Pillsbury corporate partner Jonathan Russo and associate Lexi Calcado have advised Canada Goose Holdings Inc. in a secondary offering of 10 million subordinate voting shares by selling shareholders, including certain executive officers and directors. The offering was announced Nov. 26 and closed on Nov. 29.
Credit Suisse Securities (USA) LLC and CIBC World Markets Inc. acted as underwriters for the offering. The selling shareholders will receive all net proceeds from the offering, and no shares were sold by Canada Goose.
For more details about the offering, click here.
Toronto-based Canada Goose is one of the world’s leading makers of performance luxury apparel. The company recently reported Q2 FY 2019 total revenue of CAD $230.3 million, an increase of 33.7 percent over Q2 FY 2018. Canada Goose employs more than 3,200 people worldwide.