Proceedings.

Sale processes across Canada

967 processes in active matters · 12 taking bids · court-supervised sales, as the filings state them

The market, drawn to scaleThe market

Each slice is one stage, drawn to scale — 967 processes in matters still open, in the order a sale travels. Cobalt deepens as a process advances; grey is concluded; the hatch is a process no filing has staged.

What each sale went for is for subscribers — the stated price, beside the purchaser. The stages, the counts and who bought are open to everyone.

Subscribe

Already a subscriber? Sign in.

By stageMarketed (24)Process approved (101)Bid selected (7)Approval pending (128)Approved (367)Back-up bid (1)Liquidating (35)Closed (232)Did not complete (15)No acceptable bid (13)Terminated (3)Stage not stated (41)

Clear filters
13 of 3 · Process approvedtaking bids (12)
CaseStageWhat is sellingPurchaserPriceAdvisorLast activity
Index Group et alOntarioProcess approvedReal property421 PropertyMuhammad Saleem•••MNP Ltd.5 Jun 2023
Vertex Downhole Ltd.AlbertaProcess approvedAsset saleall rights and obligations of the Receiver and Vertex Downhole Ltd. ('Vertex') arising or accruing from and after the Closing Date ... under the agreements listed at Schedule 'A' hereto (the 'Assigned Agreements')2435819 Alberta Ltd.SealedMNP Ltd.21 Jul 2022
Ferrex Engineering LtdOntarioProcess approvedAsset saleall of the Company's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets')MSC Manufacturing Solutions Corp.MNP Ltd.17 Jun 2020

What a process looks likeBenchmarks

Measured across the record

The funnel, median

77 16 3

parties solicited → NDAs signed → bids received, over 410 processes that stated all three

Approval to closing

15 days

median, over 316 transactions that state both dates

Did not complete

9%

247 of 2,875 transactions ended without a sale

Price disclosed

21%

24% sealed by order; the rest simply never stated

Who runs these salesWho runs them

Named in the filings
  1. ColliersLiquidator · Listing broker · 7 provinces48
  2. CBRE LimitedListing broker · 5 provinces40
  3. McDougall Auctioneers Ltd.Auctioneer · 6 provinces28
  4. Avison YoungListing broker · 4 provinces27
  5. Ernst & Young Inc.Auctioneer · Financial advisor · Liquidator · Sale agent · 5 provinces22
  6. Deloitte Restructuring Inc.Financial advisor · Sale agent · 5 provinces20
  7. FTI Consulting Canada Inc.Financial advisor · Sale agent · 4 provinces18
  8. Grant Thornton LimitedFinancial advisor · Sale agent · 7 provinces17
  9. Ritchie Bros. AuctioneersAuctioneer · 4 provinces17
  10. MNP Ltd.Listing broker · Sale agent · 5 provinces16
  11. Ernst & Young Orenda Corporate Finance Inc.Financial advisor · Listing broker · Sale agent · 5 provinces15
  12. Cushman & WakefieldListing broker · 3 provinces14

Mandates in matters still open, counted once per sale however many filings name the firm. 514 advisors appear in the record; these are the 12 with the most.

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.