Leonard Green & Partners Takes Mister Car Wash Private for $7.00 Per Share

Leonard Green & Partners, L.P. (through investment funds managed by LGP) completed the all-cash acquisition of Mister Car Wash, Inc. in a take-private transaction valued at an implied $3.1 billion enterprise value. LGP acquired the remaining shares not already owned by its affiliates for $7.00 per share, and Mister Car Wash ceased trading and will be delisted from Nasdaq.