- Mister Car Wash Inc MCW has acquired Speedwash, which includes four express exterior locations in Victorville and Hesperia, California. The financial terms of the deal were not disclosed.
- Mister will be working with the Speedwash team to rebrand the stores and optimize service and product offerings in the coming months.
- "Adding these high-quality locations makes for a strong entry into Victor Valley," said Casey Lindsay, VP, Corporate Development of Mister Car Wash.
- The company held $19.9 million in cash and equivalents as of December 2021.
- Price Action: MCW shares are trading lower by 0.22% at $14.47 on the last check Friday.
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