M&A Deal Summary

Alliance Laundry Systems Acquires Washburn Machinery

On April 1, 2021, Alliance Laundry Systems acquired machinery company Washburn Machinery

Acquisition Highlights
  • This is Alliance Laundry Systems’ 2nd transaction in the Machinery sector.
  • This is Alliance Laundry Systems’ 2nd transaction in the United States.
  • This is Alliance Laundry Systems’ 1st transaction in Illinois.

M&A Deal Summary
Date 2021-04-01
Target Washburn Machinery
Sector Machinery
Buyer(s) Alliance Laundry Systems
Deal Type Add-on Acquisition

Target

Washburn Machinery

Elk Grove Village, Illinois, United States
Washburn Machinery is a provider of laundry and dry-cleaning services. Washburn Machinery was founded in 1948 and is based in Elk Grove Village, Illinois.

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Buyer(S) 1

Buyer

Alliance Laundry Systems

Ripon, Wisconsin, United States
Category Company
Founded 1908
Sector Manufacturing
DESCRIPTION

Alliance Laundry Systems is a manufacturer of stand-alone commercial laundry equipment in North America. Alliance Laundry produces a full line of washing machines, dryers, and pressing machines under the brand names of Speed Queen, UniMac, Huebsch and Ajax.

DEAL STATS #
Overall 3 of 7
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 3 of 5
State (Illinois) 1 of 2
Country (United States) 2 of 6
Year (2021) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-24 PWS - The Laundry

Los Angeles, California, United States

PWS - The Laundry Co. is a distributor of Speed Queen equipment and replacement parts in North America PWS - The Laundry is a commercial laundry business, with offices in Los Angeles, South San Francisco, and San Diego, Calif. PWS - The Laundry Co. was founded in 1968 and is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 D&M Equipment

Chicago, Illinois, United States

D&M Equipment is a distributor of the Dexter line of commercial laundry equipment. D&M Equipment Company is devoted to servicing valued customers with all commercial laundry needs. D&M Equipment was established in 1965 and is based in Chicago, Illinois.

Buy -
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