As of October 16, 2026: Cox Automotive owns Manheim. Copart is a publicly traded company, and it completed its purchase of ACV Auctions on October 16, 2026; ACV now runs as an independent Copart subsidiary. RB Global (formerly Ritchie Bros.) owns IAA, after closing that deal in 2023. Carvana has owned ADESA's U.S. physical auctions since May 2022. CarMax runs CarMax Auctions. Ownership changes don't merge the auctions for dealers: each still has its own account, rules and fees.
Educational information only. This article is not legal or financial advice.
In this article
Ownership at a glance
| Auction | Owner | What it sells | CDA guide |
|---|---|---|---|
| Manheim (including OVE.com) | Cox Automotive, whose brands also include Autotrader, Dealertrack and Kelley Blue Book | Dealer-only wholesale | Manheim |
| Copart | Publicly traded company | Salvage, insurance total-loss and some clean-title vehicles | Copart |
| ACV Auctions | Copart, since Oct. 16, 2026, as an independent subsidiary with its own leadership | Online dealer-to-dealer wholesale | ACV |
| IAA (Insurance Auto Auctions) | RB Global, since 2023 | Salvage and insurance total-loss vehicles | IAA |
| ADESA (U.S. physical auctions) | Carvana, since May 2022 | Dealer-only wholesale | ADESA |
| CarMax Auctions | CarMax | Dealer-only wholesale of CarMax trade-ins | CarMax |
What it means for dealers
- Copart and ACV are still two separate auctions. ACV keeps its own dealer accounts, condition reports and arbitration policy. Copart keeps its salvage marketplace. See Copart guide and ACV insider guide.
- Rules come from the auction, not the parent company. Check each auction's arbitration, fees and buyer eligibility. See How does auction arbitration work?
- Watch for policy updates after an ownership change. Terms can change over time, so re-read them before you bid.
Frequently asked questions
Who owns Manheim auto auction?
Cox Automotive. Its brands also include Autotrader, Dealertrack and Kelley Blue Book.
Does Copart own ACV Auctions?
Yes. Copart completed its acquisition of ACV on October 16, 2026, at $10.50 per share. ACV operates as an independent Copart subsidiary under its existing leadership.
Who owns IAA?
RB Global, the company formerly called Ritchie Bros. It completed the IAA acquisition in 2023 and changed its name to RB Global.
Who owns ADESA?
Carvana has owned ADESA's U.S. physical auction business since May 2022.
Related questions
- What is OVE.com?
- Best car auction sites for new California dealers
- Can you buy from Copart without a license?
- Back to the California Dealer License FAQ
Resources
- Auto Remarketing: Copart closes acquisition of ACV (Opens in new window)
- ACV Auctions SEC filing: merger agreement with Copart (Opens in new window)
- Auto Remarketing: Ritchie Bros. rebrands as RB Global after IAA acquisition (Opens in new window)
- Cox Automotive press release (brands list) (Opens in new window)
Sources: Auto Remarketing, Oct. 16, 2026 (Opens in new window) · ACV 8-K exhibit (Opens in new window) ($10.50 per share; independent subsidiary) · Auto Remarketing, May 9, 2023 (Opens in new window) · Cox Automotive, Aug. 18, 2025 (Opens in new window) · Carvana SEC filings, 2022 (ADESA U.S.). Verified 2026-10-16.
This article is for educational purposes only. California Dealer Academy isn't affiliated with any company named. Ownership can change; this page reflects October 16, 2026.