Copart Inc (Copart) carries out the provision of auctions and vehicle marketing services. The company offers sales and marketing of early and late model, hybrid, featured and seller-certified vehicles. It markets vehicles which include ATVs, exotic and classic cars, boats, dirt bikes, trucks, jet skis, motorcycles, recreational vehicles, snowmobiles and SUVs, among others. Copart also offers salvage estimating services, title processing and procurement, and transportation services. It operates under the brands Copart, BID4U, CI & Design, DRIVE Auto Auctions, 1-800 CAR BUYER, CA$HFORCARS.COM, COPART & DESIGN, VB3 & DESIGN, VB3, NPA, and CrashedToys.co. The company also provides services to vehicles sellers such as rental car companies, charities, fleet operators, dealers, and individuals. The company operates in Canada, the UK, the Republic of Ireland, Finland, Brazil, Oman, Bahrain, Germany, the UAE and Spain. Copart is headquartered in Dallas, Texas, the US.
Copart Inc premium industry data and analytics
Products and Services
Services | Brands |
---|---|
Sales and Marketing of Vehicles | Copart |
Salvage Estimating Services | BID4U |
Transportation Services | VB3 & DESIGN |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Financing Agreements | In October, the company invested in Purple Wave. |
2021 | Corporate Changes/Expansions | In July, the company opened a new International Member Lounge in Batumi, Georgia, the US. |
2020 | Corporate Changes/Expansions | In December, the company announced the expansion of its Macon, Georgia location in the US. |
Competitor Comparison
Key Parameters | Copart Inc | LKQ Corp | IAA Inc | Openlane Inc | ACV Auctions Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Dallas | Chicago | Westchester | Carmel | Buffalo |
State/Province | Texas | Illinois | Illinois | Indiana | New York |
No. of Employees | 10,200 | 49,000 | 4,914 | 4,500 | 2,170 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Leah Stearns | Chief Financial Officer | Senior Management | - | - |
Hessel Verhage | Chief Operating Officer | Senior Management | 2024 | - |
Rama Prasad | Chief Technology Officer | Senior Management | 2014 | - |
Dave Kang | Chief Marketing Officer | Senior Management | 2024 | - |
Paul Kirkpatrick | Secretary - Chief Legal Officer; Chief Legal Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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