Mister Car Wash Acquired by Leonard Green | Consumer M&A Deal

Leonard Green has completed the acquisition of Mister Car Wash, a consumer other business in New York, for $7 per share. Mister Car Wash operates car wash services and related maintenance offerings for drivers across the US consumer retail market, supporting recurring, high-frequency demand. Leonard Green acquires Mister Car Wash to expand its consumer M&A footprint and pursue a going private acquisition strategy in NY acquisitions. The Leonard Green acquisitions are structured as a private equity acquisition and take-private buyout, valuing the business at about $3.1 billion and totaling $3.1 billion in deal value.