initial public offerings (IPOs) trading on American exchanges

Wednesday, February 15, 2017

Bain Capital-owned Canada Goose files for a $100 million IPO

Canada Goose Inc, a Toronto designer and maker of outdoor luxury apparel, has filed for an initial public offering of its subordinate voting shares on the New York Stock Exchange and the Toronto Stock Exchange, according to a report by Reuters.

The company has priced the offering at US$100 million, Reuters said, citing a U.S. Securities Exchange Commission filing. It plans to list under the symbol “GOOS.”

Established in 1957, Canada Goose was acquired by U.S. private equity firm Bain Capital in December 2013. The IPO will include a secondary sale by Bain, according to the company’s preliminary prospectus. Bain will remain Canada Goose’s controlling shareholder upon completion of the IPO.

In October, Reuters reported Canada Goose was preparing for an IPO that could value it at as much as US$2 billion.

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