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BDT & MSD's Alliance Laundry targets $4.3 billion valuation in US IPO
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BDT & MSD's Alliance Laundry targets $4.3 billion valuation in US IPO
Sep 29, 2025 4:14 AM

Sept 29 (Reuters) -

Alliance Laundry is targeting a valuation of up to $4.34

billion in its U.S. initial public offering, the commercial

laundry equipment maker said on Monday.

The Ripon, Wisconsin-based company and its backer, BDT

Capital Partners, are aiming to raise up to $751.2 million by

offering 34.1 million shares priced between $19 and $22 apiece.

October is also shaping up to be another potentially busy

month for the IPO market following a blistering start to the

fall window.

Tax firm Andersen Group, crypto custody startup BitGo

and corporate travel and expense company Navan have joined the

public IPO pipeline in recent weeks.

BofA Securities and J.P. Morgan are the lead underwriters

for the offering.

Alliance Laundry will list on the New York Stock

Exchange under the symbol "ALH."

BDT Capital Partners, an affiliate of merchant bank BDT

& MSD Partners, will own 76% of Alliance Laundry's shares

following the offering.

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