Sep. 2 at 5:20 PM
$CPRT really pointed to wholesale, international and tech services as 3 pillars of growth. I could see
$CCC $CCCS working for its salvage busines (i.e., tech services for insurance/repair shops); but it does seem like a conflict of interest making the total loss decision for insurers/repair shops. I see the argument for and against this acqusition.
I'm biased but Jay really leaned into some "strategic actions" to accelerate its whole car biz.
$ACVA makes so much sense especially with its ACV Viper -- could really accelerate/improve the vehicle inspection process for Copart Select biz too.
CCC would be probabky
$7.5-
$8 billion EV price -- ACVA probably could get done for
$2-
$2.5 billion and leans into auction/liquidity biz. Seems right up there alley -- not sure on software biz even though it is related to insurance partners.