US EditionBain Capital Waits On More Bidders In $1.4 Billion Canada Goose Sale
Bain Capital's 12-year investment cycle concludes as Canada Goose faces growth and market challenges amid $1.35 billion take-private bids from several private equity firms.
- On Wednesday, Canada Goose Holdings Inc. attracted multiple take-private offers as Bain Capital explores an exit, with bids valuing the firm about $1.4 billion to $1.35 billion.
- Bain's extended ownership has prompted an exit move as its 12-year control of Canada Goose exceeds typical private-equity periods, with tariff uncertainty and slowing sales leading the company to withhold its fiscal 2026 forecast.
- In the latest quarter ending in June, Canada Goose recorded a CA$125.5 million loss, while New York-listed shares rose about 9% premarket on Wednesday, lifting its market value to US$1.18 billion per LSEG data.
- Boyu Capital and Advent International have tabled verbal offers for Canada Goose, while Bosideng International and an Anta Sports Products and FountainVest Capital consortium also bid; Bain Capital, advised by Goldman Sachs, awaits more offers before deciding.
- Global dealmaking, now at US$2.6 trillion, has buoyed private equity activity as Canada Goose's potential buyout signals a pivotal moment for the luxury outerwear sector amid its all-season strategy.
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Canada Goose receives take-private bids valuing it roughly at $1.4 billion, CNBC reports
(Reuters) -Canada Goose’s controlling shareholder Bain Capital has received bids to take the luxury goods maker private at a valuation of about $1.4 billion, CNBC reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Chandni Shah in Bengaluru; Editing by Sumana Nandy)
Canada Goose attracts $1.4bn take-private offers as Bain explores exit
Canada Goose attracts $1.4bn take-private offers as Bain explores exit Bain Capital has received bids to take luxury apparel maker Canada Goose private in a deal valuing the company at about $1.4bn, according to CNBC. The private equity firm, which first invested in the company in 2013, has hired Goldman Sachs to advise on a […]
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