positive
Alliance Laundry raises $826M in U.S. IPO amid market revival
Commercial laundry equipment maker Alliance Laundry priced its public debut at $22 per share, raising $826.3 million in an upsized IPO. The company, based in Wisconsin, sells heavy-duty washers and dryers to institutional clients. The $4.34 billion valuation underscores investor appetite for industrial names despite challenging macroconditions. The IPO is listed under ticker “ALH”.
Companies:
- Alliance Laundry
Tags:
- IPO
- industrial
Reuters• By Harsh Ranjan
Explore:Mutual Fund Themes
positive
Alliance Laundry raises $826M in U.S. IPO amid market revival
Commercial laundry equipment maker Alliance Laundry priced its public debut at $22 per share, raising $826.3 million in an upsized IPO. The company, based in Wisconsin, sells heavy-duty washers and dryers to institutional clients. The $4.34 billion valuation underscores investor appetite for industrial names despite challenging macroconditions. The IPO is listed under ticker “ALH”.
Companies:
- Alliance Laundry
Tags:
- IPO
- industrial
Reuters• By Harsh Ranjan
Explore:Mutual Fund Themes
1 min read
54 words
Industrial equipment firm logs strong debut with $826M haul.
Commercial laundry equipment maker Alliance Laundry priced its public debut at $22 per share, raising $826.3 million in an upsized IPO. The company, based in Wisconsin, sells heavy-duty washers and dryers to institutional clients. The $4.34 billion valuation underscores investor appetite for industrial names despite challenging macroconditions. The IPO is listed under ticker “ALH”.
Commercial laundry equipment maker Alliance Laundry priced its public debut at $22 per share, raising $826.3 million in an upsized IPO. The company, based in Wisconsin, sells heavy-duty washers and dryers to institutional clients. The $4.34 billion valuation underscores investor appetite for industrial names despite challenging macroconditions. The IPO is listed under ticker “ALH”.
Companies:
- Alliance Laundry
Tags:
- IPO
- industrial
- IPO
- industrial
- US
- Alliance Laundry
- equipment