Copart, Inc. has acquired Cycle Express, LLC, which primarily conducts business as National Powersport Auctions (NPA) for an undisclosed amount, Copart has announced.
NPA currently operates facilities in Atlanta, Cincinnati, Dallas, Philadelphia, and San Diego. The company predominantly auctions pre-owned powersports vehicles on behalf of financing companies, dealers, and manufacturers.
“We are thrilled that NPA is now part of the Copart family and believe the team’s expertise will enhance our capabilities,” said Copart’s CEO Jay Adair. “NPA is the leader in the powersports auction industry and shares our ownership mindset, commitment to challenging the norm, and focus on delivering results.”