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LGP to take Mister Car Wash private in $3.1bn deal
Leonard Green & Partners (LGP) is taking Mister Car Wash private in a $3.1 billion deal, buying out public shareholders at $7 per share. LGP, already holding 67% of shares, expects to delist the company from NASDAQ in the first half of 2026. This move aims to accelerate growth by allowing Mister Car Wash to invest more boldly in its stores, workforce, and technology, with the goal of tripling its footprint.