Bain and Caisse-Backed BRP Files IPO Prospectus
Valcourt, Québec-based Bombardier Recreational Products Inc. (BRP), a portfolio company of Bain Capital and the private equity group of the Caisse de dépôt et placement du Québec, has filed a preliminary prospectus with Canadian regulatory authorities in connection with a proposed initial public offering of subordinate voting shares. BRP, which develops, manufactures and distributes power-sports vehicles, such as Ski-Doos and Sea-Doos, was acquired by Bain, the Caisse and members of the Bombardier family for C$960 million in 2003.
17 April 2013•2 mins read
