Deal Details

Alliance Laundry Completes $529.9 Million Upsized Follow-On Offering

Industrial

Alliance Laundry follow-on offering

Summary

Alliance Laundry Holdings Inc. ("Alliance Laundry" or the “Company”) (NYSE:ALH), a portfolio company of BDT & MSD Partners (“Selling Stockholder”), recently announced the pricing of its upsized underwritten public offering of 22,550,000 shares of its common stock at a public offering price of $23.50 per share, generating gross proceeds of approximately $529.9 million (the “Offering”). The Offering consisted of 22,550,000 shares of common stock sold by the Selling Stockholder. The Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 3,382,500 shares of Alliance Laundry’s common stock. Alliance Laundry will not receive any proceeds from the sale of its common stock by the Selling Stockholder.

As part of the Offering, the Company purchased 3,298,704 shares of common stock at a price per share equal to the price per share to be paid by the underwriters to the Selling Stockholder.

Baird served as a Bookrunner on this Offering.

Key Offering Metrics

Launch Date - August 17, 2026
Pricing Date - August 18, 2026
Exchange / Ticker - NYSE / ALH
Common Stock Offered - 20,500,000 shares
Revised Common Stock Offered - 22,550,000 shares
Offer Price - $23.50
Base Offering Size - $529.9 million (100% secondary)
Overallotment Option - $79.5 million (100% secondary)
Total Offering Size - $609.4 million
Pre-Deal Market Cap - $5.1 billion
Discount to Last Trade - (2.1%)
File-to-Offer Discount - (7.7%)
Base Deal Size as a % of Pre-Deal Market Cap - 10.5%
Execution - 2-Day Marketed Follow-On

About

Alliance Laundry makes the world cleaner as a provider of the highest quality commercial laundry systems. The Company’s laundry solutions are available under five respected brands, sold and supported by a global network of select distributors. Alliance Laundry services approximately 150 countries with a team of more than 4,000 employees. The Company’s 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. Alliance Laundry is headquartered in Ripon, Wisconsin.

BDT & MSD Partners is a merchant bank with an advisory and investment platform built to serve the distinct needs of business owners and strategic, long-term investors. BDT & MSD Partners is distinguished by its decades of experience advising at the intersection of founders, families and businesses, as well as by its differentiated capital base and culture of aligned investing. BDT & MSD Partners was established in 2023 through the combination of BDT & Company, the merchant bank to the closely held, founded in 2009 by Byron Trott, and MSD Partners, a premier investment firm, led by Gregg Lemkau, that since 2009 has invested on behalf of Dell Technologies Founder Michael Dell, his family and other like-minded investors. Its funds are managed by its affiliated investment advisers. BDT & MSD Partners is co-headquartered in Chicago, Illinois and New York, New York.

Industrial

Alliance Laundry follow-on offering