The transaction is sourced from an SEC EDGAR Form SC 14D9 filing published on September 17, 2026. Based on the facts provided, the deal's current status is pending regulatory approval.
No financial advisors were extracted for this deal in the facts provided, meaning that neither ACV Auctions nor Copart has a financial advisor identified in the available material.
On the legal side, Davis Polk & Wardwell LLP is identified as legal advisor to ACV Auctions, the target in this transaction. The source material lists the firm's address as 450 Lexington Ave., New York, NY 10017, consistent with its role as counsel of record on the Schedule 14D-9. No legal advisor to Copart, the acquirer, is identified in the facts provided.
Beyond confirming that the transaction is structured as a cash tender offer, no further detail on the offer price per share or other specific terms of the tender is included in the facts available.
This deal's facts block is notably thin: no financial advisor is identified for either side, the deal value is explicitly noted as not stated in the source document, and no legal advisor to Copart is named. No expected closing date, offer price, or detail on the conditions of the tender offer is provided in the available material.