Commercial Laundry Titan Alliance Laundry Debuts on NYSE with $5.2B Valuation

The US stock market has seen a resurgence in initial public offerings (IPOs) in the third quarter of 2025. By the end of Q3, the US markets witnessed 65 IPOs, raising a total of $15.7 billion - a significant increase from the 40 IPOs and $8.6 billion recorded in the same period last year.

Notably, the recent IPO wave has been driven by a favorable mix of factors, including improving investor sentiment, the Federal Reserve's recent policy easing, and a solid corporate earnings season. The quarter featured five "unicorn" offerings, each raising over $1 billion, along with 18 others that brought in more than $100 million apiece.

One of the standout IPOs was that of Alliance Laundry Holdings, a leader in the commercial laundry equipment business. The Wisconsin-based company, which traces its roots back to 1908, went public on October 9, 2025, under the ticker symbol ALH. Alliance sold 24,390,243 shares at an IPO price of $22 each, raising over $536 million. The company now boasts a market capitalization of approximately $5.2 billion.

Alliance Laundry is a well-established player in the commercial laundry industry, with more than a century of experience in designing, manufacturing, and distributing commercial laundry machines, products, and solutions. The company's product lines include washing machines, clothes dryers, and ironers, sold under five brands, including the popular Speed Queen brand.

The resurgence in IPO activity and the successful debut of Alliance Laundry Holdings are seen as positive signs for the US stock market, reflecting renewed investor confidence and a strengthening corporate landscape.