ONCAP to sell Mister Car Wash to Leonard Green for up to $500 mln
ONCAP, the mid-market arm of Canadian private equity firm Onex Corp, is selling Mister Car Wash after more than seven years, peHUB reported based on banking sources and a recent FTC filing. U.S. private equity firm Leonard Green & Partners is buying the Tucson, Arizona-based car wash company for between US$400 million to US$500 million. ONCAP acquired the business in April 2007.
30 July 2014•2 mins read
