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Alliance Laundry reveals revenue jump in US IPO filing
Yahoo Financeยท2025-09-12 21:18

Company Overview - Alliance Laundry's revenue increased by nearly 15% in the first half of 2025, reaching $836.8 million, up from $729 million a year ago [1][4] - The company has a significant market presence, claiming approximately 40% of the commercial laundry market in North America [3] Financial Performance - Despite the revenue growth, Alliance's profit decreased to $48.3 million from $67.6 million in the same period last year [4] - The company is planning to list on the New York Stock Exchange under the symbol "ALH" [4] Market Context - The IPO market is experiencing a resurgence, with U.S. IPOs gaining momentum as investors overlook tariff uncertainties and equity markets reach record highs [2] - The listing plan represents a strategic shift for Alliance's owner, BDT & MSD Partners, who previously considered selling the company for a valuation of $5 billion, including debt [2] Challenges - Alliance has noted challenges from trade barriers, particularly significant price fluctuations in raw materials like steel and aluminum [3]