Mister Car Wash, the largest car wash chain in the United States, was acquired on August 21, 2014 by Leonard Green & Partners LP, a Los Angeles-based private equity firm. The transaction poises Mister Car Wash to capitalize on an accelerated acquisition strategy while strengthening its leadership position through additional investments in people, stores, and technologies, according to John Lai, the company’s president and CEO.

Under previous ownership of ONCAP, a middle market private equity firm, Mister Car Wash grew 232 percent since 2007, adding 99 car washes and 25 lube shops. The company currently operates 134 car washes and 32 lube centers in 14 states.