# Leslie's

Leslie's is an Asset Manager based in Itasca, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Itasca, United States
- **Region:** North America
- **Address:** Phoenix, AZ, United States
- **Founded:** 1963
- **Assets under management:** Undisclosed
- **Website:** lesliespool.com
- **LinkedIn:** https://www.linkedin.com/company/leslies

## About

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.

## Sectors

- Real Estate
- Luxury

## 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 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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Last updated: 2026-06-03T20:00:00.000Z

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