Core Viewpoint - Alliance Laundry Holdings plans to raise up to $751.2 million through an IPO, exceeding its previous target of $500 million, with a proposed share price range of $19 to $22 [1][2] Financial Performance - For the six months ending June 30, Alliance Laundry reported a net profit of $48.3 million and revenue of $836.8 million, compared to a net profit of $67.6 million and revenue of $729 million in the same period last year [2] - The funds raised from the IPO will be used to repay part of its $2.1 billion long-term loan [2] Company Background - Alliance Laundry, founded in 1908 and headquartered in Ripon, Wisconsin, operates six factories globally, with three in Wisconsin and others in the Czech Republic, Thailand, and China [2] - The company sells commercial laundry systems through approximately 600 independent dealers worldwide, serving various sectors including healthcare, hotels, and public facilities [2] Market Position - Alliance Laundry claims a 40% market share in the North American commercial laundry market and has significant positions in other international markets [3] - Since 2010, the company's revenue has grown at a compound annual growth rate of 9.5%, with an adjusted EBITDA margin of approximately 25% [3] IPO Details - The IPO is expected to be priced on October 8, with a total of 34.1 million shares being offered, including 24.4 million shares from Alliance Laundry and 9.76 million shares from BDT & MSD Partners [1] - The offering is led by Bank of America, JPMorgan Chase, and Morgan Stanley, with plans for the stock to be listed on the New York Stock Exchange under the ticker symbol ALH [3]