BDT & MSD’s Alliance Laundry Files for IPO With Plan to Cut Debt

BDT & MSD Partners-backed Alliance Laundry Holdings Inc. filed for an initial public offering, outlining plans to raise equity to pare its debt.

The maker of commercial washers and dryers recorded net income of $48.3 million on revenue of $836.8 million in the six months ended June 30, according to a filing Friday with the US Securities and Exchange Commission. That compares with net income of $67.6 million and revenue of $729 million in the period last year.

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