June 25, 2021
Mister Car Wash, Inc., operator of over 340 car washes nationwide, has announced the pricing of its initial public offering of 37,500,000 shares of its common stock, with 31,250,000 shares being offered by Mister Car Wash and 6,250,000 shares being sold by selling stockholders, which include entities affiliated with Leonard Green & Partners, at a public offering price of US$15 per share. The shares began trading on the New York Stock Exchange on June 25, 2021 under the ticker symbol “MCW.”
Latham & Watkins LLP represents Mister Car Wash in the offering with a capital markets team led by New York partners Greg Rodgers and Benjamin Cohen and Orange County partner Drew Capurro, with New York associate Adam Johnson and Orange County associates Jacob Walsh and Trevor Yedoni. Advice was also provided on corporate matters by New York partners Howard Sobel and Paul Kukish; on tax matters by Chicago partners Joseph Kronsnoble and Rene de Vera, with Chicago associate Michael Zucker; on public company representation matters by New York counsel Ellen Smiley; on benefits & compensation matters by New York partner Austin Ozawa, with New York associates Alisa Hand and Victoria Wolfe; and on environmental matters by Orange County partner Christopher Norton.