BRP Announces US$177.6 Million Secondary Offering of Shares by Bain Capital

An update from BRP ( (TSE:DOO) ) is now available.

On December 18, 2025, BRP Inc. entered into an underwriting agreement with RBC Dominion Securities Inc. and selling shareholder Bain Capital Integral Investors II, L.P. for the secondary sale of 1,850,000 BRP subordinate voting shares held by Bain. Under the deal, RBC Dominion Securities agreed to purchase all of the shares from Bain at US$96.00 per share, implying an aggregate purchase price of US$177.6 million, as part of a cross-border offering qualified through a Canadian base shelf prospectus and a U.S. Form F-10 registration statement, marking a further reduction of Bain’s stake without issuing new BRP equity or raising primary capital for the company.

The most recent analyst rating on (TSE:DOO) stock is a Hold with a C$109.00 price target. To see the full list of analyst forecasts on BRP stock, see the TSE:DOO Stock Forecast page.

Spark’s Take on TSE:DOO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOO is a Neutral.

BRP’s stock score is primarily influenced by its strong technical momentum and positive earnings call guidance, indicating potential for growth. However, financial performance challenges and high valuation weigh down the score, suggesting caution for investors.

To see Spark’s full report on TSE:DOO stock, click here.

More about BRP

BRP Inc., based in Valcourt, Quebec, is a Canadian manufacturer that operates as a foreign private issuer in U.S. capital markets, with its subordinate voting shares registered with the Securities and Exchange Commission and qualified for distribution under both Canadian and U.S. securities regimes.

Average Trading Volume: 173,423

Technical Sentiment Signal: Buy

Current Market Cap: C$7.63B

For a thorough assessment of DOO stock, go to TipRanks’ Stock Analysis page.