==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.

=Signet Jewelers (SIG) reported earnings on Thur 8/25/16 (b/o)

Signet Jewelers misses by $0.32, misses on revs; guides Q3 EPS below consensus; lowers FY17 guidance :

• Reports Q2 (Jul) earnings of $1.14 per share, excluding non-recurring items, $0.32 worse than the Capital IQ Consensus of $1.46; revenues fell 0.8% year/year to $1.4 bln vs the $1.44 bln Capital IQ Consensus.
  • Same store sales down 2.3% vs. guidance between +1-2%
• Co issues downside guidance for Q3, sees EPS of $0.17-0.25, excluding non-recurring items, vs. $0.50 Capital IQ Consensus Estimate. Sees same store sales growth between (5.0%) to (3.0%)
• Co lowers guidance for FY17, sees EPS of $7.25-7.55 (prior $8.25-8.55), excluding non-recurring items, vs. $8.23 Capital IQ Consensus Estimate. Sees same store sales growth between (2.4%) to (1.0%)
• On track to deliver cumulative synergies of $158 mln to $175 mln by end of this fiscal year and $225 mln to $250 mln by end of next fiscal year.
• "We are disappointed by our Q2 results and market conditions have been challenging particularly in the energy-dependent regions. This has contributed to a downward revision in our annual guidance."
• Leonard Green & Partners committed to a $625 mln convertible preferred investment in Signet.