.
                                                                               .
                                                                               .
                                                                    Exhibit 21.2

SUBSIDIARIES OF ALLIANCE LAUNDRY HOLDINGS INC.

<Table>
Name of Subsidiary                                     Place of Incorporation
- ------------------                                     ----------------------
                                                    
Alliance Laundry Systems LLC                           Delaware
Alliance Laundry Equipment Receivables Trust 2002-A    Delaware
Alliance Laundry Equipment Receivables 2002 LLC        Delaware
</Table>