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.
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)
Taking bids nowTaking bids
The calendarBid deadline
Portwood Development 3 Limited Partnership, Portwood Development 3 GP Ltd., Portwood Development 4 Limited Partnership, Portwood Development 4 GP Ltd Process approved
British Columbia · source · in 2 filings
Bid deadline
Northvolt Batteries North America Inc. et al. Process approved
Quebec · Raymond Chabot Inc. · source · in 2 filings
Bid deadline
Sonic Enclosures Ltd. Process approved
British Columbia · source · in 2 filings
Bid deadline
Pyxis Customer Solutions XII Ltd. Stage not stated
Alberta · GlassRatner Restructuring Inc. · source · in 2 filings
Bid deadline
Luxor Land Ltd. Process approved
Alberta · JLL Capital Markets · source
Bid deadline
Seafood 2000 Ltd. Process approved
Prince Edward Island · Resolve Advisory Services Ltd. · source
Bid deadline
Allumiqs Solutions inc. and Allumiqs Corporation Process approved
Nova Scotia · source
Bid deadline
Western Potash Corporation Process approved
British Columbia · FTI Consulting Canada Inc., FTI Capital Advisors Canada ULC · source · in 3 filings
Every date is the one a filing states, and links to that filing.
| Case | Stage | What is selling | Purchaser | Price | Advisor | Last activity ▲ |
|---|---|---|---|---|---|---|
| Sunrise Acquisition (Elmvale ) Inc.Ontario | Process approved | Asset salethe Properties | — | — | CBRE Limited | 15 Aug 2024 |
| Shiny Bud Inc.Ontario | Approved | Subscriptionthe Purchased Shares | 1000973177 Ontario Limited | ••• | B. Riley Farber Inc. | 16 Aug 2024 |
| Silver Maple DevelopmentsOntario | Marketed | Real propertythe Property | Silver Maple1 of 2 sales · 1 closed | — | B. Riley Farber Inc.+1 more | 26 Aug 2024 |
| Goodlevel Enterprises Canada ULCOntario | Closed | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Goodlevel Enterprises Canada Ltd. (formerly 1488108 B.C. Ltd.) | ••• | — | 5 Sep 2024 |
| 2502511 ONTARIO CORP. and 15599563 CANADA INC.Ontario | Liquidating | — | — | — | Sean Anderson of Re/Max in the Hills | 6 Sep 2024 |
| Richmond Medical Centre Inc. and I Lov This Place 11 Inc.Ontario | Approved | Real propertythe Debtor's right, title and interest, if any, in and to the assets... described in the Sale Agreement (the " Purchased Assets ") | 1653 Richmond (London) Corp. | Sealed | — | 13 Sep 2024 |
| Worldplay Communications Inc. and Worldplay (Canada) Inc.Alberta | Approved | Subscriptionthe Common Shares | Todd Grenier, Kevin Reinhart, Joel Van Dusen, Ashley Webster, and Sean Quinn1 of 5 sales · 1 closed | ••• | Ernst & Young Orenda Corporate Finance Inc. | 16 Sep 2024 |
| Buchh Holding Inc. et al.Ontario | Approval pending | Asset salethe Rotalec Canada assets, with the Robots carved out | Continental Capital Investments Inc.1 of 3 sales | ••• | — | 17 Sep 2024 |
| Vernon Recreational Products (VRP) Sales and Service Ltd. and 1390951 B.C. Ltd.British Columbia | Approvedper the transactions | Asset salethe Purchased Assets | 1495213 B.C. LTD.1 of 2 sales | ••• | — | 17 Sep 2024 |
| King Square Ltd., and Markland Residential CorporationOntario | Approval pending | Real propertythe property described in Schedule 'A' hereto (the ' Purchased Assets ') | 2727297 Ontario Inc. | Sealed | Ernst & Young Orenda Corporate Finance Inc.+3 more | 27 Sep 2024 |
| Nevada CopperOntario | Approved | Asset salethe purchase of the Purchased Assets (as defined in the Stalking Horse Agreement) | Southwest Critical Materials LLC | ••• | Moelis & Company LLC | 30 Sep 2024 |
| TKCMetalOntario | Approval pending | Asset salethe Company's right, title and interest in and to Purchased Assets as defined in the Sale Agreement | Triple M Metal LP | Sealed | BDO Canada Limited | 1 Oct 2024 |
| Metamaterial Inc. and Metamaterial Technologies Canada Inc.Ontario | Marketed | — | — | — | Grant Thornton Limited | 2 Oct 2024 |
| Clearfit Inc.Ontario | Process approved | Asset salethe Debtor's right, title and interest in and to the assets described in the APA (the ' Purchased Assets ') | David Kassie | ••• | Baigel Corp. | 7 Oct 2024 |
| Vandyk-Vanmills Plaza Inc.Ontario | Approved | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | 1900 Drive Holdings Inc. | — | Jones Lang LaSalle Real Estate Services Inc. | 8 Oct 2024 |
| AM PM Lloydminster Ltd.Alberta | Approved | Real propertyall of the Debtor's right, title and interest in and to the assets described in the Agreement (the 'Purchased Assets') | 2643234 Alberta Ltd. | Sealed | Avison Young+1 more | 10 Oct 2024 |
| Acuva Technologies Inc.British Columbia | Approvedper the transactions | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Watersprint AB | ••• | — | 22 Oct 2024 |
| Loop Energy Inc.British Columbia | Approved | Share sale100% of Loop's shares through a Court-approved reverse vesting order | Teralta Hydrogen Solutions Inc. | ••• | Crowe MacKay & Company Ltd. | 23 Oct 2024 |
| Indian Head Consumers Co-operative Society Ltd.Newfoundland and Labrador | Process approved | Asset salethe Business and/or the Assets of the Company | —1 of 3 sales | ••• | Grant Thornton Limited | 30 Oct 2024 |
| 253 Queen Street Inc.Ontario | Approved | Real propertyall of the Debtor's right, title and interest in and to the Property | 1001008209 Ontario Inc. | — | CBRE Limited | 1 Nov 2024 |
| Organic Garage (Canada) Ltd.Ontario | Closed | Asset salethe Vendors' right, title and interest in and to the assets as described in the Sale Agreement (the ' Purchased Assets ') | 1000858769 Ontario Inc.1 of 6 sales · 3 closed | ••• | KPMG Inc. | 1 Nov 2024 |
| Louis GarneauQuebec | Closed | Asset salethe assets described e, e , e e e re sed Assets | LOLË BRANDS CANADA ULC | Sealed | — | 4 Nov 2024 |
| Wholly Veggie IncOntario | Closed | Asset salethe Vendor's right, title and interest in and to the assets described in the Stalking Horse Agreement (the ' Purchased Assets ') | Windermere Investment Corp. | ••• | — | 11 Nov 2024 |
| Ayanda Cannabis CorporationOntario | Approval pending | Asset salethe Purchased Assets | 1001010496 Ontario Inc.1 of 2 sales | Sealed | Hyde Advisory & Investments Inc. | 18 Nov 2024 |
| 0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited PartnershipBritish Columbia | Liquidating | — | — | — | Cushman & Wakefield+3 more | 19 Nov 2024 |
| 3760626 Canada Inc.Quebec | Approved | Asset salethe property set forth in Schedule "A" hereto (the "Purchased Property") | 15897734 Canada Inc. | — | KPMG Inc. | 19 Nov 2024 |
| MedXLQuebec | Process approved | —les Actifs achetés | 9528-0475 Québec Inc.1 of 2 sales · 2 closed | — | FTI Consulting Canada Inc.+1 more | 25 Nov 2024 |
| Tokyo SmokeOntario | Approved | Share salea contemplated share subscription agreement | TS Investments Corp.1 of 2 sales | ••• | — | 26 Nov 2024 |
| Ajax Meadows Ltd. (Real Property)Ontario | Closed | Real propertythe assets described in the Sale Agreement (the "Purchased Assets") | Marshall Land Corp. Ltd. | Sealed | CBRE Limited | 27 Nov 2024 |
| Pismo Energy Ltd.Alberta | Approved | Asset salethe assets set out in Schedule "A" hereto (the "Transferred Assets") | North Fork Resources Ltd.1 of 2 sales | — | — | 6 Dec 2024 |
| Igloo Industries Group Ltd.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") | Nella Toronto Inc. | — | msi Spergel inc. | 11 Dec 2024 |
| CanWest Aerospace Inc.British Columbia | Closed | Share salePurchased Assets described in the Share Purchase Agreement | MAR ONE Aviation, L.L.C.1 of 2 sales · 1 closed | ••• | — | 13 Dec 2024 |
| Spotlight on Courtland Inc.Ontario | Approved | Real propertythe real property owned by the Respondent located at Courtland Avenue and Brockline Road in Kitchener, Ontario | Courtland Kitchener Inc. | Sealed | Colliers | 16 Dec 2024 |
| Switch Power Corp.Alberta | Approved | Share salethe Vendor's right, title and interest in, to and under the Shares (as defined in the Share Purchase Agreement) | Pace Canada LP1 of 3 sales · 1 closed | — | Fort Capital Partners Alberta+1 more | 20 Dec 2024 |
| CannGroup Development Corp.British Columbia | Did not complete | Real propertyits land and property (the "Property") | —1 of 4 sales | ••• | — | 3 Jan 2025 |
| Mapleview Developments Ltd., Pace Mapleview Ltd. and 2552741 Ontario Inc.Ontario | Closed | Asset salethe Debtors' right, title and interest in and to the Purchased Assets | Dunsire Homes Inc. | — | — | 13 Jan 2025 |
| Grandlake Investments Corp.British Columbia | Approved | Real propertythe Purchased Assets | Westgate Pacific Investments Limited Partnership | ••• | Unilife Realty Inc.+1 more | 16 Jan 2025 |
| Bridging Finance IncOntario | Approval pending | Asset salethe Greenhouse | —1 of 6 sales · 4 closed | ••• | Alvarez & Marsal Canada Inc. | 20 Jan 2025 |
| Joriki Inc.Ontario | Approved | Auctionthe Assets | — | — | Maynards Industries II Canada Ltd. | 22 Jan 2025 |
| Datec Coating CorporationOntario | Closed | —All of the Company's assets, properties and undertakings other than the Excluded Assets | Urecka Canada Corporation1 of 2 sales · 1 closed | — | XL Business Consulting & Financing Inc. | 24 Jan 2025 |
| True North Freight Solutions Inc. (“True North”) and North Shore Logistics Inc. (“North Shore”)Ontario | Liquidating | Auction128 Vehicles sold via various auctions conducted by Ritchie Bros. | —1 of 6 sales · 2 closed | ••• | Ritchie Bros. Auctioneers | 24 Jan 2025 |
| 14113268 Canada Inc AVP GreenhousesOntario | Process approved | — | — | — | — | 30 Jan 2025 |
| Tomislav Anthony VukotaOntario | Approved | Real propertyall of the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | Fariborz Delfani | — | — | 30 Jan 2025 |
| Microb Resources Inc. o/a Salt Spring CoffeeBritish Columbia | Approved | Asset salethe Purchased Assets described in the APA | Caffe & Roaster Holdings Inc.1 of 2 sales · 1 closed | ••• | — | 31 Jan 2025 |
| LAH Sourcing Ltd. & LAH Holdings Ltd.British Columbia | Approvedper the transactions | Real propertythe Purchased Assets described in the Sale Agreement | — | — | — | 3 Feb 2025 |
| Vandyk-Backyard Queensview Limited & Vandyk-Backyard Humberside LimitedOntario | Liquidating | Real propertythe Receiver's right, title and interest in and to the property described in Schedule 'B' hereto (the 'Purchased Assets') | Toni Cafua Garcia and Justin Paul Wray1 of 11 sales · 4 closed | — | VKP Real Estate Limited | 10 Feb 2025 |
| 864884 Ontario Inc.Ontario | Approved | Asset salethe Company's right, title and interest in and to Purchased Assets as defined in the AR Sale Agreement | Gianna Ponzi1 of 2 sales | ••• | — | 11 Feb 2025 |
| Medical Arts Dispensary of Ottawa (2003) Ltd.Ontario | Closed | Asset salesubstantially all of the assets of the Business (the 'Purchased Assets') | Joseph Saad and Maged Daoud (in trust for a corporation to be incorporated)1 of 2 sales · 1 closed | Sealed | — | 21 Feb 2025 |
| 16758185 Canada Inc. (formerly 9139249 Canada Inc.)., Bus.com US Holding Inc., Bus.com Leasing LLC, Bus.com US LLC & 9139249 Canada Inc. (California)Quebec | Closed | Asset salePurchased Assets, as more particularly described in the APA | Mobility Technologies, LLC1 of 5 sales · 1 closed | Sealed | PricewaterhouseCoopers Corporate Finance Inc. | 24 Feb 2025 |
| Felix Payment Systems Ltd.British Columbia | Did not complete | Subscriptionthe Dapit Bid | Dapit NA LLC1 of 5 sales | ••• | Alvarez & Marsal Canada Inc. | 27 Feb 2025 |
What a process looks likeBenchmarks
Measured across the recordThe 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- Colliers48
- CBRE Limited40
- McDougall Auctioneers Ltd.28
- Avison Young27
- Ernst & Young Inc.22
- Deloitte Restructuring Inc.20
- FTI Consulting Canada Inc.18
- Grant Thornton Limited17
- Ritchie Bros. Auctioneers17
- MNP Ltd.16
- Ernst & Young Orenda Corporate Finance Inc.15
- Cushman & Wakefield14
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.