NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) -- Mister Car Wash, one of the largest car wash companies in the United States, has successfully transformed its frontline employee experience by partnering with Staffbase, a leading provider of employee communication platforms. Through the launch of its branded app, Mister Connect, the company has established a single source of truth for its 7,000+ employees across more than 550 locations in 23 states.
Before introducing Mister Connect, Mister Car Wash relied on an office-bound SharePoint site accessible only to management. For the roughly 5,000 hourly, frontline team members without corporate email accounts, information access was fragmented and critical updates were often shared verbally. The people closest to the customer had the least direct access to the information they needed to do their jobs.
“Before Mister Connect, we had a SharePoint site available to managers and above. It was very limited—it was essentially a document repository," said Rosie Cayetano, Senior Manager of Communications at Mister Car Wash. "We have thousands of employees that are not managers, that are not in offices, and before Mister Connect, we really were limited in how we were able to communicate with them.”
By launching Mister Connect on the Staffbase platform, Mister Car Wash introduced a mobile-first solution engineered specifically for the fast-paced nature of field operations. The strategy prioritized regional and general managers, giving them ownership of localized channels, while offering executive leadership a direct line to engage openly with the workforce.
"Reaching a 93% active adoption across a highly distributed, deskless workforce is a real achievement and a level of frontline reach we’re proud to help our customers deliver," said Dave Maffei, GM, Global Markets at Staffbase. "By giving the Mister Car Wash team a single source of truth, direct access to the tools and information they need, and a clear line to leadership, we’ve helped turn day-to-day communication into operational efficiency. We’re excited to keep partnering with them as they continue to innovate and bring next-generation, AI-driven communication to their teams."
Key Operational and Strategic Impacts Include:
Operational Clarity at Scale: Replaces communication noise with bite-sized, practical, and highly relevant updates that optimize daily business decisions, safety compliance, and throughput.Mobile-First Inclusivity: Connects deskless employees seamlessly to site benefits, company updates, and critical operational data without infringing on off-the-clock boundaries.Data-Driven Communication: Leverages internal engagement analytics to refine content strategy continuously, ensuring corporate messaging remains practical and targeted.Visible Leadership: Deepens organizational trust and aligns corporate culture through active executive participation, posting, and commenting within the app. Mister Car Wash is already deepening its partnership with Staffbase with AI built for the realities of frontline work. An integrated AI companion recently in deployment lets busy field leaders surface immediate, contextual answers drawn from trusted, governed internal content, putting reliable information directly in the hands of the people doing the work.
Read the full case study here: staffbase.com/customers/mister-car-wash
About Mister Car Wash
Headquartered in Tucson, Arizona, Mister Car Wash operates over 550 car wash locations across 23 states. With a dedicated workforce of more than 7,000 employees, the company is built on a foundation of hospitality, operational excellence, and a people-first philosophy. Mister Car Wash focuses on delivering a high-quality wash experience and exceptional customer service every day.
About Staffbase
Staffbase is the first AI-native Employee Experience Platform. It puts the power of AI in every employee’s hands — especially those currently disconnected on the front lines. With Employee AI, Staffbase brings together communications, IT, and HR to reimagine how people and organizations work together.
More than 1500 enterprise customers — including Adidas, Alaska Airlines, DHL, MAN Truck & Bus, and Whataburger — use Staffbase to inspire their people and help them deliver their best work.
Staffbase connects companies with employees everywhere through a branded employee app, intranet, email, SMS, digital signage, and Microsoft 365 integrations — and now through new agentic experiences such as personalized podcasts and a conversational assistant — all powered by a single platform with an end-to-end AI foundation.
Staffbase was named a Leader for the third consecutive year in the 2025 Gartner® Magic Quadrant™ for Intranet Packaged Solutions and is also recognized by G2 as a Leader for Employee Intranets. The company is headquartered in New York City and Chemnitz, Germany.
A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88f7ee99-3d9c-4b23-9d9c-d7f0628f2ca9
How Mister Car Wash keeps 550+ locations running through one trusted platform How do you keep 7,000+ frontline employees across 550+ locations perfectly aligned? You build a sing...
NEW YORK, April 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 10, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 13, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Freestone Capital Holdings LLC acquired a new stake in Mister Car Wash, Inc. (NYSE:MCW – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 324,472 shares of the company’s stock, valued at approximately $1,804,000. Freestone Capital Holdings LLC owned 0.10% of Mister Car Wash at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the company. Pallas Capital Advisors LLC acquired a new stake in shares of Mister Car Wash in the fourth quarter worth approximately $81,000. SG Americas Securities LLC lifted its stake in shares of Mister Car Wash by 8.0% in the 4th quarter. SG Americas Securities LLC now owns 46,613 shares of the company’s stock valued at $259,000 after purchasing an additional 3,438 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Mister Car Wash by 249.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 54,165 shares of the company’s stock valued at $318,000 after purchasing an additional 38,660 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Mister Car Wash by 65.4% in the 4th quarter. GAMMA Investing LLC now owns 11,156 shares of the company’s stock valued at $62,000 after buying an additional 4,412 shares during the period. Finally, Tudor Investment Corp ET AL raised its holdings in shares of Mister Car Wash by 24.2% in the 3rd quarter. Tudor Investment Corp ET AL now owns 1,209,493 shares of the company’s stock valued at $6,447,000 after buying an additional 235,817 shares during the period.
Analysts Set New Price Targets Several equities research analysts recently issued reports on MCW shares. Mizuho reiterated a “neutral” rating and issued a $7.00 price objective (down from $8.00) on shares of Mister Car Wash in a report on Wednesday, February 18th. Raymond James Financial downgraded Mister Car Wash from a “moderate buy” rating to a “hold” rating in a report on Friday, February 20th. Morgan Stanley set a $7.00 price objective on Mister Car Wash in a report on Thursday, February 19th. William Blair downgraded Mister Car Wash from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company cut Mister Car Wash from an “overweight” rating to an “equal weight” rating and set a $7.00 price objective for the company. in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $7.10.
Read Our Latest Stock Analysis on MCW
Mister Car Wash Stock Up 0.1% MCW opened at $7.00 on Wednesday. The business has a 50 day simple moving average of $6.80 and a 200-day simple moving average of $5.90. The stock has a market capitalization of $2.30 billion, a P/E ratio of 31.82, a P/E/G ratio of 1.65 and a beta of 1.37. Mister Car Wash, Inc. has a 12 month low of $4.61 and a 12 month high of $7.98. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.53 and a quick ratio of 0.24.
Mister Car Wash (NYSE:MCW – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $261.24 million during the quarter, compared to analysts’ expectations of $262.35 million. Mister Car Wash had a return on equity of 10.49% and a net margin of 7.06%.Mister Car Wash’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 earnings per share. On average, equities analysts anticipate that Mister Car Wash, Inc. will post 0.33 earnings per share for the current fiscal year.
About Mister Car Wash (Free Report)
Mister Car Wash, traded on the NYSE under the ticker MCW, is a leading provider of vehicle cleaning services in the United States. The company specializes in a tiered range of wash offerings, including express exterior washes, full-service interior and exterior cleaning, and premium detailing services. In addition to one-time washes, Mister Car Wash markets unlimited monthly membership plans that grant customers access to recurring washes at participating locations.
Founded in 1969 and headquartered in Houston, Texas, Mister Car Wash has grown from a single facility to one of the largest car wash chains in the country.
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NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating claims on behalf of investors in Mister Car Wash, Inc. (NASDAQ: MCW) concerning the offer to acquire Mister Car Wash by its controlling shareholder, Leonard Green & Partners, L.P. (LGP). Under the terms of the acquisition, Mister Car Wash shareholders will receive $7.00 per share in cash.
LGP is Mister Car Wash’s controlling shareholder and holds 67% of Mister Car Wash’s shares. Importantly, the transaction is not conditioned on approval by a majority of Mister Car Wash’s minority stockholders. As a result, the deal will not be subject to a public stockholder vote.
In addition, the $7.00 per share deal price was below Mister Car Wash’s 52-week high stock price of $8.60 per share, and below the average and high Street price targets of $7.04 and $11.00 per share, respectively.
Wolf Popper is investigating claims on behalf of investors in Mister Car Wash concerning the proposed transaction. Investors seeking more information about the transaction or Wolf Popper’s investigation can contact Carl Stine at (212) 451-9631 or [email protected].
Wolf Popper has extensive experience representing investors in mergers and acquisition investigations and lawsuits. Wolf Popper was recently awarded one of Chambers and Partners’ USA Spotlight Guide top rankings for the third consecutive year. Eleven Wolf Popper attorneys were named Super Lawyers or Rising Stars in the 2025 Super Lawyers New York City Metro Edition. Wolf Popper recently had nine attorneys named to the 2026 Lawdragon 500 Leading Plaintiff Financial Lawyers, including Carl Stine for his work in M&A Litigation. View Wolf Popper attorney biographies at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee a Similar Outcome.
Wolf Popper LLP
570 Lexington Avenue
New York, NY 10022
Telephone: (212) 451-9631
NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Julie & Holleman LLP, a preeminent shareholder rights firm, is investigating the proposed $7 per share buyout of Mister Car Wash, Inc. (NASDAQ: MCW) by the company’s largest shareholder, private equity firm Leonard Green & Partners. The deal, which does not require public shareholder approval, is expected to close soon.
For a free consultation, please visit https://julieholleman.com/mister-car-wash-inc/. You may also contact partner Scott Holleman at (929) 415-1020 or by email at [email protected].
Before the merger was announced, Leonard Green already owned approximately two-thirds of Mister Car Wash’s stock. Pursuant to the deal, Leonard Green proposes will buy the remaining outstanding shares for just $7 per share, which implies a total value for the company of approximately $3.1 billion.
Julie & Holleman, whose attorneys have helped secure hundreds of millions of dollars in prior cases, is pursuing potential legal claims based on the apparent unfairness of the deal. The firm is concerned about conflicts arising from the fact that key insiders are continuing on with the company while public stockholders are being cashed out for a price that may be well below the company’s true value. Julie & Holleman is also concerned by the fact that Mister Car Wash’s board of directors is not submitting the deal for public shareholder approval. Instead, Leonard Green has approved the deal on its own, without a public shareholder vote.
Please visit https://julieholleman.com/mister-car-wash-inc/, or contact partner Scott Holleman at (929) 415-1020 or [email protected] for more information.
FIRM INFORMATION
Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm’s attorneys litigate in state and federal courts across the nation and have helped secure hundreds of millions of dollars for aggrieved companies and their shareholders. For more information about the firm, please visit www.julieholleman.com. This notice may constitute attorney advertising.
Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com
NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Net revenues increased 6%
Comparable-store sales increased 3.9%
Unlimited Wash Club® (“UWC”) memberships increased 11%
Opened 2 new greenfield locations
TUCSON, Ariz., April 29, 2026 (GLOBE NEWSWIRE) -- Mister Car Wash, Inc. (the “Company”) (Nasdaq: MCW), the nation’s leading car wash brand, today announced its financial results for the quarter ended March 31, 2026.
First Quarter 2026 Highlights:
Net revenues increased 6% to $277.9 million, up from $261.7 million in the first quarter of 2025.Comparable-store sales increased 3.9% during the quarter.UWC sales represented 76% of total wash sales compared to 73% in the first quarter of 2025.Ended the quarter with approximately 2.5 million UWC members, representing a year-over-year increase of 241 thousand members or 11%.Opened 2 new greenfield locations, bringing the total net number of car wash locations operated to 549 as of March 31, 2026, an increase of 6% compared to 518 car wash locations as of March 31, 2025.Net income increased 26.7% to $34.2 million from $27.0 and net income per diluted share increased 25.5% to $0.10 from $0.08.Adjusted net income(1) and adjusted net income per diluted share(1) were $44.3 million and $0.13, respectively.Adjusted EBITDA(1) increased 13% to $96.7 million from $85.6 million in the first quarter of 2025.
(1) Adjusted net income, adjusted EBITDA and adjusted net income per diluted share are non-GAAP financial measures. See Use of Non-GAAP Financial Measures and GAAP to Non-GAAP Reconciliations disclosures included below in this press release.
Location Count
Three Months Ended March 31, 2026 2025 Beginning location count 548 514 Greenfield locations opened 2 4 Closures (1) — Ending location count 549 518
Balance Sheet and Cash Flow Highlights:
As of March 31, 2026, cash and cash equivalents totaled $54.6 million, compared to $28.5 million as of December 31, 2025. There were no borrowings under the Company’s Revolving Commitment as of March 31, 2026 and December 31, 2025.Net cash provided by operating activities totaled $79.7 million compared to $87.6 million for the three months ended March 31, 2026 and 2025, respectively.Free cash flow(2) totaled $33.0 million compared to $32.5 million for the three months ended March 31, 2026 and 2025, respectively.Free cash flow excluding growth capital expenditures(2) totaled $74.1 million compared to $77.1 million for the three months ended March 31, 2026 and 2025, respectively. (2) Free cash flow and free cash flow excluding growth capital expenditures are non-GAAP financial measures. See Use of Non-GAAP Financial Measures and GAAP to Non-GAAP Reconciliations disclosures included below in this press release.
Sale-Leasebacks and Rent Expense:
In the first quarter of 2026, the Company had no sale-leaseback transactions.With 493 car wash leases as of March 31, 2026, versus 474 car wash leases as of March 31, 2025, rent expense increased 7% to $31.8 million, compared to the first quarter of 2025. Conference Call Details
In light of the separately announced transaction with Leonard Green & Partners, the Company will not be hosting an earnings conference call to discuss the Company’s financial results for the first quarter of fiscal 2026.
About Mister Car Wash® | Inspiring People to Shine®
Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (Nasdaq: MCW) operates approximately 550 locations and has the largest car wash subscription program in North America. With a passionate team of professionals, advanced technology, and a commitment to exceptional customer experiences, Mister Car Wash is dedicated to providing a clean, shiny, and dry vehicle every time. The Mister brand is deeply rooted in delivering quality service, fostering friendliness, and demonstrating a genuine commitment to the communities it serves while prioritizing responsible environmental practices and resource management. To learn more, visit www.mistercarwash.com.
Use of Non-GAAP Financial Measures
This press release includes references to non-GAAP financial measures, including adjusted EBITDA, adjusted net income, adjusted net income per diluted share, free cash flow, and free cash flow excluding growth capital expenditures (the “Company’s Non-GAAP Financial Measures”). These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may be different from similarly titled non-GAAP financial measures used by other companies. In addition, the Company’s Non-GAAP Financial Measures should be read in conjunction with the Company’s financial statements prepared in accordance with GAAP. The reconciliations of the Company’s Non-GAAP Financial Measures to the corresponding GAAP measures should be carefully evaluated.
Adjusted EBITDA is defined as net income before interest expense, net, income tax provision, depreciation and amortization expense, (gain) loss on sale of assets, net, stock-based compensation expense and related taxes, acquisition expenses, non-cash rent expense, debt refinancing costs, and other nonrecurring charges.
Adjusted net income is defined as net income before (gain) loss on sale of assets, net, stock-based compensation expense, acquisition expenses, debt refinancing costs, other nonrecurring charges, income tax impact of stock award exercises and the tax impact of adjustments to net income. Adjusted net income per share is defined as basic net income per share before (gain) loss on sale of assets, net, stock-based compensation expense and related taxes, acquisition expenses, loss on extinguishment of debt, other nonrecurring charges, income tax impact of stock award exercises and the tax impact of adjustments to basic net income per share. Adjusted net income per diluted share is defined as diluted net income per share before (gain) loss on sale of assets, net, stock-based compensation expense, acquisition expenses, debt refinancing costs, other nonrecurring charges, income tax impact of stock award exercises and the tax impact of adjustments to basic net income per share.
Free cash flow is defined as net cash provided by operating activities less purchases of property and equipment in a period. Free cash flow excluding growth capital expenditures is defined as operating cash flows less purchases of maintenance property and equipment. Free cash flow includes the impact of capital expenditures, providing a supplemental view of cash generation. Free cash flow excluding growth capital expenditures includes purchases of maintenance property and equipment, which are uses of cash that are necessary to maintain the Company's existing business operations, including its washes and support functions. Free cash flow excluding growth capital expenditures provides a supplemental view of cash flow generation before investments in growth capital, which expand future business operations, including the opening or improvement of washes and service capabilities. Free cash flow and free cash flow excluding growth capital expenditures have certain limitations, including that they do not reflect adjustments for certain non-discretionary cash expenditures, such as debt repayments or payments made for business acquisitions.
Management believes the Company’s Non-GAAP Financial Measures assist investors and analysts in comparing the Company’s operating performance across reporting periods on a consistent basis by excluding items that management does not believe are indicative of the Company’s ongoing operating performance. Investors are encouraged to evaluate these adjustments and the reasons the Company considers them appropriate for supplemental analysis. In evaluating the Company’s Non-GAAP Financial Measures, investors should be aware that in the future the Company may incur expenses that are the same as or similar to some of the adjustments in the Company’s presentation of the Company’s Non-GAAP Financial Measures. There can be no assurance that the Company will not modify the presentation of the Company’s Non-GAAP Financial Measures in future periods, and any such modification may be material.
Management believes that the Company’s Non-GAAP Financial Measures are helpful in highlighting trends in the Company’s core operating performance compared to other measures, which can differ significantly depending on long-term strategic decisions regarding capital structure, the tax jurisdictions in which the Company operates, and capital investments. Management also uses adjusted EBITDA in connection with establishing discretionary annual incentive compensation; to supplement U.S. GAAP measures of performance in the evaluation of the effectiveness of the Company’s business strategies; to make budgeting decisions, and because the Company’s credit agreement uses measures similar to adjusted EBITDA to measure the Company’s compliance with certain covenants.
The Company’s Non-GAAP Financial Measures have limitations as analytical tools, and investors should not consider these measures in isolation or as substitutes for analysis of the Company’s results as reported under U.S. GAAP. Some of these limitations include, for example, adjusted EBITDA does not reflect: the Company’s cash expenditure or future requirements for capital expenditures or contractual commitments; the Company’s cash requirements for the Company’s working capital needs; the interest expense and the cash requirements necessary to service interest or principal payments on the Company’s debt, cash requirements for replacement of assets that are being depreciated and amortized, and the impact of certain cash charges or cash receipts resulting from matters management does not find indicative of the Company’s ongoing operations. Free cash flow and discretionary free cash flow also have certain limitations, including that they do not reflect adjustments for certain non-discretionary cash expenditures, such as mandatory debt repayments or payments made for business acquisitions.
Consolidated Statements of Operations and Comprehensive Income
(Amounts in thousands, except share and per share data)
(Unaudited)
Three Months Ended March 31, 2026 2025 Net revenues$277,913 $261,656 Costs and expenses Cost of labor and chemicals 76,702 74,252 Other store operating expenses 113,319 109,667 General and administrative 28,756 24,659 Loss on sale of assets, net 125 111 Total costs and expenses 218,902 208,689 Operating income 59,011 52,967 Other expense Interest expense, net 12,283 16,023 Total other expense 12,283 16,023 Income before taxes 46,728 36,944 Income tax provision 12,546 9,944 Net income$34,182 $27,000 Other comprehensive income, net of tax Gain on interest rate swap 785 — Total comprehensive income$34,967 $27,000 Earnings per share Basic$0.10 $0.08 Diluted$0.10 $0.08 Weighted-average common shares outstanding Basic 328,477,910 324,200,282 Diluted 334,309,927 331,479,048 Consolidated Statements of Cash Flows
(Amounts in thousands)
(Unaudited)
Three Months Ended March 31, 2026 2025 Cash flows from operating activities Net income$34,182 $27,000 Adjustments to reconcile net income to net cash provided by operating activities Depreciation and amortization expense 23,434 20,917 Stock-based compensation expense 6,838 6,843 Loss on sale of assets, net 125 111 Amortization of deferred debt issuance costs 262 285 Non-cash lease expense 14,652 13,535 Deferred income tax 10,978 7,484 Changes in assets and liabilities Accounts receivable, net (211) 354 Other receivables (2,069) 1,965 Inventory, net 430 490 Prepaid expenses and other current assets (315) 2,356 Accounts payable (2,002) 5,677 Accrued expenses 4,069 10,480 Deferred revenue 1,821 1,266 Operating lease liability (12,791) (11,604)Other noncurrent assets and liabilities 257 391 Net cash provided by operating activities$79,660 $87,550 Cash flows from investing activities Purchases of property and equipment (46,686) (55,081)Proceeds from sale of property and equipment 187 120 Net cash used in investing activities$(46,499) $(54,961) Cash flows from financing activities Proceeds from issuance of common stock under employee plans 372 1,587 Payments on debt borrowings (7,000) (62,307)Principal payments on finance lease obligations (212) (193)Net cash used in financing activities$(6,840) $(60,913) Net change in cash and cash equivalents, and restricted cash during period 26,321 (28,324)Cash and cash equivalents, and restricted cash at beginning of period 28,511 67,612 Cash and cash equivalents, and restricted cash at end of period$54,832 $39,288 Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets Cash and cash equivalents 54,627 39,133 Restricted cash, included in prepaid expenses and other current assets 205 155 Total cash, cash equivalents, and restricted cash$54,832 $39,288 Supplemental disclosure of cash flow information Cash paid for interest$12,327 $7,032 Cash paid for income taxes$40 $60 Supplemental disclosure of non-cash investing and financing activities Property and equipment in accounts payable$5,833 $11,416 Property and equipment accrued in other accrued expenses$4,453 $4,223 Stock option exercise proceeds in other receivables$— $113 Consolidated Balance Sheets
(Amounts in thousands, except share and per share data)
(Unaudited)
As of March 31, 2026 December 31, 2025 Assets Current assets Cash and cash equivalents$54,627 $28,450 Accounts receivable, net 850 639 Other receivables 17,554 15,485 Inventory, net 5,054 5,485 Prepaid expenses and other current assets 10,700 9,619 Total current assets 88,785 59,678 Property and equipment, net 930,371 914,022 Operating lease right of use assets, net 930,870 942,664 Other intangible assets, net 110,385 110,822 Goodwill 1,134,830 1,134,830 Other assets 10,801 11,122 Total assets$3,206,042 $3,173,138 Liabilities and stockholders’ equity Current liabilities Accounts payable$25,742 $27,824 Accrued payroll and related expenses 27,116 25,074 Other accrued expenses 36,709 41,540 Current maturities of operating lease liability 54,543 53,625 Current maturities of finance lease liability 903 879 Deferred revenue 37,725 35,904 Total current liabilities 182,738 184,846 Long-term debt, net 790,043 796,893 Operating lease liability 895,298 906,371 Financing lease liability 12,109 12,344 Deferred tax liabilities, net 148,787 137,547 Other long-term liabilities 1,877 2,124 Total liabilities 2,030,852 2,040,125 Stockholders’ equity Common stock, $0.01 par value, 1,000,000,000 shares authorized,
328,685,816 and 328,282,533 shares outstanding as of
March 31, 2026 and December 31, 2025, respectively 3,292 3,288 Additional paid-in capital 869,301 862,095 Accumulated other comprehensive income (loss) 492 (293)Retained earnings 302,105 267,923 Total stockholders’ equity 1,175,190 1,133,013 Total liabilities and stockholders’ equity$3,206,042 $3,173,138 GAAP to Non-GAAP Reconciliations
(Amounts in thousands, except share and per share data)
(Unaudited)
Three Months Ended March 31, 2026 2025 Reconciliation of net income to adjusted EBITDA Net income$34,182 $27,000 Interest expense, net 12,283 16,023 Income tax provision 12,546 9,944 Depreciation and amortization expense 23,434 20,917 Loss on sale of assets, net 125 111 Stock-based compensation expense 6,932 7,116 Acquisition expenses 864 1,414 Non-cash rent expense 1,819 1,966 Other 4,478 1,158 Adjusted EBITDA$96,663 $85,649 Three Months Ended March 31, 2026 2025 Reconciliation of net income to adjusted net income Net income$34,182 $27,000 Loss on sale of assets, net 125 111 Stock-based compensation expense 6,932 7,116 Acquisition expenses 864 1,414 Other 4,478 1,158 Income tax impact of stock award exercises 229 328 Tax impact of adjustments to net income (2,548) (2,078)Adjusted net income$44,262 $35,049 Diluted adjusted net income per Share$0.13 $0.11 Adjusted weighted-average common shares outstanding - diluted 334,309,927 331,479,048 Three Months Ended March 31, 2026 2025 Free cash flow Net cash provided by operating activities$79,660 $87,550 Adjustments: Purchases of property and equipment (46,686) (55,081)Free cash flow$32,974 $32,469 Three Months Ended March 31, 2026 2025 Free cash flow excluding growth capital expenditures Net cash provided by operating activities$79,660 $87,550 Adjustments: Purchases of maintenance property and equipment (5,542) (10,461)Free cash flow excluding growth capital expenditures$74,118 $77,089
Mister Car Wash came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +13.04%. A quarter ago, it was expected that this car wash operator would post earnings of $0.1 per share when it actually produced earnings of $0.11, delivering a surprise of +10%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Mister Car Wash, which belongs to the Zacks Automotive - Replacement Parts industry, posted revenues of $277.91 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $261.66 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Mister Car Wash shares have added about 27.3% since the beginning of the year versus the S&P 500's gain of 4.3%.
What's Next for Mister Car Wash?While Mister Car Wash has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Mister Car Wash was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $284.49 million in revenues for the coming quarter and $0.48 on $1.12 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Replacement Parts is currently in the bottom 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, LKQ (LKQ - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on April 30.
This vehicle components company is expected to post quarterly earnings of $0.67 per share in its upcoming report, which represents a year-over-year change of -15.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
LKQ's revenues are expected to be $3.42 billion, down 1.3% from the year-ago quarter.
NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP notifies stockholders of Mister Car Wash, Inc. (NASDAQ: MCW) that new details have emerged related to BFA Law’s ongoing investigation into the company’s board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with the pending take-private sale of Mister Car Wash that is slated to cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC form 10-k) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is conducting an ongoing investigation into Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
On April 3, 2026, Mister Car Wash filed new disclosures with the SEC on Schedule 13E-3. In that form, the company revealed the members of the special committee that negotiated the terms of the transaction on behalf of the company. BFA Law’s investigation has identified potential deficiencies in the independence of those special committee members. Mister Car Wash also revealed new details about the background of how the transaction was negotiated. BFA Law is continuing to investigate whether Mister Car Wash’s management conducted a sufficient sales process in light of this new information—including into whether the company ever genuinely considered alternative purchasers aside from LGP.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
, /PRNewswire/ -- Mister Car Wash, Inc. (the "Company" or "Mister Car Wash") (Nasdaq: MCW), the nation's leading car wash brand, today announced the successful completion of its acquisition by investment funds managed by Leonard Green & Partners, L.P. ("LGP") in an all-cash transaction which implies a total enterprise value of the Company of $3.1 billion.
"We are excited for the next phase of growth and going private gives us greater flexibility to continue investing behind providing a superior customer experience," said John Lai, Chairman and CEO of Mister Car Wash. "We couldn't be more excited about the opportunity to partner with Leonard Green during this next phase. They have been a great partner since 2014 and understand the business and industry deeply."
As a result of the transaction, members of management rolled over some of their ownership of the Company and LGP acquired all of the other outstanding shares of the Company's common stock that were not already owned by LGP's affiliates for $7.00 per share in cash.
Mister Car Wash's common stock has ceased trading and will be delisted from Nasdaq.
Advisors
BofA Securities Inc. and Centerview Partners LLC acted as financial advisors and Morris, Nichols, Arsht & Tunnell LLP acted as legal counsel to the Special Committee of the Mister Car Wash Board of Directors. Latham & Watkins LLP acted as legal counsel to Mister Car Wash while Jefferies LLC acted as financial advisor and Simpson Thacher & Bartlett LLP acted as legal counsel to LGP.
About Mister Car Wash
Headquartered in Tucson, Arizona, Mister Car Wash operates approximately 550 locations and has the largest car wash subscription program in North America. With a passionate team of professionals, advanced technology, and a commitment to exceptional customer experiences, Mister Car Wash is dedicated to providing a clean, shiny, and dry vehicle every time. The Mister brand is deeply rooted in delivering quality service, fostering friendliness, and demonstrating a genuine commitment to the communities it serves while prioritizing responsible environmental practices and resource management. To learn more, visit www.mistercarwash.com.
About Leonard Green & Partners
LGP is a leading private equity investment firm founded in 1989 and based in Los Angeles with over $85 billion of assets under management. The firm partners with experienced management teams and often with founders to invest in market-leading companies. The firm primarily focuses on services, including consumer, healthcare, and business services, as well as distribution and industrials. For more information, please visit www.leonardgreen.com.
Mister Car Wash Announces Completion of Take-Private by Leonard Green & Partners PR Newswire
TUCSON, Ariz., May 19, 2026
, /PRNewswire/ -- Mister Car Wash, Inc. (the "Company" or "Mister Car Wash") (Nasdaq: MCW), the nation's leading car wash brand, today announced the successful completion of its acquisition by investment funds managed by Leonard Green & Partners, L.P. ("LGP") in an all-cash transaction which implies a total enterprise value of the Company of $3.1 billion.
"We are excited for the next phase of growth and going private gives us greater flexibility to continue investing behind providing a superior customer experience," said John Lai, Chairman and CEO of Mister Car Wash. "We couldn't be more excited about the opportunity to partner with Leonard Green during this next phase. They have been a great partner since 2014 and understand the business and industry deeply."
As a result of the transaction, members of management rolled over some of their ownership of the Company and LGP acquired all of the other outstanding shares of the Company's common stock that were not already owned by LGP's affiliates for $7.00 per share in cash.
Mister Car Wash's common stock has ceased trading and will be delisted from Nasdaq.
Advisors
BofA Securities Inc. and Centerview Partners LLC acted as financial advisors and Morris, Nichols, Arsht & Tunnell LLP acted as legal counsel to the Special Committee of the Mister Car Wash Board of Directors. Latham & Watkins LLP acted as legal counsel to Mister Car Wash while Jefferies LLC acted as financial advisor and Simpson Thacher & Bartlett LLP acted as legal counsel to LGP.
About Mister Car Wash
Headquartered in Tucson, Arizona, Mister Car Wash operates approximately 550 locations and has the largest car wash subscription program in North America. With a passionate team of professionals, advanced technology, and a commitment to exceptional customer experiences, Mister Car Wash is dedicated to providing a clean, shiny, and dry vehicle every time. The Mister brand is deeply rooted in delivering quality service, fostering friendliness, and demonstrating a genuine commitment to the communities it serves while prioritizing responsible environmental practices and resource management. To learn more, visit www.mistercarwash.com.
About Leonard Green & Partners
LGP is a leading private equity investment firm founded in 1989 and based in Los Angeles with over $85 billion of assets under management. The firm partners with experienced management teams and often with founders to invest in market-leading companies. The firm primarily focuses on services, including consumer, healthcare, and business services, as well as distribution and industrials. For more information, please visit www.leonardgreen.com.
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, /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced it will once again serve as the title sponsor of Audaxity, returning for the second annual fundraising bicycle ride in 2026 after supporting the event's inaugural year.
Audaxity brings together riders, cancer survivors, caregivers and community members to raise critical funds for cancer research at the Medical College of Wisconsin (MCW) Cancer Center. With 100% of funds raised staying local, the event plays a meaningful role in advancing research that is improving outcomes for adult, pediatric and rare cancer patients across the region and the country.
"Returning as the title sponsor of Audaxity reflects our deep commitment to the communities we serve and to advancing lifesaving research close to home," said Jayne Hladio, president of Associated Bank Private Wealth and Associated's internal Audaxity champion. "This ride is about more than miles, it's about impact. Every dollar raised stays here in our community, supporting researchers at the Medical College of Wisconsin Cancer Center whose work is making real progress for families facing cancer in Wisconsin and far beyond."
Audaxity hosted its first ride in August 2025, drawing 1,074 participants, including 112 cancer survivors, across 111 teams made up of local businesses, community groups and individuals. Together, they rode 12,796 miles and raised more than $1 million to support local cancer research efforts. The event's name combines "audacity," representing bold determination, and "audax," a long-distance cycling challenge, to capture the spirit of riders committed to pushing boundaries for a greater cause.
"This partnership enables us to move faster with cancer research, from discovery to delivery of new treatments for patients," said Dr. Gustavo Leone, director of the MCW Cancer Center and senior associate dean of cancer research. "Audaxity and Associated are not only helping fund critical research, but they are also rallying the community around a shared purpose. That combination of resources and collective commitment is what drives meaningful progress against cancer and brings hope to patients and their families."
This year's Audaxity bike ride will take place on Sunday, August 2 at American Family Field, offering five ride courses of varying lengths and difficulty, as well as a flexible virtual participation option to make it accessible for individuals of all abilities and locations. A "Rev Up" event will take place on Friday evening, creating an opportunity for participants and supporters to celebrate the mission and get energized for the ride ahead.
The continued partnership between Associated and the MCW Cancer Center underscores a shared commitment to accelerating cancer research while building a strong, supportive community around those impacted by the disease. Through Associated's sponsorship of Audaxity, the MCW Cancer Center is putting the funds directly to work by bringing together researchers and clinicians to tackle cancer's toughest challenges, training the next generation of scientists and expanding access to lifesaving discoveries so more families, both here in Wisconsin and beyond, can benefit.
To learn more, sign up to ride, or volunteer, visit audaxity.org.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of approximately $50 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri and Nebraska. The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com
Media Contact:
Andrea Kozek
VP/Senior Manager, Public Relations
920-491-7518
View original content to download multimedia:https://www.prnewswire.com/news-releases/associated-bank-returns-as-title-sponsor-of-second-annual-audaxity-bike-ride-driving-community-impact-for-local-cancer-research-302784590.html
