Leonard Green & Partners, L.P.

Company

Last mentioned: Feb 24, 2026

Timeline

  1. Investigation Launched

    BFA Law announces formal investigation into the board of directors and LGP regarding fiduciary duties.

  2. Take-Private Announcement

    Mister Car Wash announces agreement to be acquired by LGP for $7.00 per share.

Stories mentioning Leonard Green & Partners, L.P. 2

regulation Neutral

Mister Car Wash Board Investigated Over $7.00 Take-Private Deal with LGP

Mister Car Wash, Inc. (MCW) is under investigation by Bleichmar Fonti & Auld LLP for potential breaches of fiduciary duties related to its proposed $7.00 per share take-private acquisition by Leonard Green & Partners. The investigation centers on whether the board and its controlling shareholder, which owns over 66% of the company, prioritized their own interests over those of minority stockholders by accepting an unfairly low valuation.

2 sources
corporate-law Neutral

Mister Car Wash Board Under Investigation Over $7 Per Share Take-Private Deal

Bleichmar Fonti & Auld LLP has launched an investigation into the board of Mister Car Wash, Inc. following a $7 per share take-private offer from majority shareholder Leonard Green & Partners. The probe focuses on potential breaches of fiduciary duty and whether the deal undervalues the company to the detriment of minority shareholders.

2 sources