Alliance Laundry Holdings Inc.

ALH

Market cap $5.1B

Six IPOs debuted this week, while two SPACs listed. Thirteen IPOs and five SPACs also submitted initial filings. No traditional IPOs are currently scheduled for the week ahead as the government shutdown continues to mostly pause new issuance.

Alliance Laundry Holdings has surged post-IPO, driven by strong revenue growth and robust operating margins in the commercial laundry market. The company boasts a leading product reputation, a vast distributor network, and a focus on quality, supporting its premium pricing and customer loyalty. Despite healthy fundamentals, ALH trades at high earnings and sales multiples, with leverage still exceeding 4x EBITDA, raising valuation concerns.

Alliance Laundry's shares rose 11.4% in their New York debut on Thursday, valuing the commercial laundry systems maker at $4.83 billion.

Alliance Laundry priced its upsized New York initial public offering at the top end of its marketed range, raising $826.3 million, the commercial laundry equipment maker said on Wednesday, adding to continued IPO activity amid a U.S. government shutdown.

RIPON, Wis. , Oct. 8, 2025 /PRNewswire/ -- Alliance Laundry Holdings Inc. ("Alliance Laundry"), the global leader in commercial laundry equipment, today announced the pricing of its upsized initial public offering of 37,560,974 shares of its common stock at a public offering price of $22.00 per share.

Six IPOs debuted this week, while seven SPACs listed, with eight IPOs submitted initial filings, including a handful of sizable issuers. While the US government shutdown complicates the start of the Q4 IPO market, two sizable offerings are lined up to price next week, as both made sure their registrations were declared effective by the SEC prior to the October 1st deadline. Street research is expected for seven companies in the week ahead, and six lock-up periods will be expiring.

Alliance Laundry Holdings Inc. is a leading North American commercial laundry systems provider and has filed for an IPO that may reach $500 million. ALH has demonstrated strong revenue growth, expanding gross margins, and rising operating profits, though operating cash flow has recently declined. The company benefits from a robust, growing global laundry equipment market, but faces risks from debt, geographic concentration, and supply chain challenges.