On July 5, 2017, Canada Goose Holdings Inc. completed its secondary offering of 12,500,000 subordinate voting shares for a price of US$20.75 per share for aggregate gross proceeds of US$259,375,000. The shares were sold by an investment fund advised by Bain Capital, DTR LLC, and certain charities and members of management.
CIBC Capital Markets, Credit Suisse, Goldman Sachs & Co. LLC and RBC Capital Markets served as joint book-running managers and as representatives of the underwriters for the offering. BofA Merrill Lynch, Morgan Stanley, Barclays, BMO Capital Markets, TD and Wells Fargo Securities also acted as joint book-running managers and Baird, Canaccord Genuity and Cowen acted as co-managers for the offering.
Canada Goose was represented in-house by a legal team led by David Forrest. Canada Goose was represented in Canada by Robert Carelli, David Tardif, Jeremy Sculnick and Jason Paperman (securities and capital markets), Peter Castiel and Barbara Sheng (corporate) and Frank Mathieu and Éric Lévesque (tax) of Stikeman Elliott LLP, and in the US by Thomas Holden, Julia Chen and Blair Green (securities and capital markets) of Ropes & Gray LLP.
The underwriters were represented in Canada by Desmond Lee, Brian Gray and Lauren Lefcoe (corporate and securities) and Timothy Hughes and David Davachi (tax) of Osler, Hoskin & Harcourt LLP. The underwriters were represented in the US by Marc Jaffe, Ian Schuman, Adam Gelardi and Samuel Chaffin (corporate and securities) of Latham & Watkins LLP.