Exchange Listing LLC’s Post

Alliance Laundry Holdings made a strong debut on the New York Stock Exchange, opening 11% above its IPO price after raising $826 million in its listing. The Wisconsin-based commercial laundry equipment maker priced its shares at $22, trading up to $24.50 at open and valuing the company at roughly $4.8 billion. The offering, upsized by 10% and priced at the top of its range, was more than 11 times oversubscribed, with top institutional investors taking over half of the available shares. Alliance Laundry’s IPO follows a recent uptick in industrial listings, including Blackstone-backed Legence Corp., as investors show renewed interest in steady, cash-generative businesses. With revenue up 15% year-over-year and margins near 25%, the company’s fundamentals helped drive strong demand despite broader market uncertainty. For a business founded in 1908, Alliance Laundry’s success story is proof that disciplined growth and operational focus remain compelling to investors, even in complex markets.

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