Mister Car Wash (MCW) Soars 16% on $3.1-Billion Private Takeover

We recently published 10 Market Winners With Stunning Gains. Mister Car Wash Inc. (NASDAQ:MCW) was one of the best performers on Wednesday.

Mister Car Wash extended its winning streak to a third straight day on Wednesday, jumping 16.14 percent to finish at $6.98 apiece as investors snapped up shares following announcements that it is set to be taken private by its largest shareholder for $3.1 billion.

In a statement, Mister Car Wash Inc. (NASDAQ:MCW) said that its Leonard Green & Partners (LGP)—which owns approximately 67 percent of the company—would acquire all of its outstanding shares at a price of $7 apiece. The purchase price represents a 16 percent premium from its closing price of $6.01 on Tuesday, or prior to the merger announcement.

“Taking our company private will help us accelerate our growth by investing more boldly in our stores, our people, and our technologies to capture the multiple opportunities ahead. Most importantly, it brings us closer to fulfilling our vision of tripling our footprint while staying true to the values and mission that got us here,” Mister Car Wash Inc. (NASDAQ:MCW) CEO John Lai said.

The transaction is expected to be completed in the first half of 2026, subject to regulatory and minority shareholders’ approval.

In other news, Mister Car Wash Inc. (NASDAQ:MCW) reported an impressive earnings performance in the fourth quarter and full-year period of 2025.

Net income last year jumped by 47 percent to $103 million from $70 million in 2024, while revenues grew by 5.7 percent to $1.05 billion from $994.7 million.

In the fourth quarter alone, net profit soared by 119 percent to $20.07 million from $9.17 million, while revenues grew by 4 percent to $261 million from $251 million.

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Disclosure: None. This article is originally published at Insider Monkey.