Alliance Laundry prices upsized secondary offering at $23.5/share
ALH•Option and concurrent repurchase
The underwriters have a to buy up to from the selling stockholder.
ALH•ALH•ALH•The underwriters have a to buy up to from the selling stockholder.
A concurrent repurchase is set for 3,298,704 shares at the same price, and the shares will be retired upon completion of the offering.
Alliance Laundry priced an upsized underwritten secondary offering of 22,550,000 shares at $23.50 per share.
BDT Capital Partners and affiliated funds are selling all shares; the company is not issuing stock or receiving proceeds.
