Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. The company is headquartered in Dallas, Texas and currently employs 11,900 full-time employees. The company offers vehicle sellers with a full range of services to process and sell vehicles over the internet through its Virtual Bidding Third Generation (VB3) internet auction-style sales technology. The company offers a suite of vehicle remarketing services to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers vehicles via auction to dealers, dismantlers, rebuilders, exporters, and the public with operations at over 250 locations in 11 countries. The company operates in the United States (U.S.), the United Kingdom (U.K.), Germany, Brazil, Canada, the United Arab Emirates (U.A.E. ), Spain, Finland, Oman, the Republic of Ireland, and Bahrain. In the U.S., Canada, Brazil, the Republic of Ireland, Finland, the U.A.E., Oman, and Bahrain, it sells vehicles as an agent. In the U.K., Germany, and Spain, it operates both as an agent and on a principal basis.
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