Alliance Laundry Systems, the global leader in commercial laundry equipment, closed today on its purchase of 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.
“We are so pleased with the collaboration of our two teams to be able to close so quickly,” said Rick Pyle, President and Chief Commercial Officer of Alliance Laundry Systems. “This is an indication of our opportunities and approach that we will undertake together in this exciting market.”
Founded in 1965 by respected laundromat leader, Don Tomasian, D&M Equipment Co. has delivered exemplary support to customers in and around the Chicago area. Joe Frankian, President of D&M Equipment, and his son, Connor will continue this family tradition of serving customers and build on the company’s record performance of the last few years as part of Alliance Laundry Systems.