Canada Goose, the maker of cold weather outerwear, has completed a deal to sell a majority stake in the company to private equity firm Bain Capital.

Dani Reiss will remain president and CEO, and continue to own a "significant" minority stake in the company, Canada Goose said. Financial terms of the transaction were not disclosed.

Reiss said the investment will enable the company to "amplify" its success to date. "Bain Capital has a long and impressive track record of successfully investing in beloved Canadian companies, and we are thrilled to bring them on board. They're the right partner with the right resources and people to help us reach our potential."

Canada Goose's apparel is sold in around 50 countries. It recently doubled production capacity in Winnipeg by moving into a 57,000sq ft facility, in addition to moving its Toronto manufacturing operations into a new 90,000sq ft building - a 60% increase over its previous location.

In 2011, the company acquired Engineered Apparel, a Canadian manufacturing facility with 120 employees.