SRx Group of Companies
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-25-00749244-00CL
- Industry
- Health care · Pharmacies
SRx Group of Companies — SRx Health Solutions (Canada) Inc. and the affiliated entities listed at Schedule A — began CCAA proceedings on August 21, 2025, before the Ontario Superior Court of Justice (Commercial List), with Grant Thornton Limited appointed Monitor. The same day, the court approved a sale under an approval and vesting order and extended the CCAA stay of proceedings. Counsel of record includes Miller Thomson LLP; the court file number is CV-25-00749244-00CL.
The officer filed report no. Seventh Report. All planned sale transactions in the SRx Group's CCAA sale process have closed and operations have been wound down with no remaining employees; the parent company's CEO continues to assist with remaining distribution matters.
Source: Seventh Report of the Monitor dated May 13, 2026.pdf
Motion Record of the Applicants returnable May 20, 2026.pdf — Application / notice of application
The officer filed report no. Fifth Report. All planned sale transactions in the CCAA Sale Process have been completed and the SRx Group's operations have been wound down with no remaining employees, though the parent company's CEO continues to assist with remaining matters.
Source: Fifth Report of the Monitor dated March 27, 2026.pdf
Motion Record of the Applicants Returnable March 30, 2026.pdf — Application / notice of application
The officer filed report no. Fourth Report. All planned sale transactions have closed and SRx Group's operations have been wound down, with only one Canadian employee retained on an hourly basis to assist with remaining matters.
Source: Fourth Report of the Monitor dated January 29, 2026.pdf
The officer filed report no. Third Report. The SRx Group is winding down operations, closing its Ontario warehouse, terminating employees, and working to close remaining Court-approved sale transactions for its pharmacy and clinic locations under the CCAA sale process.
Source: Third Report of the Monitor dated November 25, 2025.pdf
The court granted an approval and vesting order for the sale to 2741067 Alberta Ltd. Closing terms, as extracted: Vesting effective upon delivery of the Monitor's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction.
Source: Approval and Vesting Order on Edmonton of Justice Black dated October 29, 2025.pdf
The court granted an approval and vesting order for the sale to 1553081 B.C. Ltd. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction.
Source: Approval and Vesting Order on Mediglen of Justice Black dated October 29, 2025.pdf
Monitor's Certificate (Cairn Transaction) dated September 2, 2025.pdf — Court officer certificate
Monitor's Certificate (PerCuro Clinical Research Transaction) dated September 2, 2025.pdf — Court officer certificate
The court granted an approval and vesting order for the sale to 2725463 Alberta Inc. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of Closing conditions, and completion of the Transaction. Sealed: Sale Agreement attached as Confidential Appendix D to the First Report.
Source: 2725463 AB Ltd - AVO.PDF
The court granted an approval and vesting order for the sale to ANSANA Calgary Inc. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction.
Source: Adesh - Calgary - AVO.PDF
The court granted an approval and vesting order for the sale to ANSANA BC Inc. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price and satisfaction of closing conditions.
Source: Adesh - Garden Park - AVO.PDF
The court granted an approval and vesting order for the sale to ANSANA London Inc. Closing terms, as extracted: Vesting occurs upon delivery of the Monitor's Certificate confirming payment of the Purchase Price, satisfaction/waiver of closing conditions under section 7 of the Sale Agreement, and completion of the Transaction. Sealed: Sale Agreement attached as Confidential Appendix L to the First Report.
Source: Adesh - London - AVO.PDF
The court granted an approval and vesting order for the sale to ANSANA MISS INC. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of Closing conditions, and completion of the Transaction.
Source: Adesh - Mississauga - AVO.PDF
The court granted an approval and vesting order for the sale to ANSANA Ottawa Inc. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction to the Monitor's satisfaction. Sealed: Sale Agreement (Confidential Appendix 'M' to First Report).
Source: Adesh - Ottawa - AVO.PDF
The court granted an approval and vesting order for the sale to Ansana BL Inc. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction. Sealed: Sale Agreement attached as Confidential Appendix I to the First Report.
Source: Adesh - Brownsline - AVO.PDF
The court granted an approval and vesting order for the sale to ANSANA NEPEAN INC. Closing terms, as extracted: Vesting occurs upon delivery of the Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of Closing conditions, and completion of the Transaction. Sealed: Sale Agreement.
Source: Adesh - Nepean - AVO.PDF
The court granted an approval and vesting order for the sale to 1001332766 Ontario Inc. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction of closing conditions under section 7, and completion of the Transaction. Sealed: Sale Agreement.
The court granted a reverse vesting order in favour of PurposeMed Inc.
Source: PurposeMed Inc. - RVO.PDF
The court extended the CCAA stay of proceedings on August 21, 2025.
Source: 15. Amended and Restated Initial Order dated August 21, 2025.pdf
The Ontario Superior Court of Justice approved a sale under an approval and vesting order on August 21, 2025.
Source: Carruthers Drugs Ltd. - AVO.PDF
Initial Application and Notice of Motion dated August 11, 2025.PDF — Application / notice of application
Undated filings1 — no date appears on the document · show
Debtor
SRx Group of Companies
Monitor
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 23 orders, Aug 2025 – May 2026 | 198 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Nov 2025 – Apr 2026 | 318 cases on record |
| Justice Dietrich | Ontario Superior Court of Justice | 2 orders, Mar 2026 | 132 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Jan 2026 | 310 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantSRx Group of Companies | Miller Thomson LLP · Millerthomsonllp | 12 Aug 2025 | Factum · 21 Aug 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 563 casesDocument itemises individual creditors on pages 1-13; total shown here reflects the stated grand total. Given the extremely large number of itemised creditors (hundreds), individual entries are not separately reproduced here beyond noting the total; see itemised list on pages 1-13 for names/amounts (e.g. McKesson Canada Corporation $7,960,869; Nu-Quest Distribution Inc. $7,057,562; SRX Health Wholesale & Distribution $35,304,743; Borden Ladner Gervais LLP $1,602,922; Manulife $324,518; Mnp LLP $348,185; DORSEY & WHITNEY LLP $272,851; PURPOSEMED INC $207,242; Shoppers Drug Mart Specialty Health · as of 8 Aug 2025 | $58.7M | Creditor Listing as of August 8, 2025.pdf |
16 transactions · 10 closed · 6 approved — A listing of all locations of the SRx Group that have been acquired by various purchasers within the Sale Process and approved by the CourtSeventh Report of the Monitor dated May 13, 2026.pdf · 13 May 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1001332766 Ontario Inc.the purchased assets described in the Sale Agreement · asset sale · agreement 21 Aug 2025 | Subscribers | Closeddate not stated | Monitor's Certificate (Cairn Transaction) dated… |
| 2725463 Alberta Inc.the Vendor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | Sealed | Closed1 Oct 2025 | Monitor's Certificate (Red Deer) dated October… |
| ANSANA BC Inc.All assets acquired for or used exclusively in connection with the operation of the Pharmacy, as defined in the Sale Agreement · asset sale · agreement 21 Aug 2025 | not stated | Approved21 Aug 2025 | Adesh - Garden Park - AVO.PDF |
| ANSANA Calgary Inc.the Vendor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | not stated | Approved21 Aug 2025 | Adesh - Calgary - AVO.PDF |
| ANSANA London Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | Sealed | Approved21 Aug 2025 | Adesh - London - AVO.PDF |
| ANSANA MISS INC.the Vendor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | not stated | Closed22 Oct 2025 | Monitor's Certificate (Mississauga) dated… |
| ANSANA NEPEAN INC.the Vendor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | Sealed | Closeddate not stated | Monitor's Certificate (Nepean) dated October… |
| ANSANA Ottawa Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | Sealed | Approved21 Aug 2025 | Adesh - Ottawa - AVO.PDF |
| Ansana BL Inc.the Vendor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | Sealed | Closed22 Oct 2025 | Monitor's Certificate (Brownsline) dated… |
| Carruthers Drugs Ltd.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 21 Aug 2025 | not stated | Approved21 Aug 2025 | Carruthers Drugs Ltd. - AVO.PDF |
| Green Room Investments Inc.the charter and articles of incorporation of the Company and the assets and business associated with a pharmacy located at 223 Main Street, Vancouver, British Columbia · share subscription · ResidualCo: 1001333161 Ontario Inc. · agreement 20 Aug 2025 | Subscribers | Closed4 Nov 2025 | Monitor's Certificate (Pier Health) dated… |
| Mai Ayoubthe Vendor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · nominee/assignee: a corporation to be incorporated · agreement 21 Aug 2025 | Subscribers | Approved21 Aug 2025 | Mai Ayoub - AVO.PDF |
| PerCuro Clinical Research Inc.the Purchased Assets described in the Sale Agreement and listed on Schedule C hereto · asset sale · agreement 21 Aug 2025 | not stated | Closeddate not stated | Monitor's Certificate (PerCuro Clinical… |
| PurposeMed Inc.the charter and articles of incorporation of SRx Health Ontario Inc. and the assets and business associated with a specialty pharmacy located at 34 Wellesley Street East, Toronto · share subscription · agreement 21 Aug 2025 | Subscribers | Closed24 Oct 2025 | Monitor's Certificate (CharterCo) dated October… |
| 1553081 B.C. Ltd.all assets acquired for or used exclusively in connection with the operation of the Pharmacy located at 102-1173 The High Street, Coquitlam, British Columbia, including all Books and Records, Business Intellectual Property (excluding any intellectual property incorporating or consisting of 'SRx' or any derivation thereof), Approvals, fixed assets and goodwill · share sale · agreement 21 Aug 2025 | not stated | Closed19 Dec 2025 | Monitor's Certificate (Mediglen) dated December… |
| 2741067 Alberta Ltd.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 2 Oct 2025 | not stated | Closed31 Oct 2025 | Monitor's Certificate (Edmonton) dated October… |
1 engagement · 1 firm — Cozen O'Connor LLP, 1 Oct 2025 – 8 May 2026Seventh Report of the Monitor dated May 13, 2026.pdf · 13 May 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Cozen O'Connor LLPCounsel to the monitor | 1 Oct 2025 – 8 May 2026 | — | — | Seventh Report of the Monitor dated May 13, 2026.pdf · 13 May 2026 |
1 blurred figure above
What the firm billed — each as the filing states it, with its source.
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See all plansCash on hand
$685K
As at 27 Mar 2026Fifth Report of the Monitor dated March 27, 2026.pdf
Professional fees
As at
1 more reported figure
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Justice Black dated May 20, 2026.pdf
| PDF · Subscribers | |
Order of Justice Black dated May 20, 2026.pdf
| PDF · Subscribers | |
| Factum of the SRX Group dated May 19, 2026.pdf | PDF · Subscribers | |
Seventh Report of the Monitor dated May 13, 2026.pdf
| PDF · Subscribers | |
| Motion Record of the Applicants returnable May 20, 2026.pdf | PDF · Subscribers | |
Endorsement of Justice Cavanagh dated April 13, 2026.pdf
| PDF · Subscribers | |
Sixth Report of the Monitor dated April 8, 2026.pdf
| PDF · Subscribers | |
Endorsement of Justice J. Dietrich dated March 30, 2026.pdf
| PDF · Subscribers | |
Stay Extension Order dated March 30, 2026.pdf
| PDF · Subscribers | |
Fifth Report of the Monitor dated March 27, 2026.pdf
| PDF · Subscribers | |
| Motion Record of the Applicants Returnable March 30, 2026.pdf | PDF · Subscribers | |
Endorsement of Justice Conway dated January 30, 2026.pdf
| PDF · Subscribers | |
Order dated January 30, 2026.pdf
| PDF · Subscribers | |
Fourth Report of the Monitor dated January 29, 2026.pdf
| PDF · Subscribers | |
Statement of Law dated January 29, 2026.pdf
| PDF · Subscribers | |
| Monitor's Certificate (Calgary) dated January 7, 2026.pdf | PDF · Subscribers | |
Monitor's Certificate (Mediglen) dated December 19, 2025.pdf
| PDF · Subscribers | |
| Monitor's Certificate (Garden Park) dated December 1, 2025.pdf | PDF · Subscribers | |
Endorsement of Justice Cavanagh dated November 28, 2025.pdf
| PDF · Subscribers | |
Order of Justice Cavanaugh dated November 28, 2025.pdf
| PDF · Subscribers | |
| Motion Record returnable November 28, 2025.pdf | PDF · Subscribers | |
Third Report of the Monitor dated November 25, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (Pier Health) dated November 4, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (Edmonton) dated October 31, 2025.pdf
| PDF · Subscribers | |
Approval and Vesting Order on Edmonton of Justice Black dated October 29, 2025.pdf
| PDF · Subscribers | |
Approval and Vesting Order on Mediglen of Justice Black dated October 29, 2025.pdf
| PDF · Subscribers | |
Endorsement of Justice Black dated October 29, 2025.pdf
| PDF · Subscribers | |
Order on Stay Extension of Justice Black dated October 29, 2025.pdf
| PDF · Subscribers | |
| Second Report of the Monitor dated October 28, 2025.pdf | PDF · Subscribers | |
Monitor's Certificate (CharterCo) dated October 24, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (Nepean) dated October 24, 2025.pdf
| PDF · Subscribers | |
| Monitor's Certificate (Nova Scotia) dated October 24, 2025.pdf | PDF · Subscribers | |
Monitor's Certificate (Brownsline) dated October 22, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (London) dated October 22, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (Mississauga) dated October 22, 2025.pdf
| PDF · Subscribers | |
| Monitor's Certificate (Ottawa) dated October 22, 2025.pdf | PDF · Subscribers | |
Monitor's Certificate (Red Deer) dated October 1, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (Cairn Transaction) dated September 2, 2025.pdf
| PDF · Subscribers | |
Monitor's Certificate (PerCuro Clinical Research Transaction) dated September 2, 2025.pdf
| PDF · Subscribers | |
15. Amended and Restated Initial Order dated August 21, 2025.pdf
| PDF · Subscribers | |
2725463 AB Ltd - AVO.PDF
| PDF · Subscribers | |
Adesh - Brownsline - AVO.PDF
| PDF · Subscribers | |
Adesh - Calgary - AVO.PDF
| PDF · Subscribers | |
Adesh - Garden Park - AVO.PDF
| PDF · Subscribers | |
Adesh - London - AVO.PDF
| PDF · Subscribers | |
Adesh - Mississauga - AVO.PDF
| PDF · Subscribers | |
Adesh - Nepean - AVO.PDF
| PDF · Subscribers | |
Adesh - Ottawa - AVO.PDF
| PDF · Subscribers | |
Cairn Merchant Partners Inc. AVO.PDF
| PDF · Subscribers | |
Carruthers Drugs Ltd. - AVO.PDF
| PDF · Subscribers | |
Endorsement of Justice Black dated August 21, 2025.pdf
| PDF · Subscribers | |
Factum of the SRX Group (Comeback Hearing) dated August 21, 2025.PDF
| PDF · Subscribers | |
| First Report of the Monitor dated August 21, 2025.pdf | PDF · Subscribers | |
Green Room Investments Inc. - RVO.PDF
| PDF · Subscribers | |
Mai Ayoub - AVO.PDF
| PDF · Subscribers | |
Percuro AVO.PDF
| PDF · Subscribers | |
PurposeMed Inc. - RVO.PDF
| PDF · Subscribers | |
| Motion Record returnable August 21, 2025.PDF | PDF · Subscribers | |
Endorsement of Justice Black dated August 12, 2025.pdf
| PDF · Subscribers | |
Initial Order dated August 12, 2025.pdf
| PDF · Subscribers | |
Non-disclosure agreement.pdf
| PDF · Subscribers | |
Notice to Creditors of SRx Group CCAA Proceedings.pdf
| PDF · Subscribers | |
| Pre-Filing Report of the Proposed Monitor dated August 12, 2025.pdf | PDF · Subscribers | |
Sale Process Teaser.pdf
| PDF · Subscribers | |
| Factum dated August 11, 2025.PDF | PDF · Subscribers | |
| Initial Application and Notice of Motion dated August 11, 2025.PDF | PDF · Subscribers | |
Sale Process Procedures.pdf
| PDF · Subscribers | |
Creditor Listing as of August 8, 2025.pdf
| PDF · Subscribers | |
| Service List.DOCX | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “SRx Group of Companies” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/srx-group-of-companies