Sale processes across Canada
1,051 processes in active matters · 11 taking bids · court-supervised sales, as the filings state them
The market, drawn to scaleThe market
Each slice is one stage, drawn to scale — 1,051 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.
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See all plansBy stageMarketed (50)Process approved (109)Bid selected (8)Approval pending (116)Approved (415)Back-up bid (0)Liquidating (35)Closed (261)Did not complete (10)No acceptable bid (14)Terminated (5)Stage not stated (28)
Taking bids nowTaking bids
The calendar2055226 Ontario Inc., Alliance (Sutton) Inc., Berkstar Development Inc., and Rose Operating I GP Inc. Process approved
Ontario · Daniel Foch of Valery Real Estate Inc., Colliers · source
Ferguson-Neudorf Glass Inc. Process approved
Ontario · CBRE Limited · source
A Parent Media Co. Inc and Kidoodle, Inc. Process approved
Alberta · source · in 3 filings
Petrowest Corporation et al Marketed
Alberta · Ernst & Young Inc., EY Corporate Finance, Alex Lyon and Son Sales Managers & Auctioneers, Inc., Myron Bowling Auctioneers, Inc., Ritchie Bros. Auctioneers, Ritchie Bros. Real Estate Services Ltd. · source
Spectra Premium Mobility Solutions Canada Ltd and Spectra Premium Mobility Solutions USA, LLC Process approved
Quebec · EY-Parthenon Corporate Finance Inc. · source · in 2 filings
Western Potash Corporation Process approved
British Columbia · FTI Consulting Canada Inc., FTI Capital Advisors Canada ULC · source · in 3 filings
S. Gumpert Co. of Canada Ltd. et al Process approved
Ontario · source
Sussman Mortgage Funding Inc. (SMFI) et al. Process approved
Ontario · source
Association Coopérative des Pêcheurs de l’Île Limitée / Island Fisherman’s Co-operative Association Limited Process approved
New Brunswick · EY-Parthenon Corporate Finance Inc. · source
Alliance Wingsail (Clark and 1st) Holdings Ltd., Alliance Wingsail (Clark and 1st) LP, and Alliance Wingsail (Clark and 1st) GP Ltd Process approved
British Columbia · source
Prairie Provident Resources Canada Ltd. et al Stage not stated
Alberta · source
Every date is the one a filing states, and links to that filing.
| Case | Stage | What is selling | Purchaser | Price | Advisor | Last activity ▲ |
|---|---|---|---|---|---|---|
| Strategic Oil and Gas Ltd. And Strategic Transmission Ltd. (Receivership)Alberta | Process approved | — | — | — | — | 15 Jul 2022 |
| Vertex Downhole Ltd.Alberta | Process approved | Asset 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. | Sealed | MNP Ltd. | 21 Jul 2022 |
| BlackRockMetalsQuebec | Closed | Asset saleall right, title and interest in and to the Purchased Shares | OMF Fund II H. Ltd.1 of 4 sales · 1 closed | Deloitte Restructuring Inc. | 22 Jul 2022 | |
| North American Fur Auctions Inc.Ontario | Closed | AuctionCertain intellectual property and business assets (e.g. computers and other assets necessary to support a fur auction business) | —1 of 10 sales · 4 closed | Sealed | CBRE Limited+2 more | 22 Jul 2022 |
| Rbee Aggregate Consulting Ltd.Alberta | Liquidating | —the Auction | —1 of 4 sales · 2 closed | Sealed | FTI Consulting Canada Inc.+1 more | 3 Aug 2022 |
| Trident Exploration Corp. (Receivership)Alberta | Closed | Asset salethe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the Purchased Assets), excluding all of the Debtors' other assets and interests | 2234873 Alberta Ltd.1 of 28 sales · 4 closed | Sealed | Sayer Energy Advisors+2 more | 15 Aug 2022 |
| Choom Holdings Inc., Choom BC Retail Holdings Inc., Phivida Holdings Inc., 2151414 Alberta Ltd. and 2688412 Ontario Inc.British Columbia | Approved | Asset salethe assets described in the Purchase Agreement (the 'Purchased Assets') | High Tide Inc.1 of 2 sales · 1 closed | — | 25 Aug 2022 | |
| Triumph Development HK Bradford Twin Regency Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title, benefit and interest in the assets described in the Sale Agreement | 2792523 Ontario Inc. (in Trust) | — | — | 14 Sep 2022 |
| Elcano Exploration Inc., Elcano Exploration Ltd. & Elcano Energy PartnershipAlberta | Closed | Asset salethe sale of the Manitoba Assets ... and all agreements related to and necessary for the operation of the Manitoba Assets | 10101906 Manitoba Ltd.1 of 3 sales · 2 closed | ARCO Capital Partners Inc. | 5 Oct 2022 | |
| 1150165 BC Ltd -ChartwellBritish Columbia | Approval pending | Real propertythe Purchased Assets | Pei Hong Nie | Virani Real Estate Advisors | 6 Oct 2022 | |
| Stellar One Holdings LtdAlberta | Approved | Real propertythe Company's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | Dixon Contracting Ltd.1 of 9 sales | Sealed | RGM Aviation Ltd.+1 more | 14 Oct 2022 |
| Yukon Zinc Corporation (Bankruptcy)British Columbia | Terminated | — | — | — | — | 19 Oct 2022 |
| Kanwal INC. AND 9058-0150 QUEBEC IncQuebec | Closed | Asset salePurchased Assets of Kanwal inc. (assets of the debtor, with continuity of operations), under the Asset Purchase Agreement | Ekip Innovations inc. | Sealed | — | 20 Oct 2022 |
| Cavallo Winery Ltd.British Columbia | Process approved | — | — | — | The Bowra Group Inc. | 2 Nov 2022 |
| Agence de Voyage Drummond Inc.Quebec | Approvedper the transactions | Asset salethe assets described in the Purchase Agreement (the "Purchased Assets") | Voyages Superstore Quebec Inc. | Sealed | — | 9 Nov 2022 |
| 2589504 Ontario Inc.Ontario | Closed | Real propertythe Purchased Assets described in the Sale Agreement as listed on Schedule 'B'... including the real property municipally known as 100 Sheppard Ave. West, Toronto, Ontario | 1000105943 Ontario Inc. | — | — | 10 Nov 2022 |
| 9017739 Canada Inc. (formerly Wirkn Inc.)Quebec | Closed | Asset salethe Purchased Assets | 1000330141 Ontario Inc. | Mazars | 15 Nov 2022 | |
| Westoak Naturals Inc.Ontario | Process approved | Asset salePurchased Assets (as defined in the Stalking Horse Agreement) | Avena Foods Limited | — | — | 15 Nov 2022 |
| Leading Edge Geomatics IncQuebec | Marketed | — | — | — | — | 21 Nov 2022 |
| Paris Kitchens (The Sanderson-Harold Company Limited)Ontario | Closed | Real propertythe Spruce Property | Rancourt1 of 6 sales · 4 closed | Sealed | KSV Advisory Inc.+2 more | 22 Nov 2022 |
| 2806401 Ontario Inc. d/b/a Allied Track Services Inc.Ontario | Closed | Auctionsubstantially all of the Company's owned equipment, machinery, vehicles and tools (the 'Equipment') and certain of the Company's leased assets (the 'Leased Assets') | —1 of 5 sales · 3 closed | Corporate Assets Inc. | 29 Nov 2022 | |
| Shamrock Valley Enterprises Ltd.Alberta | Did not complete | Auctionthe Option Units (Scraper 817 and Scraper 819) pursuant to the purchase option in the Scraper Agreements | Delta Valley Landscaping & Lawn Services Ltd.1 of 8 sales · 3 closed | Century21 Allstars Realty Ltd.+3 more | 30 Nov 2022 | |
| PaySlate Inc.British Columbia | Process approved | — | — | — | Grant Thornton Limited | 5 Dec 2022 |
| Canadian Beaver Brewing and Distillery Company Ltd.Alberta | Approved | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement | 2468659 Alberta Ltd.1 of 2 sales · 1 closed | Sealed | A. Farber & Partners Inc. | 12 Dec 2022 |
| 11095234 Canada Inc. (formerly VOTI Inc.) and 11087681 Canada Inc. (formerly VOTI Detection Inc.)Quebec | Approved | Asset salethe assets described in the Purchase Agreement (the "Purchased Assets") | Rapiscan Holdings, Inc.1 of 2 sales | Sealed | Stifel Nicolaus Canada Inc. | 22 Dec 2022 |
| Manoir Du Lac – Eldercare in McLennan, ABAlberta | Process approved | — | — | — | Ernst & Young Orenda Corporate Finance Inc. | 17 Jan 2023 |
| Nilex Inc. and Nilex USA Inc.Alberta | Closed | Asset salethe Companies' right, title, and interest in and to the assets described in the APA (the "Purchased Assets") | Terrafix Geosynthetics Inc. and Hanes Companies, Inc.1 of 4 sales · 2 closed | Sealed | Valitas | 30 Jan 2023 |
| Tehama Inc.Ontario | Approval pending | Asset salesubstantially all of the assets of the Company | 14667913 Canada Inc. | — | 9 Feb 2023 | |
| Digitcom Telecommunications Inc.Alberta | Process approved | Asset salethe Purchased Assets (as defined in the Sale Agreement) | Comwave Telecom (2009) Inc. | Sealed | — | 27 Feb 2023 |
| Speakeasy Cannabis Club Ltd. and 10161233 Canada Ltd. and the Bankruptcy of 1399951 BC Ltd.British Columbia | Approved | —the Petitioners' undertakings and properties | 1373482 BC Ltd.1 of 2 sales | — | — | 28 Feb 2023 |
| Victory Nickel Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | Rio Tinto Exploration Canada Inc. | — | — | 8 Mar 2023 |
| Explorer Marine Partners Ltd. and Bluewater Rigging Ltd.British Columbia | Approved | Auctionthe Debtors' assets recovered from the Granville Island and North Vancouver locations (the "Auction Assets") | — | — | Able Solutions Inc.+1 more | 10 Mar 2023 |
| 304768 BC Ltd and Glenmerry Market LtdBritish Columbia | Liquidating | Real propertysale of the Multi-Residential Properties | Trail Townhome Holdings Inc. and Trail Apartment Holdings Inc.1 of 6 sales · 2 closed | The Bowra Group Inc.+2 more | 24 Mar 2023 | |
| 356746 HoldingsBritish Columbia | Closed | Asset salethe Hotel | Max Explore Development Inc.1 of 3 sales · 1 closed | CBRE Limited | 27 Mar 2023 | |
| Enterra Feed CorporationAlberta | Approved | Subscriptionthe sale transaction (the "Transaction") contemplated by a second amended subscription agreement dated February 22, 2023 | Forage Subordinated Debt LP III | — | — | 31 Mar 2023 |
| Wildflower Brands Inc.British Columbia | Marketed | — | — | — | Ernst & Young Inc. | 1 Apr 2023 |
| Galarneau Entrepreneur Général Inc.Quebec | Approved | Asset saleles Actions souscrites | 9422-8806 Québec inc. | Sealed | — | 4 Apr 2023 |
| Le Foyer St. Bernard Inc.Nova Scotia | Marketed | — | — | — | BDO Canada Limited | 5 Apr 2023 |
| The Very Good Food Company Inc.British Columbia | Approval pending | Auctionall of the equipment | Gordon Brothers Canada ULC and New Mill Capital Holdings, LLC1 of 3 sales | Gordon Brothers Canada ULC and New Mill Capital Holdings, LLC | 12 Apr 2023 | |
| FlexITy Solutions Inc. and FlexITy Holdings Inc.Ontario | Process approved | Asset salecertain property as set out therein (as defined under the Stalking Horse Agreement) (the ' Property ') | BHG-BC Holdings Ltd1 of 2 sales · 1 closed | B. Riley Farber Inc. | 18 Apr 2023 | |
| 3 Sixty Secure Corp. and 3 Sixty Risk Solutions Ltd. – in ReceivershipOntario | Approved | Asset salethe specific client service contracts covering armored courier, ATM, vault in transit, bullion storage, direct shipment, smart safe, cash processing and other related services (the "FSS Contracts") | GardaWorld Cash Services Canada Corporation1 of 7 sales | Sealed | Leveredge Asset Solutions Inc. | 20 Apr 2023 |
| Robus Resources Inc.Alberta | Closed | SubscriptionTransaction under the Stalking Horse Term Sheet: Transferred Assets and Transferred Liabilities to the Trust; Retained Assets and Retained Liabilities retained by the Debtor | Robus Equity Acquisition Corporation | — | Alvarez & Marsal Canada Inc.+1 more | 24 Apr 2023 |
| Donmar Properties Ltd. and 10058984 Manitoba Ltd.Manitoba | Marketed | — | — | — | Colliers Investment Team (Colliers International), Winnipeg | 28 Apr 2023 |
| Di Battista Gambin DevelopmentsOntario | Approved | Real propertyPurchased Assets, including without limitation the subject real property identified in Schedule 'B' hereto (the 'Real Property' and together with the chattels and fixtures referenced in the Sale Agreement, collectively, the 'Purchased Assets') | 3406-3434 Weston Road GP Inc.1 of 5 sales | Sealed | — | 9 May 2023 |
| Better Image Collision Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | 179 Church Street Holdings Inc. | — | — | 16 May 2023 |
| Index Group et alOntario | Marketed | Real property421 Property | Muhammad Saleem | MNP Ltd. | 5 Jun 2023 | |
| MGT Management Inc. & MGT Aggregate Products Inc.Alberta | Approved | Auctionthe Debtors' right, title and interest in and to the assets purchased by such Purchaser at the Auction | —1 of 2 sales | Sealed | McDougall Auctioneers Ltd. | 13 Jun 2023 |
| 1761112 Alberta Ltd.Alberta | Closed | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | 2218315 Alberta Ltd. | — | — | 19 Jun 2023 |
| DecisionOne (Canada)Ontario | Approved | Asset salethe Purchased Assets | STC Lender LP | KPMG Inc. | 22 Jun 2023 | |
| Scotch & SodaOntario | Closed | Asset salethe remaining inventory owned by Retail and Wholesale | Traceman Industries1 of 2 sales · 2 closed | Tiger Asset Solutions Canada, ULC | 26 Jul 2023 |
What a process looks likeBenchmarks
Measured across the recordThe funnel, median
80 → 16 → 3
parties solicited → NDAs signed → bids received, over 460 processes that stated all three
Approval to closing
15 days
median, over 444 transactions that state both dates
Did not complete
8%
259 of 3,308 transactions ended without a sale
Price disclosed
20%
24% sealed by order; the rest simply never stated
Who runs these salesWho runs them
Named in the filings- Colliers53
- CBRE Limited49
- Avison Young29
- McDougall Auctioneers Ltd.28
- Cushman & Wakefield20
- Deloitte Restructuring Inc.20
- Ernst & Young Inc.20
- Ritchie Bros. Auctioneers20
- FTI Consulting Canada Inc.17
- Grant Thornton Limited17
- Jones Lang LaSalle Real Estate Services, Inc.17
- MNP Ltd.16
Mandates in matters still open, counted once per sale however many filings name the firm. 539 advisors appear in the record; these are the 12 with the most.