Private equity firm Bain Capital has acquired a majority stake in Canada Goose, an outerwear company.

Toronto-based Canada Goose makes outerwear meant for extreme weather. Terms of the transaction were not disclosed.

Bain, headquartered in Boston, has invested in several Canadian consumer brand companies, including Shoppers Drug Mart, Bombardier Recreational Products and BTI Systems.  The private equity firm sold insurance software company Applied Systems Inc. in November. 

Canaccord Genuity Corp. served as financial adviser to Canada Goose, while Deloitte LLP provided accounting services and Torkin Names LLP provided legal advice. PwC LLP provided financial advice to Bain on the deal. Ropes & Gray LLP, Stikeman Elliott LLP, Loyens & Loeff Luxembourg Sarl and Maples and Calder served as Bain’s legal counsel.

Other recent retail deals include Leonard Green & Parnters LP’s purchase of Lucky Brand Jeans, which was also announced on Dec. 10, and Permira Funds’ acquisition of Dr Martens’ parent company.