Mister Car Wash Completes Take-Private Merger, Delists from Nasdaq

summarizeSummary

Mister Car Wash, Inc. has finalized its take-private merger, resulting in the delisting of its common stock from Nasdaq and a cash payout of $7.00 per share to public shareholders.

check_boxKey Events

• Merger Consummation

  Mister Car Wash, Inc. completed its take-private merger with affiliates of Leonard Green & Partners, L.P. on May 19, 2026.

• Share Conversion and Delisting

  Each outstanding share of common stock was converted into the right to receive $7.00 in cash. The company's common stock was halted from trading on Nasdaq on May 18, 2026, and delisted on May 19, 2026.

• Management Rollover

  Certain executives exchanged shares for equity interests in the new parent entity, valued at $10,786,000, representing approximately 0.63% of the new entity's ownership.

• Executive Bonuses

  $6 million in aggregate cash bonuses were approved for certain company employees, contingent upon the merger's completion.

auto_awesomeAnalysis

This final amendment confirms the completion of Mister Car Wash's take-private merger, a definitive event for public shareholders. Their shares are converted to cash at $7.00 per share, and the company is delisting from Nasdaq, ending its public trading. The filing details the new debt financing structure and management's continued equity involvement in the private entity, along with executive bonuses tied to the merger.