Alliance Laundry (ALH) Registration Filing summary

Company overview and business model

• Largest global designer and manufacturer of commercial laundry systems, serving diverse end markets including healthcare, hospitality, laundromats, and residential customers.

• Holds ~40% share of the North American commercial laundry market and leading positions internationally.

• Operates through two segments: North America (74% of 2024 revenue) and International (26%).

• Sells through a network of ~600 distributors and direct sales in key markets, with strong, long-standing channel relationships.

• Offers a comprehensive product suite, including washers, dryers, service parts, digital solutions, and equipment financing.

Financial performance and metrics

• 2024 net revenue: $1.5 billion; net income: $98 million (7% margin); Adjusted EBITDA: $383 million (25% margin); capex ~3% of revenue.

• LTM 1H 2025: net revenue $837 million; net income $48 million (6% margin); Adjusted EBITDA $219 million (26% margin); capex ~2% of revenue.

• Revenue CAGR of 9.5% since 2010; consistent growth and strong cash generation.

• 2024 North America revenue: $1.1 billion; International: $399 million.

• As of June 30, 2025: $222.6 million cash, $2.04 billion long-term debt, $583 million asset-backed borrowings.

Use of proceeds and capital allocation

• Proceeds to be used to repay outstanding indebtedness under the Term Facility; remainder for general corporate purposes.

• No proceeds from shares sold by the principal stockholder.

• Recent $900 million dividend paid in August 2024, funded by new debt.