Alliance Laundry System

Who owns Alliance Laundry System?

Alliance Laundry System is currently owned by Mubadala Capital.

Hand-verified · updated 2026-04-21

About Alliance Laundry System

Alliance Laundry Systems is a Ripon, Wisconsin based manufacturer of commercial laundry equipment, producing washers, dryers, ironers and finishing systems for coin and card operated laundromats, multi-housing properties, and on-premises institutional customers such as hotels, hospitals and the military. Its brand portfolio includes Speed Queen, Huebsch, UniMac, Primus and IPSO, sold across roughly 150 countries. The company positions itself as one of the largest dedicated commercial laundry original equipment manufacturers, pairing equipment production with a captive distribution, parts and equipment-financing network. For the twelve months ended June 30, 2025 it reported revenue of about USD 1.62 billion and employed more than 4,000 people.

Ownership journey

The business traces to Barlow and Seelig Manufacturing, founded in Ripon, Wisconsin in 1908, which introduced the Speed Queen brand in 1928 and was reconstituted as Alliance Laundry Systems in 1998. Over the following decades it passed through a succession of private equity owners before a 2015 buyout established the ownership group that carried the company toward its public listing. Mubadala Capital participated in that structure as a minority institutional co-investor and continues to carry Alliance Laundry Systems as an active holding in its private equity portfolio. In October 2025 the company listed on the New York Stock Exchange under the ticker ALH, and no exit or secondary transaction has been recorded for Mubadala Capital's stake.

Under PE ownership

Under private equity ownership since 2015, Alliance Laundry Systems scaled both its manufacturing footprint and its international reach, growing headcount from roughly 2,730 employees in 2014 to more than 4,000 and extending distribution to about 150 countries. Revenue reached approximately USD 1.62 billion for the twelve months ended June 30, 2025, with net income of about USD 79 million over the same period. The company broadened its brand and product range across coin, multi-housing and on-premises laundry and invested in connected, payment-enabled machines and its distribution and financing platform. In October 2025 it completed an initial public offering priced at USD 22 per share, raising about USD 826 million and valuing the business at roughly USD 4.3 billion.