This week, on June 12, Copart announced its acquisition of Cycle Express, LLC, which conducts business as National Powersport Auctions (NPA). NPA currently operates facilities in Atlanta, Cincinnati, Dallas, Philadelphia, and San Diego.
NPA 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 Chief Executive Officer 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.”
”We are very excited about teaming up with Copart,” said NPA Chief Executive Officer Cliff Clifford. “Leveraging Copart’s resources and capabilities with NPA’s industry expertise and market leadership will allow us to kick NPA into high gear. We’re looking forward to taking NPA to a whole new level of growth and success.”