type private industry self service laundry founded 1908 headquarters ripon wisconsin united states key people mike schoeb president and ceo products speed queen cissell huebsch ipso unimac revenue 726.3 million 2014 1 net income 29.6 million 2014 1 number of employees 2 730 2014 1 website www.alliancelaundry.com alliance laundry systems llc is a provider of commercial laundry systems . the company designs manufactures and markets a line of commercial laundry equipment under various brands in over 100 countries . 2 among the company s products are washers drying tumblers and ironers for the coin laundry multi housing laundries institutional laundries and laundries for consumer residences . alliance laundry systems manufactures products under the brands speed queen 3 4 5 cissell huebsch ipso and unimac . the company was founded in 1908 and is based in ripon wisconsin . 6 history edit the company began in the early 20th century with the introduction of a hand operated washer to the marketplace . the speed queen brand with the introduction of stainless steel wash tubs in 1938 and automatic washers and dryers in 1952 . 7 alliance was acquired by raytheon corporation in 1979 . in february 1998 private equity firm bain capital agreed to acquire the commercial laundry business from raytheon for 358 million . 8 9 10 11 in january 2005 teachers private capital the private equity affiliate of the ontario teachers pension plan acquired the majority of the equity interests of alliance laundry for 450 million . 12 13 14 in 2009 the alliance laundry systems university alsu was founded as a corporate university available online to authorized alliance laundry systems distributors route operators and customers . 15 in march 2014 the alliance laundry acquired primus laundry equipment headquartered in gullegem belgium for approx . 259.4 million . 1 16 17 in april 2015 it was reported that ontario teachers pension plan is planning to sell or ipo alliance laundry valuing the business at 2 billion . 18 19 later in 2015 a majority stake was sold to bdt capital partners . 20 references edit a b c d 1 . alliance laundry systems 2014 annual report . asian hotel & catering times . 30 . 2005 . pp. 53 . established in the us in i908 alliance laundry systems is today an alliance of brands including speed queen huebsch unimac and ajax and its products can be found in more than 100 countries . ... tax notes international . 30 . tax analysts . 2003 . pp. 9 . the u.s. based manufacturer of speed queen laundry machines alliance laundry systems llc has a 38 percent share of all relevant laundry equipment markets and makes a mouthwatering 16 percent operating income margin . teaming for efficiency energy and environmental policy . american council for an energy efficient economy . 2002 . pp. 9 311 . efraim turban 2006 . electronic commerce 2006 a managerial perspective . pearson prentice hall . isbn 978 0 13 185461 1 . ... wash alert marketed by alliance laundry systems for speed queen machines is being used at the illinois institute of technology ohio university and ball state university . ... hoover s business press 2010 . hoover s handbook of private companies . hoover s business press . pp. 35 . through its wholly owned subsidiary alliance laundry systems the company makes commercial laundry equipment used in iaundromats multi housing laundry facilities apartments dormitories military bases and on premise laundries ... david sakrison ; harry heileman 2000 . a portrait of ripon historic photographs of ripon wisconsin . ripon main street inc. pp. 113 . the speed queen company now alliance laundry systems ripon s largest employer for much of its history got its start in the back of a hardware store at 214 watson street owned by john seelig a former tombstone merchant and joe ... raytheon in 358 million deal to sell laundry business . new york times february 24 1998 hotelbusiness . 7 . icd publications . 1998 . pp. 35 . alliance laundry completes raytheon buy for 358m gary hoover 1999 . hoover s handbook of american business . reference press incorporated . pp. 1188 . figuring that the best defense is a good offense raytheon is fortifying itself against us military spending cutbacks by acquiring other defense contractors ... and its commercial laundry business to alliance laundry systems 1998 . ... executive housekeeping today . 18 19 . national executive housekeepers association . 1998 . pp. 37 . he is now responsible for operations of the company . alliance laundry systems llc announced the acquisition of raytheon commercial laundry rcl the commercial laundry equipment manufacturing business of raytheon co. alliance is ... hoover s 1 october 2005 . hoover s masterlist of major us companies a z. hoovers incorporated . isbn 978 1 57311 107 2 . founded in 1908 alliance laundry was sold to private investment firm teachers private capital private equity arm of ontario teachers pension plan for about 450 million in early 2005 . 2 . ontario teachers to purchase alliance laundry systems llc . businesswire december 8 2004 amy or 21 october 2014 . ontario teachers pension plan to buy 30 % stake in csc serviceworks wsj . wsj . 3 . alliance laundry systems university page at alliance laundry website giving laundries greater flexibility with control . laundryandcleaningnews.com . http www.express.be sectors nl industry wasmachinegroep primus overgenomen door alliance laundry 202200.htm 4 . ontario teachers said to plan sale or ipo of alliance laundry . bloombergbusiness april 6 2015 scott deveau and leslie picker bloomberg news 6 april 2015 . ontario teachers pension plan said to seek sale or ipo of 2 billion company alliance laundry . financial post . bdt capital partners llc agrees to acquire a majority stake in alliance laundry systems from ontario teachers external links edit alliance laundry systems company website retrieved from https en.wikipedia.org w index.php title alliance laundry systems & oldid 741375587 categories companies based in wisconsinfond du lac county wisconsinmanufacturing companies based in wisconsincompanies established in 1908home appliance manufacturers of the united states1908 establishments in wisconsinripon wisconsin navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 27 september 2016 at 03 17 . text is available under the creative commons attribution sharealike license ; 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