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 ▼ |
|---|---|---|---|---|---|---|
| Comptoir des Indes inc.Quebec | Process approved | — | — | — | KPMG Inc. | 16 Mar 2018 |
| Courtice Auto Wreckers Limited et al.Ontario | Approvedper the transactions | Real propertythe Debtor's right, title and interest in and to the real property municipally known as 445 and 701 Brook Road North, Cobourg, Ontario | 1746280 Ontario Inc.1 of 2 sales | Sealed | — | 6 Mar 2018 |
| Banro CorporationOntario | Process approved | — | — | — | FTI Capital Advisors - Canada ULC+1 more | 29 Jan 2018 |
| Concept Gourmet du Village Inc.Quebec | Approved | Asset salethe assets described in the Offer as detailed in Schedule "A" annexed to this Order (the "Purchased Assets") | MSRF Inc. | Sealed | Tidewater Group Inc. | 25 Jan 2018 |
| M&L General Contracting Ltd. and M&L Holdings LtdManitoba | Closed | Real propertycertain real property of M & L Holdings Ltd. commonly known as 83 Higgins Avenue, Winnipeg, Manitoba (the 'M&L Holdings Property') | Clearwater Investments Inc.1 of 5 sales · 3 closed | Sealed | Colliers+4 more | 17 Jan 2018 |
| JMV Enterprises Ltd.Saskatchewan | Approved | Real propertycertain lands in the City of Regina described in Schedule A to this Order (the "JMV Lands") | 20th Century Investments Ltd.1 of 8 sales · 2 closed | Sealed | Colliers+2 more | 8 Jan 2018 |
| 8640025 Canada Inc and Teliphone Data Centers IncBritish Columbia | Closed | Share saleissued and outstanding shares of TNW Networks (the TNW Shares) | United American Corp.1 of 5 sales · 2 closed | ••• | — | 19 Dec 2017 |
| WYNIT Distribution, LLC, WD Navarre Canada, ULC, WD Navarre Distribution, LLC, WD Encore Software, LLC, WD Navarre Holdings, LLC, WD Navarre Digital Services, LLC, WYNIT Holdings, Inc.Ontario | Approved | Asset saleany assets located in Canada sold by the Agent pursuant to the Sale Agreement (the "Canadian Assets") | GBH Wynit, LLC1 of 5 sales · 2 closed | ••• | Conway+1 more | 5 Dec 2017 |
| Tecolam Inc.Quebec | Approved | Real propertyles Actifs achetés | Groupe Aubé Ltée et/ou 9224-5075 Québec Inc. | Sealed | — | 14 Nov 2017 |
| Branch 1-7 of the Polish Alliance of Canada and PolishAssociation of Toronto, LimitedOntario | Closed | Real propertythe property located at 32 Twenty Fourth Street, Toronto, Ontario (the "Property") | —1 of 4 sales · 4 closed | ••• | RE/MAX PROFESSIONALS INC. | 10 Oct 2017 |
| Heaven Fresh Canada IncOntario | Bid selected | — | — | — | — | 3 Oct 2017 |
| BCBG Max Azria Canada Inc.Quebec | Closed | Asset salethe sale of BCBG Global Holdings inventory, contracts, and certain other assets (the ' Acquired Assets '), including the inventory located in the Partner Shops and the agreement between BCBG Canada and HBC | GBG USA Inc. | ••• | Gordon Brothers Canada ULC+3 more | 20 Sep 2017 |
| Mad Catz Interactive Inc. and 1328158 Ontario Inc. o/a Mad Catz Canada (collectively the “Companies”)Ontario | Approval pending | Asset salethe acquired assets described in the APA | Fast Track Global Limited | Sealed | — | 12 Sep 2017 |
| Second Wave Petroleum IncAlberta | Approved | Asset saleSWP's oil and gas interests, including proprietary seismic, in the Swan Hills Assets | Crescent Point Resources Partnership1 of 2 sales · 1 closed | — | — | 11 Sep 2017 |
| Edgemere Estate Limited Partnership and its general partner, Edgemere Estate LimitedOntario | Closed | —the Development Lands | —1 of 7 sales · 5 closed | Sealed | Sotheby's | 6 Sep 2017 |
| R5 Energy Services Ltd.Alberta | Approved | Asset salethose assets listed in Schedule "A" attached (the "Assets") | ABS Oilfield Supply Canada Inc1 of 4 sales · 3 closed | ••• | Exquisite Energy Services | 17 Aug 2017 |
| WCI Westervelt College 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') | EFC Trade Inc. | — | — | 2 Aug 2017 |
| Drytech International Inc. and 6892639 Canada Inc.Ontario | Approval pending | Real property1670 Vimont | Gal Real Two Holdings Ltd.1 of 10 sales · 6 closed | ••• | Metro Suburban Realty Ltd.+2 more | 20 Jun 2017 |
| Densi CorporationQuebec | Closed | Asset salethe assets listed in Schedule "A" to the Vesting Order | 9098-5128 Québec Inc.1 of 3 sales · 3 closed | Sealed | — | 2 Jun 2017 |
| 6450857 Canada Inc.Quebec | Liquidating | — | — | — | KPMG Inc. | 9 May 2017 |
| PV Labs 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") | 902878 Ontario Limited | — | — | 31 Mar 2017 |
| Strike Minerals Inc.Ontario | Approved | Asset salethe assets described in the Sale Agreement (the 'Purchased Assets') | 2548304 Ontario Inc. | — | A. Farber & Partners Inc.+1 more | 29 Mar 2017 |
| KGIC GroupBritish Columbia | Approvedper the transactions | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | CIBT Finance (2017) Corp. | — | — | 15 Mar 2017 |
| Web Offset Publications LimitedOntario | Approved | Asset salethe undertaking, property and assets of Web Offset Publications Limited... the assets described in the Sale Agreement (the "Purchased Assets") | 2560535 Ontario Inc./Renaissance Printing Inc. | Sealed | — | 24 Feb 2017 |
| Tartan Controls IncAlberta | Approved | Asset saleall of the right, title and interest of TCC in and to the assets described therein ("Purchased Assets") | Eastar Premium Pipe Inc. | Sealed | — | 14 Feb 2017 |
| LGX Oil+ Gas IncAlberta | Approved | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement as the Assets (the Purchased Assets) | Canadian Natural Resources1 of 4 sales | Sealed | Sayer Energy Advisors | 9 Feb 2017 |
| Lanwest Mfg. Technologies 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") | Botelho Investments Limited | Sealed | — | 9 Feb 2017 |
| Inno-Vite IncorporatedOntario | Approved | Asset salethe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | —1 of 2 sales | Sealed | — | 2 Feb 2017 |
| Mara Tech AviationOntario | Approved | Asset salethe Debtor's right, title and interest in the "Purchased Assets" as described in the Sale Agreement | Your Quick Gateway (Windsor) Inc.1 of 3 sales | Sealed | — | 19 Jan 2017 |
| Homco Realty Fund (98) Limited PartnershipQuebec | Closed | Real propertythe Real Property | Porta Möbel GmbH & Co.1 of 4 sales · 3 closed | ••• | Garigal Asset Management GmbH | 13 Dec 2016 |
| Prosperity Foods Ltd.Ontario | Approval pending | Asset salethe Purchased Assets including all of the Company's rights in Intellectual Property Licenses and Registrations, equipment, inventory and accounts receivable | — | Sealed | — | 9 Dec 2016 |
| Topsyn Flexible Packaging LtdManitoba | Closed | Asset saleequipment purchased under the equipment purchase agreement (EPA) | —1 of 5 sales · 3 closed | — | Ostir Business Brokers | 8 Dec 2016 |
| 2131059 Ontario Limited - MapleviewOntario | Approved | Real propertythe Debtor's right, title and interest in and to the 'Purchased Assets' | Mapleview Developments Ltd. | Sealed | — | 30 Nov 2016 |
| CommonwealthOntario | Approved | Asset salethe Vendors' right, title and interest in all assets described in the Sale Agreement other than the Real Property and Permits (together with the Real Property and Permits, the "Purchased Assets") | 2540924 Ontario Inc. | Sealed | — | 25 Nov 2016 |
| Abingdon Meat Packers Limited and DeSimone Investments LimitedOntario | Approved | Asset salethe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | 2492423 Ontario Inc. | Sealed | — | 8 Nov 2016 |
| Dorwal LimitedOntario | Approved | Real propertythe Property municipally known as 276 Dundas Street East, Trenton, Ontario | 2529154 Ontario Inc. | — | — | 8 Nov 2016 |
| Labrador Iron Mines Holdings LimitedOntario | Approved | Asset salethe Applicants' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | SLM Recycling1 of 4 sales · 1 closed | Sealed | Hilco Asset Sales Canada+1 more | 30 Sep 2016 |
| Planet Organic Health Corp.Ontario | Closed | Asset salesubstantially all of the assets and business operations and assume substantially all of the liabilities of the Applicants | The Catalyst Capital Group Inc.1 of 2 sales · 2 closed | ••• | Partnership Capital Growth LLC+1 more | 16 Aug 2016 |
| HRH Hotels LtdQuebec | Closed | Asset saleHSBC's debts and security against HRH | 9303-7026 Québec Inc.1 of 3 sales · 2 closed | ••• | CBRE Limited+1 more | 4 Aug 2016 |
| Vandermeer Greenhouses Ltd.Ontario | Marketed | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement | Lakshana Kumarage o/a fresh 4 you | Sealed | Zeifman Partners Inc. | 28 Jul 2016 |
| 2180672 Ontario Inc.Ontario | Closed | Asset salethe Assets | —1 of 4 sales · 3 closed | Sealed | — | 18 Jul 2016 |
| 7098961 Canada Inc (formerly Beyond The Rack Enterprises Inc.)Quebec | Closed | Asset salesubstantially all the operating assets of the Debtor | 9721444 Canada Inc. | — | — | 15 Jun 2016 |
| Mady Collier Centre Ltd.Ontario | Approved | Real propertythe sale transaction (the "Transaction") | Fortress Collier Centre Ltd.1 of 3 sales | Sealed | Colliers | 10 Jun 2016 |
| Aurbec Mines Inc. - ReceivershipQuebec | Approved | Asset salethe Purchased Assets | Abcourt Mines Inc. | Sealed | Deloitte Restructuring Inc.+1 more | 6 Jun 2016 |
| Newstart Financial Inc. and Newstart Acceptance Inc.Ontario | Marketed | — | — | — | Dodick Landau Inc. | 1 Jun 2016 |
| Stafford Properties Inc.Ontario | Approvedper the transactions | Asset salea sale agreement between the Receiver and NSS Holdings Inc. dated January 20, 2016 | NSS Holdings Inc.1 of 2 sales | Sealed | — | 19 May 2016 |
| Oak Bay Beach HotelBritish Columbia | Approved | Asset salethe proposed sale of the assets of the OBBH | OB Hotels Ltd. and NOAH Holdings Ltd.1 of 2 sales | ••• | — | 18 May 2016 |
| Westport Beach Development CorporationOntario | Approvedper the transactions | Real propertylocker unit B106 at 3865 Lakeshore Blvd. West, Toronto (the "Purchased Asset") | Helen Kostopoulos1 of 2 sales | — | — | 18 May 2016 |
| Sensio Technologies Inc.Quebec | Liquidating | Asset salethe Company's equipment and intellectual property | —1 of 4 sales · 2 closed | Sealed | Deloitte Corporate Finance Inc.+1 more | 11 May 2016 |
| 2267 Industrial Street, Burlington, OntarioOntario | Closed | Real property2267 Industrial Street, Burlington, Ontario (the "Property") | Bilnia Investments Limited1 of 2 sales · 2 closed | Sealed | DTZ Canada Inc. | 3 May 2016 |
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.