SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

Under the Securities Exchange Act of 1934

(Amendment No. 3)

 

 

Canada Goose Holdings Inc.

(Name of Issuer)

Subordinate Voting Shares

(Title of Class of Securities)

135086106

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (“Act”), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 135086106    13G    Page 2 of 8

 

  1    

  Names of reporting persons

 

  Bain Capital Integral Investors 2008, L.P.

  2  

  Check the appropriate box if a member of a group

  (a)  ☒        (b)  ☐

 

  3  

  SEC use only

 

  4  

  Citizenship or place of organization

 

  Cayman Islands

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   5     

  Sole voting power

 

  0

   6   

  Shared voting power

 

  20,073,742 shares

   7   

  Sole dispositive power

 

  0

   8   

  Shared dispositive power

 

  20,073,742 shares

  9    

  Aggregate amount beneficially owned by each reporting person

 

  20,073,742 shares

10  

  Check if the aggregate amount in Row (9) excludes certain shares

 

  ☐

11  

  Percent of class represented by amount in Row (9)

 

  26.4%

12  

  Type of reporting person

 

  PN


CUSIP No. 135086106    13G    Page 3 of 8

 

  1    

  Names of reporting persons

 

  BCPE Fund X Goose Holdings, L.P.

  2  

  Check the appropriate box if a member of a group

  (a)  ☒        (b)  ☐

 

  3  

  SEC use only

 

  4  

  Citizenship or place of organization

 

  Delaware

Number of

shares

 beneficially 

owned by

each

reporting

person

with:

   5     

  Sole voting power

 

  0

   6   

  Shared voting power

 

  10,800,000 shares

   7   

  Sole dispositive power

 

  0

   8   

  Shared dispositive power

 

  10,800,000 shares

  9    

  Aggregate amount beneficially owned by each reporting person

 

  10,800,000 shares

10  

  Check if the aggregate amount in Row (9) excludes certain shares

 

  ☐

11  

  Percent of class represented by amount in Row (9)

 

  16.2%

12  

  Type of reporting person

 

  PN


CUSIP No. 135086106    13G    Page 4 of 8

 

Item 1(a). Name of Issuer

The name of the issuer to which this filing on Schedule 13G relates is Canada Goose Holdings Inc. (the “Issuer”).

Item 1(b). Address of Issuer’s Principal Executive Offices

The principal executive offices of the Issuer are located at 250 Bowie Avenue, Toronto, Ontario, Canada.

Item 2(a). Name of Person Filing

This Schedule 13G is being filed jointly by Bain Capital Integral Investors 2008, L.P., a Cayman Islands exempted limited partnership (“Integral 2008”), and BCPE Fund X Goose Holdings, L.P., a Delaware limited partnership (“BCPE Fund X Holdings” and, together with Integral 2008, the “Reporting Persons”).

Bain Capital Investors, LLC, a Delaware limited liability company (“BCI”), is the general partner of each of Integral 2008 and Bain Capital Partners X, L.P., a Cayman Islands exempted limited partnership (“Partners X”). Partners X is the general partner of Bain Capital Fund X, L.P., a Cayman Islands exempted limited partnership (“Fund X”), which is the member of BCPE Fund X Goose Holdings GP, LLC, a Delaware limited liability company (“BCPE Fund X Holdings GP” and, together with the Reporting Persons, BCI, Partners X and Fund X, the “Bain Capital Entities”), which is the general partner of BCPE Fund X Holdings.

As a result, BCI may be deemed to share voting and dispositive power with respect to the securities held by the Reporting Persons. Voting and investment decisions with respect to securities held by the Reporting Persons are made by the partners of BCI.

The Reporting Persons have entered into a Joint Filing Agreement, dated February 14, 2023, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k)(1) promulgated under the Act.

Item 2(b). Address of Principal Business Office or, if None, Residence

The principal business address for each of the Bain Capital Entities is 200 Clarendon Street, Boston, Massachusetts 02116.

Item 2(c). Citizenship

Integral 2008, Partners X and Fund X are each organized under the laws of the Cayman Islands. BCPE Fund X Holdings, BCPE Fund X Holdings GP and BCI are each organized under the laws of the State of Delaware.

Item 2(d). Title of Class of Securities

The class of equity securities of the Issuer to which this Schedule 13G relates is Subordinate Voting Shares.

Item 2(e). CUSIP Number

The CUSIP number of the Subordinate Voting Shares is 135086106.


CUSIP No. 135086106    13G    Page 5 of 8

 

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a

 

(a)       Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)       Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)       Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)       Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)       An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)       An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)       A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)       A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)       A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j)       A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
(k)       Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution.

 

Item 4.

Ownership

(a) Amount beneficially owned:

As of the close of business on December 31, 2022, Integral 2008 held 20,073,742 Multiple Voting Shares of the Issuer and BCPE Fund X Holdings held 10,800,000 Multiple Voting Shares of the Issuer.

The rights of the holders of the Issuer’s Multiple Voting Shares and Subordinate Voting Shares are substantially identical, except with respect to voting and conversion. The Subordinate Voting Shares have one vote per share and the Multiple Voting Shares have 10 votes per share. The Subordinate Voting Shares are not convertible into any other class of shares, while the Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-one basis at the option of the holder and under certain other circumstances.

Accordingly, the 20,073,742 Multiple Voting Shares held by Integral 2008 represent approximately 35.5% of the Issuer’s total voting power and the 10,800,000 Multiple Voting Shares held by BCPE Fund X Holdings represent approximately 19.1% of the Issuer’s total voting power.

In addition, the 20,073,742 Multiple Voting Shares held by Integral 2008 are convertible, at the option of Integral 2008, into 20,073,742 Subordinate Voting Shares, or approximately 26.4% of the Issuer’s outstanding Subordinate Voting Shares, and the 10,800,000 Multiple Voting Shares held by BCPE Fund X Holdings are convertible, at the option of BCPE Fund X Holdings, into 10,800,000 Subordinate Voting Shares, or approximately 16.2% of the Issuer’s outstanding Subordinate Voting Shares.

As a result of the foregoing and the relationships described in Item 2(a) of this Schedule 13G, the Reporting Persons may be deemed to collectively beneficially own an aggregate of 30,873,742 Multiple Voting Shares, representing approximately 54.5% of the Issuer’s total voting power, and which are convertible, at the option of the Reporting Persons, into an aggregate of 30,873,742 Subordinate Voting Shares, or approximately 35.6% of the Issuer’s outstanding Subordinate Voting Shares.


CUSIP No. 135086106    13G    Page 6 of 8

 

The percentage of the Issuer’s outstanding Subordinate Voting Shares and total voting power held by the Reporting Persons are based on 55,961,710 Subordinate Voting Shares and 51,004,076 Multiple Voting Shares outstanding, as reported in the Issuer’s Form 6-K filed with the Securities and Exchange Commission on February 2, 2023.

The Reporting Persons are party to an Investor Rights Agreement, dated as of March 6, 2017, with DTR LLC, an entity directly controlled by the Issuer’s President and Chief Executive Officer. The Investor Rights Agreement requires that the Reporting Persons and DTR LLC cast all votes to which they are entitled to elect directors designated in accordance with the terms and conditions of the Investor Rights Agreement. As a result, the Reporting Persons and DTR LLC may be deemed to be a group for purposes of Section 13(d) of the Act. The Reporting Persons disclaim beneficial ownership of the securities held by DTR LLC.

(b) Percent of class:

See Item 4(a) hereof.

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

0

(ii) Shared power to vote or direct the vote:

 

Integral 2008    20,073,742
BCPE Fund X Holdings    10,800,000

(iii) Sole power to dispose or to direct the disposition of:

0

(iv) Shared power to dispose or to direct the disposition of:

 

Integral 2008    20,073,742
BCPE Fund X Holdings    10,800,000

Item 5. Ownership of Five Percent or Less of a Class

Not applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

Item 8. Identification and Classification of Members of the Group

Not applicable.


CUSIP No. 135086106    13G    Page 7 of 8

 

Item 9. Notice of Dissolution of Group

Not applicable.

Item 10. Certifications

Not applicable.


CUSIP No. 135086106    13G    Page 8 of 8

 

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information in this statement is true, complete and correct.

 

Dated: February 14, 2023     Bain Capital Integral Investors 2008, L.P.
    By:   Bain Capital Investors, LLC,
      its general partner
    By:  

/s/ Ryan Cotton

      Name:   Ryan Cotton
      Title:   Partner
    BCPE Fund X Goose Holdings, L.P.
    By:   BCPE Fund X Goose Holdings GP, LLC,
      its general partner
    By:   Bain Capital Fund X, L.P.,
      its member
    By:   Bain Capital Partners X, L.P.,
      its general partner
    By:   Bain Capital Investors, LLC,
      its general partner
    By:  

/s/ Ryan Cotton

      Name:   Ryan Cotton
      Title:   Partner
EX-99.A

Exhibit A

AGREEMENT REGARDING THE JOINT FILING OF

SCHEDULE 13G

The undersigned hereby agree as follows:

 

  (i)

Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and

 

  (ii)

Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

Dated: February 14, 2023   Bain Capital Integral Investors 2008, L.P.
  By:   Bain Capital Investors, LLC,
    its general partner
  By:  

/s/ Ryan Cotton

    Name:   Ryan Cotton
    Title:   Partner
  BCPE Fund X Goose Holdings, L.P.
  By:   BCPE Fund X Goose Holdings GP, LLC,
    its general partner
  By:   Bain Capital Fund X, L.P.,
    its member
  By:   Bain Capital Partners X, L.P.,
    its general partner
  By:   Bain Capital Investors, LLC,
    its general partner
  By:  

/s/ Ryan Cotton

    Name:   Ryan Cotton
    Title:   Partner