results Page with AI-powered sorting, enhanced Saved Search filters, private Buyer Notes, recommended badging, and extended auction and preview periods to support faster, more informed inventory decisions.
ACV (NYSE: ACVA) announced it will report its second quarter 2026 financial results after market close on Monday, August 10, 2026, followed by a conference call at 5:00 p.m. ET. Investors can join via phone or a live webcast on the company’s investor relations website, with an archived replay available after the event.
ACV (NYSE: ACVA) announced that its management team will present at the 2026 J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 20, 2026, at 9:20 a.m. ET. A live webcast and archived replay will be available on its investor relations website.
ACV (NYSE: ACVA) announced an expanded ACV MAX inventory intelligence suite on May 7, 2026, unifying inspection-backed data, guarantees, real-time market signals, and AI-powered tools for dealers.
The suite integrates ACV MAX Recommendations, ACV MAX Guarantees, ACV VIPER, and ClearCar to centralize sourcing, pricing, management, and selling workflows for dealers seeking faster, more transparent inventory decisions.