According to the company’s prospectus to the Securities and Exchange Commission (SEC), Canada Goose plans to list on the New York Stock Exchange and the Toronto Stock Exchange simultaneously, public offering of shares containing sub-voting rights under the ticker symbol “GOOS” and Proposed 100 million US dollars in the scale of placement.
Prior to industry sources, Canada Goose plans to sell 10-15% of the total stake. This means that the IPO is expected to raise 2-3 billion US dollars, the valuation of Canada Goose 2 billion US dollars.
Canada Goose was founded in 1957 and December 2013 private equity firm Bain Capital acquired a majority stake in Canada Goose. Dani Reiss, a grandson of the company’s current CEO, founder Sam Tick, retains a minority stake.
According to Canada Goose’s prospectus, Bain Capital will sell a portion of its equity while continuing to retain a controlling interest in Canada Goose.