Overview
- The companies signed a definitive agreement for Leonard Green & Partners to acquire the remaining public shares at $7.00 each, implying a roughly $3.1 billion enterprise value and a 29% premium to the 90-day average price.
- Closing is targeted for mid-2026, subject to customary regulatory clearances and approval by minority shareholders.
- Mister Car Wash shares rose about 16% intraday to roughly $6.98–$6.99 following the announcement.
- Coverage noted that Leonard Green’s controlling stake reduces the chance of a rival bid emerging.
- Alongside the deal, Mister Car Wash reported Q4 adjusted EPS of $0.11, revenue of $261.2 million up 4% year over year, net income of $20.1 million, and 16 new locations, bringing its footprint to over 500 sites.