National Powersport Auctions plans further expansion, following its acquisition by Copart Inc., an online salvage and insurance auto auctions service, NPA’s Chief Operating Officer Jim Woodruff told Powersports Finance today.
“We’ve known of each other for long time, and the idea of the leader in insurance space and leader in powersports working together became very attractive,” Woodruff said. “When we looked at opportunities and synergies, we were able to come together in a way that will allow us to be bigger and better.”
The ability for National Powersport Auctions to expand its footprint and invest in other services is key, he added.
