* BRP (TSX:DOO:CA [https://seekingalpha.com/symbol/DOO:CA]) and Bain Capital have entered into a bought deal agreement with BMO Capital Markets for a secondary offering.
* Bain Capital will sell 1.5M subordinate voting shares at C$90.71/share, totaling C$136M in gross proceeds.
* The net proceeds from the offering will go entirely to the selling shareholder; BRP will not receive any proceeds.
* Post-offering, Bain’s ownership will drop to 14.4% of total shares and 24.4% of voting power, down from 16.4% and 27.1% respectively.
* The offering is expected to close on or about September 12, 2025.
* Source: Press release [https://seekingalpha.com/pr/20224982-brp-and-its-principal-shareholder-announce-bought-deal-secondary-offering]
MORE ON BRP INC.
* BRP Inc. 2026 Q2 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4817974-brp-inc-2026-q2-results-earnings-call-presentation]
* BRP Inc. (DOOO) Q2 2026 Earnings Call Transcript [https://seekingalpha.com/article/4817973-brp-inc-dooo-q2-2026-earnings-call-transcript]
* Primer Series: BRP Inc. - The Unmatched Leader In Powersports [https://seekingalpha.com/article/4815133-primer-series-brp-inc-the-unmatched-leader-in-powersports]
* Historical earnings data for BRP Inc. [https://seekingalpha.com/symbol/DOO:CA/earnings]
* Dividend scorecard for BRP Inc. [https://seekingalpha.com/symbol/DOO:CA/dividends/scorecard]
BRP announces C$136M secondary share offering by Bain Capital
Published 2 months ago
Sep 8, 2025 at 8:49 PM
Negative
Auto