Alliance Laundry Systems Announces Its Third Acquisition of 2021
Company will purchase Chicago-based D&M Equipment Co.
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RIPON, Wis., April 7, 2021 /PRNewswire/ -- Alliance Laundry Systems, the global leader in commercial laundry equipment, is acquiring the distribution assets of Chicago-based D&M Equipment Co. D&M is one of the top distributors of laundromat equipment in the Midwest.
This is Alliance's third acquisition of 2021 and the first acquisition of a distributor of multiple manufacturers' products. The deal is expected to close later this month.
"Our strategy has been clear from the start: we will pursue partnerships with exceptional companies," said Rick Pyle, President and Chief Commercial Officer of Alliance Laundry Systems. "For decades, D&M has shown market leadership and we are excited to welcome them to Alliance."