Alliance Laundry plans credit facility with buyout by BDT Capital

By Sara Rosenberg

New York, Aug. 7 – Alliance Laundry Systems plans on getting a senior secured credit facility in connection with its acquisition by BDT Capital Partners LLC from Ontario Teachers’ Pension Plan, according to a new release.

Bank of America Merrill Lynch and BMO Capital Markets are the joint lead arrangers on the deal.

At closing of the buyout, Ontario Teachers’ is expected to retain a minority interest in the company.

Alliance Laundry is a Ripon, Wis.-based designer, manufacturer and marketer of commercial laundry equipment.

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