Cases & investigations

Cases & investigations

Mister Car Wash

Kaskela Law LLC is investigating the recently announced buyout of Mister Car Wash Mister Car Wash, Inc. (Nasdaq: MCW) shareholders to determine whether the buyout price undervalues the company’s shares and/or is otherwise unfair to investors.

February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by private equity investment firm Leonard Green & Partners L.P. (“LGP”) at a price of $7.00 per share in cash.  Following the closing of the proposed transaction, Mister Car Wash’s public shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.

Although the announcement touts the $7.00 per share price as being “a premium of 29% to the volume-weighted average price of the shares during the 90 days prior to” the announcement, that price is also (i) approximately 9% lower than the shares’ 52-week high trading price, and (ii) lower than several stock analysts’ price targets for MCW shares of (or above) $8.00 per share.

The investigation seeks to determine whether Mister Car Wash investors will be receiving sufficient financial consideration for their shares, and whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company to LGP at $7.00 per share.

Mr. Car Wash shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, by email at [email protected], or by completing the form on this page.

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