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Leslie's
Leslie's is an SEC-registered investment adviser in Itasca, IL, registered since 2015. The firm manages approximately $447 million in regulatory assets.
Leslie's
Leslie's is an SEC-registered investment adviser in Itasca, IL, registered since 2015. The firm manages approximately $447 million in regulatory assets. It has 6 employees and 3 investment advisers.
General information
Firm type
Asset Manager
Year founded
1963
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Itasca
Corporate office
Phoenix, AZ, United States
Sector focus
Frequently asked questions
Is Leslie's an asset manager or an operating company?
Leslie's is a publicly traded operating company, not an asset manager or family office. It deploys corporate capital into retail real estate, inventory, and acquisitions within the pool-care sector. The company is listed on NASDAQ under the ticker LESL.
How does Leslie's source and manage its real estate footprint?
Leslie's owns and leases over 1,000 retail locations, primarily in high-pool-density Sun Belt markets. The company sources new locations through a corporate real estate team that analyzes demographic data for pool ownership rates, average temperatures, and competitor density. Its real estate strategy focuses on in-fill locations in existing markets and tuck-in acquisitions of smaller regional chains.
What is the underlying wealth origin for Leslie's?
There is no single-family wealth origin. Leslie's was founded as a single store by Philip L. Leslie in 1963 and grew into the largest specialty pool-supply retailer through organic expansion and acquisitions. It is now a publicly traded corporation with no single controlling family shareholder.
Does Leslie's have a philanthropic or family-office structure?
There is no known family-office or single-family philanthropic structure associated with Leslie's. The company operates as a public corporation with standard corporate governance, and any charitable giving occurs through corporate social responsibility programs or in the name of individual executives.
What investment stages or asset classes does Leslie's target with its capital?
Leslie's does not make third-party fund investments or direct venture-stage deals. Its capital allocation targets commercial retail real estate, inventory for its chemical and equipment supply chain, and the acquisition of regional pool-supply competitors. The company has historically grown through a roll-up strategy of small chains, which continues to be a core deployment avenue.
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