Initial Public Offering

Consumer
Initial Public Offering

Summary

Baird served as co-manager on this offering

About

BRP Inc. (“BRP” or the “Company”) (TSX: DOO), a portfolio company of Bain Capital, Beaudier Group and Caisse de dépôt et placement du Québec, recently completed an initial public offering of 12,200,000 shares of common stock at a price of C$21.50 per share, generating gross proceeds of approximately C$262.3 million. The Company intends to use the net proceeds from the offering to repay indebtedness under its term facility.

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles and propulsion systems. The Company’s diversified portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs, Can-Am ORVs (which include ATVs and SSVs), Can-Am Spyder roadsters, Evinrude outboard engines and Rotax engines for karts, motorcycles, boats and recreational and small aircraft. Additionally, the Company supports its line of products with a dedicated parts, accessories and clothing business. BRP's products are widely recognized for their superior design, technology, quality, performance and fit and finish. BRP is headquartered in Valcourt, Québec, Canada.

For additional information about this transaction, please contact:

Kurt Roth 312-609-4689
Les Cheek 617-426-5789
Peter Kies 414-765-7262
Mark Karns 312-609-7045
Vinay Ghai +44 (0) 20 7667 8225
Consumer
Initial Public Offering
Date
May 2013
Company
BRP Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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