Company CEO Dani Reiss previously said Canada Goose would only consider offering a minority interest. He will remain as president and CEO following the stake sale.
Canada Goose was said to have targeted buyout firms including Blackstone, Permira, Quadriga Capital and Equistone, as well as sector peers such as Nike and Adidas.
Reiss said, “With this investment, we’re able to amplify what has driven our success for the last 15-plus years – delivering the best and warmest jackets to the rest of the world – all proudly made in Canada.
“Bain Capital has a long and impressive track record of successfully investing in beloved Canadian companies, and we are thrilled to bring them on board.
“They’re the right partner with the right resources and people to help us reach our potential.”
Bain Capital has previously invested in Canadian consumer brands and retail companies including Shoppers Drug Mart, Bombardier Recreational Products and BTI Systems.
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