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December 2004

Alliance Laundry To Be Acquired by Ontario Teachers’

RIPON, Wis., Dec 8, 2004 (BUSINESS WIRE) -- Alliance Laundry Holdings LLC, parent company of Alliance Laundry Systems LLC, today announced the signing of a definitive agreement for the sale of the company to an entity established by Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan, for approximately US$450 million. Alliance Laundry Holdings is being sold by private investment firms Bruckmann, Rosser, Sherrill & Co. and Bain Capital, as well...