Business news : Canada Goose Seeking Equity Investors

Canada Goose, the maker of extreme weather apparel,  has hired the full-service investment bank Canaccord Genuity to find new equity investors, Reuters reported.

Reuters quoted Canada Goose CEO Dani Reiss as saying the family owned company “certainly exploring options to introduced additional equity into the company.”

Just last month Canada Goose opened a new sales room in Germany, where it said sales had grown 500 percent from 2009 through 2012. Reuters quoted an unidentified source as saying the company generates EBITDA of about C$25 million on sales of C$200 million. 

 

Canada Goose is based in Toronto.