Mister Car Wash to Go Private in $3.1 Billion LGP Purchase; Shares Jump in Premarket
Mister Car Wash Inc agreed to be acquired by majority owner Leonard Green & Partners in an all-cash transaction valuing the company at $3.1 billion. LGP, which already holds roughly 67% of outstanding shares, will buy the remaining shares for $7.00 per share, a 29% premium to the 90-day volume-weighted average through Feb. 17, 2026. The deal, appro…