09:21 AM EDT, 09/12/2025 (MT Newswires) -- BRP (DOO.TO) reported Friday the closing of a bought deal secondary offering with principal shareholder Bain Capital Integral Investors II.
In the offering, Bain Capital sold 1.5 million subordinate voting shares of BRP at $90.71 each for $136.1 million in proceeds.
BRP said it did not receive any proceeds from the offering.
Upon closing, Bain and its affiliates held 10,496,629 multiple voting shares of BRP, representing 14.35% of the issued and outstanding shares of the company and about 24.39% of the voting power attached to all of the shares.