Canada Goose Holdings surged in early trading on 27 August after CNBC reported that controlling shareholder Bain Capital has received preliminary offers to take the luxury parka maker private at valuations of about US$1.35 billion to US$1.4 billion. The pricing represents roughly eight times the company’s trailing 12-month earnings before interest, taxes, depreciation and amortisation, the report said. People familiar with the matter told the network that private-equity firms Boyu Capital and Advent International have delivered verbal proposals. Bain, which acquired control of Canada Goose in 2013 and now holds about 60.5 % of the stock, is being advised by Goldman Sachs and plans to wait for additional expressions of interest before selecting a preferred buyer. Formal due-diligence work could be completed in less than two months once a bidder is chosen, the sources added. The news lifted Canada Goose’s New York-listed shares by nearly 7 % pre-market, implying a market capitalisation of roughly US$1.29 billion versus about US$1.1 billion before the report. The stock has gained more than 21 % so far this year, although it remains well below its 2018 peak valuation of US$7.7 billion. Neither Bain Capital nor Canada Goose commented on the potential transaction. One industry observer said no formal bids have yet been lodged, underscoring that the process remains at an early stage.