COPART, INC. (NASDAQ:CPRT) Files An 8-K Other Events
Item 8.01 Other Events
that it has acquired Cycle Express, LLC, doing business as
National Powersport Auctions. The full text of the press release
is furnished herewith as Exhibit 99.1.
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Exhibit
Number
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Description
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99.1
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Press release, dated June 12, 2017 of Copart, Inc.
announcing the acquisition of Cycle Express, LLC, d/b/a National Powersport Auctions. |
About COPART, INC. (NASDAQ:CPRT)
Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The Company also provides vehicle remarketing services in Germany. The Company operates through two segments: United States and International. The Company 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 (VB3). The Company’s service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It.