Core Insights - Alliance Laundry Systems successfully went public on the New York Stock Exchange, with its stock price rising by 11.4% on the first day, bringing the company's market capitalization close to $4.83 billion [1] Company Overview - Alliance Laundry Systems has a history of over 117 years and specializes in manufacturing commercial washing machines, dryers, and ironing machines [1] IPO Details - The stock was issued at a price of $22 per share, which is at the top end of its target range of $19 to $22 [1] - The opening price on the first day of trading was $24.5 per share [1] Market Context - The successful IPO of Alliance Laundry Systems is a sign of recovery in the U.S. IPO market, which had previously slowed down due to concerns over Trump's trade policies [1] - Other notable companies, such as Swedish fintech company Klarna and online ticketing platform StubHub, also had successful IPOs recently [1]

Core Points - Alliance Laundry Holdings Inc. has announced the pricing of its upsized initial public offering (IPO) of 37,560,974 shares at a public offering price of $22.00 per share [1] - The offering includes 24,390,243 shares sold by Alliance Laundry and 13,170,731 shares sold by a selling stockholder, with Alliance Laundry not receiving proceeds from the latter [1] - The shares are expected to begin trading on the NYSE under the ticker symbol "ALH" on October 9, 2025, with the offering expected to close on October 10, 2025 [2] Offering Details - The selling stockholder has granted underwriters a 30-day option to purchase an additional 5,634,146 shares at the initial public offering price [2] - BofA Securities and J.P. Morgan are acting as joint lead book-running managers, with Morgan Stanley as the book-running manager [3] - Additional bookrunners include Baird, BDT & MSD Partners, BMO Capital Markets, Citigroup, Goldman Sachs & Co. LLC, and UBS Investment Bank [3] Company Overview - Alliance Laundry is a global leader in commercial laundry equipment, providing high-quality laundry systems under five brands: Speed Queen®, UniMac®, Huebsch®, Primus®, and IPSO® [6] - The company serves approximately 150 countries with a workforce of over 4,000 employees [6] - Alliance Laundry offers a full line of commercial washing machines, dryers, and ironers, with load capacities ranging from 20 to 400 lb. (9 to 180 kg) [6]