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Latham Group Priced, Nasdaq: SWIM

Leading designer and manufacturer of in-ground residential swimming pools.

Industry: Consumer Discretionary

Latest Trade: $3.04 0.00 (0.0%)

First Day Return: +43.4%

Return from IPO: -84.0%

Industry: Consumer Discretionary

We are the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand. We hold the #1 market position in North America in every product category in which we compete. We believe that we are the most sought-after brand in the pool industry and the only pool company that has established a direct relationship with the homeowner. We are Latham, The Pool Company. With an operating history that spans over 60 years, we offer the industry’s broadest portfolio of pools and related products, including in-ground swimming pools, pool liners and pool covers. In 2020, we sold over 8,700 fiberglass pools in the United States, which we believe represents approximately one out of every ten in-ground swimming pools sold in the United States. We have a heritage of innovation. In an industry that has traditionally marketed on a business-to-business basis (pool manufacturer to dealer), we pioneered the first “direct-to-homeowner” digital and social marketing strategy that has transformed the homeowner’s purchase journey.
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IPO Data
IPO File Date 03/31/2021
Offer Price $19.00
Price Range $19.00 - $21.00
Offer Shares (mm) 20.0
Deal Size ($mm) $380
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/22/2021
Offer Price $19.00
Price Range $19.00 - $21.00
Offer Shares (mm) 20.0
Deal Size ($mm) $380
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Barclays
BofA Securities
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Company Data
Headquarters Latham, NY, United States
Founded 1956
Employees 2,175
Website www.lathampool.com

Latham Group (SWIM) Performance