Mister Car Wash Files Definitive Statement for $7.00/Share Take-Private Merger by Leonard Green & Partners
MCW sits 51% above its 52-week low of $4.61.
Summary
Mister Car Wash has filed the definitive statement for its take-private merger by Leonard Green & Partners at $7.00 per share, providing full details on the transaction, financing, and fairness opinions.
Key Events · M&A and Partnerships · MCW
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Take-Private Merger Confirmed
Leonard Green & Partners will acquire Mister Car Wash for $7.00 per share in cash, taking the company private.
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Significant Transaction Value
The transaction for the public float is valued at approximately $821 million, offering a substantial premium to the unaffected share price.
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Shareholder Approval Secured
The majority shareholder, Leonard Green & Partners, holding approximately 67% of common stock, has already provided written consent, eliminating the need for a further shareholder vote.
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Committed Financing in Place
The merger is supported by a $900 million Incremental Term Facility from a syndicate of banks, ensuring funding for the transaction.
Analysis · MCW · Trade & Services
This SC 13E3 filing provides the comprehensive legal details for the previously announced take-private merger of Mister Car Wash by Leonard Green & Partners for $7.00 per share in cash. The transaction, valued at approximately $821 million for the public float, represents a significant premium to the company's stock price prior to the announcement of strategic options. The filing confirms that shareholder approval has already been secured by the majority owner, Leonard Green & Partners, holding approximately 67% of outstanding common stock, making the completion of the merger highly probable. This event offers a definitive liquidity outcome for public shareholders and will result in the company's delisting from Nasdaq.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 42.7% of the 288 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MCW was trading at $6.97 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $4.61 to $8.09. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.