BDT Capital Partners LLC of Chicago is buying a majority stake in commercial laundry equipment-maker Alliance Laundry Systems from Ontario Teachers’ Pension Plan in a deal with undisclosed terms.

Ripon, Wisconsin-based Alliance manufactures industrial washing machines, dryers and ironers under the Speed Queen, UniMac, Huebsch and Primus brands.  Ontario Teachers’ retains a minority stake in the target.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.