Alliance Laundry Announces Pricing of Upsized Initial Public Offering
Rhea-AI Summary
Alliance Laundry (NYSE: ALH) priced an upsized initial public offering of 37,560,974 common shares at $22.00 per share. The offering includes 24,390,243 shares sold by Alliance Laundry and 13,170,731 shares sold by a selling stockholder; Alliance Laundry will not receive proceeds from the selling stockholder’s shares.
Shares are expected to begin trading on the NYSE as ALH on October 9, 2025, with closing expected on October 10, 2025, subject to customary closing conditions. The underwriters have a 30‑day option to buy up to 5,634,146 additional shares at the IPO price. The SEC declared the registration effective on September 30, 2025.
Positive
- Upsized IPO of 37,560,974 shares priced at $22.00 per share
- Company sells 24,390,243 shares, expected gross proceeds to Alliance of approximately $536.6M
- Listing scheduled on NYSE: ALH with trading expected to begin on Oct 9, 2025
Negative
- Selling stockholder offers 13,170,731 shares; Alliance receives no proceeds from those shares
- Underwriters' 30‑day option could add 5,634,146 shares (~15% of the offering), increasing share count
- Closing is subject to customary conditions; deal not final until expected close on Oct 10, 2025
Insights
Upsized IPO priced at
Pricing of 37,560,974 shares at
Key dependencies and risks include customary closing conditions for the expected close on
The shares are expected to begin trading on the NYSE under the ticker symbol "ALH" on October 9, 2025. The offering is expected to close on October 10, 2025, subject to customary closing conditions. In addition, the selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 5,634,146 shares of common stock from the selling stockholder at the initial public offering price, less underwriting discounts and commissions.
BofA Securities and J.P. Morgan are acting as joint lead book-running managers. Morgan Stanley is acting as book-running manager. Baird, BDT & MSD Partners, BMO Capital Markets, Citigroup, Goldman Sachs & Co. LLC and UBS Investment Bank are acting as additional bookrunners. CIBC Capital Markets, Fifth Third Securities and PNC Capital Markets LLC are acting as co-managers.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on September 30, 2025. The offering is being made only by means of a prospectus. When available, copies of the final prospectus may be obtained by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, when available, copies of the final prospectus from: BofA Securities, Inc. at 201 North Tryon Street,
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
About Alliance Laundry
Alliance Laundry makes the world cleaner as a provider of the highest quality commercial laundry systems. Our laundry solutions are available under five respected brands, sold and supported by a global network of select distributors. We serve approximately 150 countries with a team of more than 4,000 employees. Our brands include Speed Queen®, UniMac®, Huebsch®, Primus® and IPSO®. Together, they present a full line of commercial washing machines, dryers, and ironers (with load capacities from 20–400 lb. or 9–180 kg.) and support service. You can also enjoy the superior wash and fabric care of commercial-grade laundry equipment in your home through our legendary Speed Queen® washers and dryers.
Media Contact:
FGS Global
Alliance@FGSGlobal.com
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SOURCE Alliance Laundry Systems