Canada Goose’s controlling shareholder, Bain Capital, has received bids to take the outerwear brand private at a valuation of about $1.35 billion, sources told CNBC.
Private equity firm Bain, which acquired Canada Goose in 2013, is looking to offload its holding, with Goldman Sachs advising on the sale, according to the report. However, the company is holding off on a decision until more offers arrive.
The report said that private-equity firms Boyu Capital and Advent International “have made verbal offers” that value Canada Goose at eight times its 12-month average EBITDA, which translates into a valuation of about $1.35 billion. Other interested buyers include Shanghai-based down jacket maker Bosideng International, and a consortium set up by private-equity firm FountainVest Capital and Anta Sports Product, CNBC added.
Canada Goose, which is listed on both the Toronto and New York stock exchanges, is valued at $1.18 billion as of Tuesday, August 27, based on its closing stock price.
The bids come at a challenging time for Canada Goose, which posted a larger-than-expected quarterly loss in July amid rising costs from retail expansion and promotional campaigns. While the company withheld its fiscal 2026 forecast due to tariff uncertainty, it has benefited from exemptions under the US-Mexico-Canada trade pact.
Canada Goose and Bain have not commented on the report.
Image courtesy Canada Goose
