What is POOLCORP?
Founded in 1993 and headquartered in Covington, Louisiana, POOLCORP has established itself as a leading entity in the distribution of swimming pool supplies, equipment, and associated leisure products. The company's extensive product catalog and broad distribution network cater to a diverse clientele, solidifying its role as a critical supplier within the recreational water industry. Its operations are characterized by a strategic approach to market penetration and product availability, ensuring a comprehensive offering for its customer base.
How much funding has POOLCORP raised?
POOLCORP has raised a total of $204.2M across 2 funding rounds:
Stock Offering
$19.2M
Debt
$185M
Stock Issuance/Offering (1995): $19.2M, investors not publicly disclosed
Debt (2020): $185M led by Bank of America
Key Investors in POOLCORP
Bank of America
Bank of America, a global financial institution founded in 1874, provides comprehensive banking and financial services across multiple segments including Consumer Banking and Global Banking. It offers a wide array of products from savings accounts to commercial lending, serving individuals, businesses, and institutional investors worldwide.
What's next for POOLCORP?
The recent major strategic investment signals POOLCORP's intent to capitalize on current market opportunities and potentially expand its service offerings or geographic reach. Given the enterprise-level nature of its total funding, the company is likely in a phase of scaling operations, enhancing its supply chain logistics, or investing in new product development. This strategic backing from financial institutions and potentially other partners will be instrumental in navigating the competitive landscape and achieving sustained growth in the leisure and pool supply market.
See full POOLCORP company page
