Overview
- Boyu Capital and Advent International have made verbal offers valuing Canada Goose at roughly eight times trailing EBITDA, or about $1.35 billion to $1.4 billion, according to reports.
- Additional interest has been reported from Bosideng International as well as a consortium involving Anta Sports and FountainVest Capital.
- Canada Goose shares spiked as much as about 7% in premarket trading before easing, lifting the market value but keeping it below the indicated bid range.
- Bain controls roughly 55.5% of the company’s combined voting power, based on recent regulatory filings.
- Recent disclosures show revenue growth to $107.8 million for the quarter and reduced net debt to $541.7 million alongside a larger operating loss tied to retail expansion and promotions.