By Ateev Bhandari

Sept 12 (Reuters) - Alliance Laundry's revenue rose

nearly 15% in the first half of 2025, the laundry equipment

maker disclosed on Friday in its U.S. initial public offering

paperwork, aiming to list on the New York Stock Exchange as the

IPO markets continue to run hot.

The listing plan marks a U-turn in strategy by Alliance

owner BDT & MSD Partners, the merchant bank which was exploring

a sale of the 117-year-old commercial laundry provider last

year, Reuters had reported.

The sale would have valued it at $5 billion, including

debt.

U.S. IPOs have made a triumphant comeback this fall, as

investors shrug off residual tariff uncertainty with equity

markets reaching record highs.

Stellar first-day receptions to companies ranging from

crypto and space-tech to consumer and fintechs have encouraged

executives to resume listing plans sidetracked in April by U.S.

tariffs on its trading partners.

While much of the current momentum stems from pent-up demand

for IPOs after a years-long dry spell, growing expectations of

interest- rate cuts are also acting as a tailwind.

"Small and mid-caps need a shot in the arm and rate cuts may

do the job," said Josef Schuster, CEO of IPO research firm IPOX.

Alliance also flagged pain from trade barriers in its

filing, saying that prices for raw materials such as steel and

aluminum have faced significant price swings in recent years.

Founded in 1908, it manufactures large-capacity washers and

dryers. The company, which has grown its business through

several tuck-in acquisitions over the years, claims to hold

around 40% of the commercial laundry market in North America.

Alliance's revenue jumped to $836.8 million for the six

months ended June 30, up from $729 million a year ago. Its

profit, however, fell to $48.3 million from $67.6 million.

The company expects to list on the New York Stock Exchange

under the symbol "ALH". BofA Securities and J.P. Morgan are the

lead underwriters.

(Reporting by Ateev Bhandari in Bengaluru, additional reporting

by Arasu Kannagi Basil; Editing by Arun Koyyur)