Ropes & Gray Advises Bain Capital and BRP in C$139 Million Secondary Offering

In The News
April 19, 2024

Ropes & Gray represented Bain Capital in the sale of 1,500,000 subordinate voting shares of BRP Inc., a boating and powersports company, announced April 15 in a press release.  Ropes & Gray also acted as U.S. counsel to BRP.  

The offering was conducted on a bought deal basis with BMO Capital Markets and was registered in Canada and the United States. In addition, Ropes & Gray advised Bain Capital on a related distribution in kind of 998,995 of BRP's multiple voting shares to certain of its affiliates and limited partners.

The Ropes & Gray team was led by capital markets partner Rachel Phillips and capital markets counsel Tristan VanDeventerand included tax partner David Saltzman.