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 since 2010: 9.5%.

• Strong cash generation and minimal capex requirements due to well-invested manufacturing footprint.

• As of June 30, 2025: $2.08 billion in long-term debt, $583 million in asset-backed borrowings, $222.6 million in cash.

Use of proceeds and capital allocation

• Estimated net proceeds of $463.75 million (at $20.50/share IPO midpoint) to be used to repay outstanding term loan debt.

• No proceeds from shares sold by the principal stockholder.

• No near-term plans to pay dividends; focus on reinvestment and debt reduction.