(Reuters) -Canada Goose's controlling shareholder Bain Capital has received bids to take the luxury goods maker private at a valuation of about $1.4 billion, CNBC reported on Tuesday, citing people familiar with the matter.
Private equity firm Bain, which acquired Canada Goose in 2013, is looking to offload its holding, with Goldman Sachs advising on the sale, the report said.
However, it is holding off on a decision until more offers roll in.
The company, which is listed in both Toronto and New York,
is valued at $1.18 billion, according to LSEG data.
Reuters could not immediately verify the report. Canada Goose, Bain Capital, Goldman Sachs and the interested parties did not immediately respond to Reuters requests for comment.
Global dealmaking has reached $2.6 trillion, the highest for the first seven months of the year since the 2021 pandemic-era peak, as a quest for growth in corporate boardrooms. Private equity, which had been sitting on the sidelines, has once again been active.
CNBC said private equity firms Advent International and Boyu Capital have made verbal offers to acquire Canada Goose, a company best known for its parkas but which also produces bombers, lightweight jackets, eyewear, rainwear, and accessories.
Other prospective buyers include Shanghai-based apparel manufacturer Bosideng International, and a consortium formed by Hong Kong-listed sportswear maker Anta Sports Products and private-equity firm FountainVest Capital, according to the report.
Canada Goose posted a bigger-than-expected quarterly loss in July, hit by higher costs from efforts to expand its retail presence and promotional campaigns.
It had withheld its fiscal 2026 forecast in May due to tariff uncertainty. But unlike the broader retail sector, it has been able to partly shield itself from tariff impacts, thanks to its domestically made products being exempt under the U.S.-Mexico-Canada trade pact.
(Reporting by Chandni Shah in Bengaluru; Editing by Sumana Nandy and Janane Venkatraman)
