Articles from Alliance Laundry Systems

Alliance Laundry Systems (NYSE: ALH) (“Alliance Laundry” or the “Company”), the global leader in commercial laundry equipment, today announced an underwritten public offering (the “Offering”) of 20,500,000 shares of its common stock by its principal stockholder, BDT Capital Partners, LLC and its affiliated investment funds (collectively, the “selling stockholder”), which individually and as a group are affiliates of BDT & MSD Partners. The selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 3,075,000 shares of the Company’s common stock. Alliance Laundry will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.