Sale processes across Canada
964 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 — 964 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 (127)Approved (366)Back-up bid (1)Liquidating (35)Closed (232)Did not complete (15)No acceptable bid (13)Terminated (3)Stage not stated (40)
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 ▼ |
|---|---|---|---|---|---|---|
| 6396763 Canada Inc. o/a The Installation GroupOntario | Approvedper the transactions | Asset saleall the Debtor's and TWA's right, title and interest ... in and to the property described as the "Purchased Assets" in the Sale Agreement | 2722703 Ontario Inc. | — | — | 12 Nov 2019 |
| SM GroupQuebec | Approval pending | Asset salesubstantially all of the assets of the Vendors with the exception of certain excluded Assets | 11017870 Canada Inc. (now known as FNX-INNOV Inc.), Thornhill G.P. and 11054953 Canada Inc.1 of 6 sales · 3 closed | Sealed | — | 11 Nov 2019 |
| Textbook (445 Princess Street) Inc.Ontario | Closed | Real propertyhis cottage | —1 of 5 sales · 3 closed | ••• | JLL | 1 Nov 2019 |
| Mometal Structure Inc.Quebec | Approved | Asset salel'ensemble des lots sauf les lots 9 (comptes clients, retenues et réclamations) et 10 (actifs intangibles) | —1 of 2 sales | Sealed | — | 24 Oct 2019 |
| Jack Cooper Canada GroupOntario | Approved | Asset salethe Acquired Assets that are situated in Canada (including for greater certainty Assumed Contracts to which Jack Cooper Transport Canada Inc., Jack Cooper Canada GP 1 Inc., Jack Cooper Canada GP 2 Inc., Jack Cooper Canada 1 Limited Partnership or Jack Cooper Canada 2 Limited Partnership ... are parties) (the ' Canadian Acquired Assets ') | JC Buyer Company, Inc.1 of 2 sales | ••• | Houlihan Lokey, Inc. | 18 Oct 2019 |
| Crossline Auto GroupAlberta | Approval pending | Asset salethe Vehicle Inventory | Maynards1 of 2 sales · 1 closed | ••• | Maynards+2 more | 23 Sep 2019 |
| FT EnE Canada Inc.Ontario | Approved | Asset salethe Purchased Assets | 1411334 Ontario Inc.1 of 2 sales | — | Colliers | 18 Sep 2019 |
| Devlin Construction Ltd., S7 Ventures Ltd., & KMOJ Holdings LtdAlberta | Closed | AuctionDevlin's capital assets/equipment (tandem trucks, trailers, loaders, skidsteers, excavators, graders, dozers, drum rollers, plate tampers, snow throwers) sold by auction | Maynards Industries Canada Ltd1 of 2 sales · 2 closed | ••• | Maynards Industries Canada Ltd+1 more | 30 Aug 2019 |
| Commercial Print-Craft, LimitedOntario | Approved | Auctionall of its assets, including, but not limited to, those assets listed in Schedule A hereto (the "Assets")... and all of its inventory (the "Inventory") | — | — | 584919 Ontario Limited cob as Syl-Mar Management | 2 Aug 2019 |
| 189 Dundas Street West Inc.Ontario | Process approved | Real propertythe Property | Plazacorp | Sealed | Colliers | 30 Jul 2019 |
| Western Rocky Mountain Industries Ltd. & 0951980 B.C. Ltd.British Columbia | Approval pending | Real propertythe Property located at 805A Highway 3 in Grand Forks, British Columbia | Lime Creek Logging Ltd. | ••• | Able Auctions | 24 Jul 2019 |
| 2380630 Ontario Inc. and 2386174 Ontario IncorporatedOntario | Approved | Asset salethe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | Sharmila Mahalingasivam1 of 4 sales | Sealed | Ball Real Estate Inc. Brokerage and World Class Realty Point Brokerage | 19 Jul 2019 |
| K.M.B. Holdings LTD & East End Aggregate LTD | Marketed | — | — | — | MNP Ltd. | 17 Jul 2019 |
| Gander Automated Car WashNewfoundland and Labrador | Marketed | — | — | — | BDO Canada Limited | 24 Jun 2019 |
| Satin Finish Hardwood Flooring, LimitedOntario | Approved | Asset salethe Purchased Assets described in the Sale Agreement | 2340125 Ontario Inc. | — | — | 17 Jun 2019 |
| Satin Finish Hardwood Flooring, LimitedOntario | Approved | Asset saleSatin Finish's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | 2340125 Ontario Inc. | — | — | 7 Jun 2019 |
| Gestion Maison Éthier Inc.& Gestion Immobilière Maison Éthier Inc.Quebec | Approved | Real propertyles Immeubles | Messier, Savard et Associés inc.1 of 2 sales · 1 closed | ••• | Tiger Valuation Services, LLC+1 more | 3 Jun 2019 |
| Donaldson & James Ltd. and The Agency Employment Services Ltd.Ontario | Approval pending | Asset salethe Purchased Assets | FundThrough Inc. | Sealed | A. Farber & Partners Inc. | 30 May 2019 |
| Sound City Music Entertainment Inc. (o/a RPM Distribution)Ontario | Approvedper the transactions | Asset saleall of the Company's right, title and interest in and to the Labels' Supplied Inventory | Universal Music Canada Inc., Sony Music Entertainment Canada Inc., Warner Music Canada Co. | — | — | 22 May 2019 |
| Synergy Stamping Inc. and 1696306 Ontario Inc.Ontario | Process approved | Asset salethe Purchased Assets | Infinity Asset Solutions Inc.1 of 2 sales | Sealed | Albert Gelman Inc. | 29 Apr 2019 |
| 730 Holdings inc et al.Ontario | Closed | Real propertythe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | 2643868 Ontario Inc.1 of 4 sales · 2 closed | Sealed | — | 10 Apr 2019 |
| 6951864 Canada LimitedOntario | Approval pending | Asset salethe transaction contemplated by the Stalking Horse APA | Seattle Atlantic Inc.1 of 2 sales | ••• | A. Farber & Partners Inc. | 21 Mar 2019 |
| Lands and Premises and License of the Waterfront at Arrow LakesBritish Columbia | Liquidating | Real propertyStrata lot 38 | Danny Peter McLean / Sharel Margaret Wallace1 of 2 sales | — | RE/MAX Home Advantage+1 more | 15 Feb 2019 |
| WG Vineyard Niagara Inc and WG Domaine Niagara IncOntario | Approval pending | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | Jenkins Vineyards Niagara Inc.1 of 3 sales · 1 closed | — | Remax+1 more | 14 Feb 2019 |
| RCR International Inc and WJ Dennis & CompanyQuebec | Closed | Asset saleassets of the flooring and seasonal division | Lanart Rug Inc.1 of 4 sales · 3 closed | ••• | Lincoln International LLC | 7 Feb 2019 |
| Greencore Composites Inc.Ontario | Approvedper the transactions | Asset salethe right, title and interest of the Debtor in and to the Purchased Assets described in the APS | Domtar Inc. | — | — | 29 Jan 2019 |
| Pajari Instruments Ltd.Ontario | Approved | Real propertythe Debtor's right, title and interest in and to the real property municipally known as 4152 Carlyon Line, R.R. #4, Orillia, Ontario | Stephen Rupke and Brian Rupke | — | — | 7 Jan 2019 |
| AutoCanada v. Mirbach - Receiver of Disputed VehiclesAlberta | Process approved | Asset salethe 2013 Ford Edge VIN 2FMDK3J91DBA98773 (the "Vehicle") | Ms. Old Crow and Mr. Prairie Chicken1 of 2 sales | ••• | ADESA Edmonton | 18 Dec 2018 |
| Fluid Brands IncOntario | Liquidating | Asset salethe furniture, fixtures and equipment (‘FF&E’) located at 23 of the Bombay / Bowring retail locations as well as the Fluid Entities’ head office and distribution centre | 2668602 Ontario Inc.1 of 3 sales · 3 closed | — | Merchant Retail Solutions, ULC and Gordon Brothers Canada, ULC | 17 Dec 2018 |
| 2301132 Ontario Inc. and 2309840 Ontario Inc.Ontario | Approved | Real propertyReal Property | E. Manson Investments Limited1 of 3 sales | ••• | Colliers Macauley Nicolls Inc.+1 more | 14 Dec 2018 |
| Mt. Cross Pharmacy (1970636 Ontario Ltd.)Ontario | Approved | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | 2654356 Ontario Inc., doing business as Joice Pharmacy and Medical Clinic | Sealed | — | 11 Dec 2018 |
| Boss Logo Print & Graphics Inc.Ontario | Approved | Asset salethe assets described in the Sales Agreement (the "Purchased Assets") | — | Sealed | MNP Ltd. | 6 Dec 2018 |
| Luxury and Sports Cars (2236715 Ontario Limited)Ontario | Approvedper the transactions | Auctionthe Vehicles as detailed at Schedule "A" | — | — | Northern Auto Auctions of Canada Inc. o/a North Toronto Auction | 4 Dec 2018 |
| Scollard Development CorporationOntario | Approved | Asset salethe property described as the "Purchased Assets" in the Sale Agreement | 169 Borden Inc.1 of 6 sales · 1 closed | Sealed | TD+3 more | 26 Nov 2018 |
| Nine West Canada LP – Jones Canada, IncOntario | Closed | Asset salethe Nine West and associated brands (the 'International IP') and certain working capital assets | Authentic Brands Group LLC1 of 2 sales · 2 closed | — | SB360 Capital Partners LLC+4 more | 16 Nov 2018 |
| Transport Medicar Inc.Quebec | Closed | Asset saleles Actifs (à l'exclusion du lot 11) | Maynards Industries Ltd.1 of 4 sales · 1 closed | ••• | Services F.L. | 25 Oct 2018 |
| Fortress Brookdale Inc.Ontario | Approved | Real propertythe right, title and interest in and to the assets described in the Sale Agreement | Empire (Water Wave) Inc. | — | — | 18 Oct 2018 |
| Anderson Merchandisers-Canada, Inc.Ontario | Liquidating | Auctionthe Vehicles | —1 of 6 sales · 1 closed | — | — | 5 Oct 2018 |
| Western Concord ManufacturingBritish Columbia | Closed | Asset salesubstantially all of its assets | Mercury Plastics of Canada Inc. | — | Ernst & Young Orenda Corporate Finance (Canada) Inc. | 3 Oct 2018 |
| Algoma Residential Co-Operative Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement | Algoma District Services Administration Board | — | — | 20 Sep 2018 |
| Fairview Nursing Home LimitedOntario | Closed | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Schlegel Villages Inc. | Sealed | unnamed real estate broker | 10 Sep 2018 |
| HB Solar Canada Inc.Ontario | Approval pending | Asset salethe right, title and interest of the Debtor in and to the Purchased Assets described in the APS | Craig Chornaby1 of 2 sales | — | Dodick Landau Inc. | 13 Aug 2018 |
| Bluberi Group Inc. et alQuebec | Closed | Asset salethe assets and rights pursuant to and identified in the Agreement (the "Redemption Assets") | Primero Games LLC1 of 5 sales · 5 closed | ••• | Ernst & Young Orenda Corporate Finance Inc. | 29 Jun 2018 |
| Skymark Properties 1 CorporationOntario | Approved | Real propertythe Real Property, and the remaining assets and undertaking of the Debtor acquired for or used in relation to the Real Property | — | Sealed | — | 27 Jun 2018 |
| PressureWorx Inc.Alberta | Closedper the transactions | Asset saleunstated | Smoke'N Vac Services Ltd. | Sealed | — | 26 Jun 2018 |
| Dunsire (Landsdown) Inc. O/A White Cedar EstatesOntario | Approval pending | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement | Aquicorp Inc. | Sealed | — | 25 May 2018 |
| 2481043 Ontario IncOntario | Approvedper the transactions | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | Don Mills Storage Inc. | — | — | 24 May 2018 |
| 2203284 Ontario Inc. (The Connolly- 98 James St. S., Hamilton)Ontario | Approvedper the transactions | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | Hue Developments & Investments Canada Inc. | — | — | 16 May 2018 |
| Metropolis Properties IncOntario | Closed | Real propertythe Property | —1 of 5 sales · 4 closed | ••• | Avison Young | 25 Apr 2018 |
| SecureCare Capital Inc.Ontario | Approved | Asset saleall of SecureCare's right, title and interest in and to the Asset Portfolio described in the Second Amended Proposal | 2628013 Ontario Inc. | — | — | 11 Apr 2018 |
What a process looks likeBenchmarks
Measured across the recordThe funnel, median
77 → 16 → 3
parties solicited → NDAs signed → bids received, over 409 processes that stated all three
Approval to closing
15 days
median, over 316 transactions that state both dates
Did not complete
9%
247 of 2,868 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 Young26
- Ernst & Young Inc.22
- Deloitte Restructuring Inc.20
- FTI Consulting Canada Inc.18
- Ritchie Bros. Auctioneers17
- MNP Ltd.16
- Ernst & Young Orenda Corporate Finance Inc.15
- Grant Thornton Limited15
- 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.