Trade with Eva: Analytics in action >>

Wednesday, February 18, 2026

==Mister Car Wash (MCW) to be acquired by Leonard Green & Partners for $7.00 per share in an all-cash merger

  • Reports Q4 adjusted EPS of $0.11 beating estimates while revenue of $261.2M comes in slightly below forecasts.



Mister Car Wash to be taken private by Leonard Green & Partners for $7.00/share
  • The Co. has entered into a definitive merger agreement pursuant to which investment funds managed by Leonard Green & Partners, L.P. will purchase all of the outstanding shares of the Company's common stock that are not already owned by LGP's affiliates for $7.00 per share in cash, which implies a total enterprise value of the Company of $3.1 billion. LGP has been a long-term strategic partner to the Company since its initial investment in 2014 and is currently the beneficial owner of approximately 67% of the Company's outstanding shares of common stock.
  • All-cash transaction delivers significant and certain value to Mister Car Wash stockholders at a premium of 29% to the volume-weighted average price of Mister Car Wash's shares during the 90 days prior to and including February 17, 2026.
  • Transaction unanimously approved and recommended by a Special Committee of the Mister Car Wash Board of Directors, composed entirely of independent directors.
  • Upon completion of the transaction, Mister Car Wash's common stock will no longer be listed on Nasdaq, and Mister Car Wash will become a privately held company owned by investment funds managed by LGP.
  • The transaction is expected to close in the first half of 2026, subject to obtaining regulatory approvals and the satisfaction or waiver of other customary closing conditions.

No comments:

Post a Comment