RIPON, Wis. — Commercial laundry equipment manufacturer Alliance Laundry Systems has closed on its purchase of the distribution assets of Chicago-based D&M Equipment Co. It 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.” says 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 Don Tomasian, D&M Equipment Co. has delivered exemplary support to customers in and around the Chicago area, Alliance says. 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.
RELATED STORY: Alliance Laundry Systems Acquiring Third Distributor This Year, April 19, 2021