Alliance Laundry (ALH) Registration Filing summary

Company overview and business model

• Operates as the world's largest designer and manufacturer of commercial laundry systems, serving diverse global end markets with a focus on quality, reliability, and innovation.

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

• Offers a comprehensive product suite, including washers, dryers, digital platforms, and aftermarket services, distributed through 600+ global distributors and direct sales.

• Business model benefits from a large installed base, regular replacement cycles, and growing demand for commercial-grade products in residential markets.

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

Financial performance and metrics

• For FY 2024: net revenue $1.5B, net income $98M (7% margin), Adjusted EBITDA $383M (25% margin), capex ~3% of revenue.

• For six months ended June 30, 2025: net revenue $837M, net income $48M (6% margin), Adjusted EBITDA $219M (26% margin), capex ~2% of revenue.

• Revenue CAGR since 2010: 9.5%.

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

• As of June 30, 2025: total assets $3.0B, long-term debt $2.0B, stockholders' deficit $(176M).

Use of proceeds and capital allocation

• Net proceeds from the IPO will be used to repay outstanding indebtedness under the Term Facility; remaining funds for general corporate purposes.

• No proceeds from shares sold by the principal stockholder.

• Recent capital allocation included a $900M special dividend in August 2024, funded by new debt.