M&A
confidence high
sentiment neutral
materiality 0.90
Mister Car Wash to be acquired by LGP affiliates for $7.00 per share in all-cash deal
Mister Car Wash, Inc.
- Principal stockholders holding ~67% have executed written consent to adopt merger agreement.
- Merger consideration of $7.00 per share cash; subject to HSR and other regulatory approvals.
- Parent secured $900M senior secured term loan facility to finance the transaction.
- Termination fees: Company pays $31.25M if superior proposal; Parent pays $51.75M under certain conditions.
- Expected closing by June 18, 2026; shares to be delisted from Nasdaq.