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)
| Case | Stage | What is selling | Purchaser | Price | Advisor | Last activity ▼ |
|---|---|---|---|---|---|---|
| Mendocino Clothing Company Ltd.Ontario | Approval pending | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Shop MBoutique Ecomm Ltd.1 of 2 sales | ••• | KSV Kofman Inc. | 25 Sep 2020 |
| Cranbrook Glen Enterprises Limited operating as Henry'sOntario | Approval pending | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Henry's Enterprises Inc. | Sealed | Grant Thornton Limited | 20 Jul 2020 |
| Toonbox Entertainment Ltd., The Nut Job 2 Productions Inc. and The Nut Job 3 Productions Inc.Ontario | Approval pending | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Redrover Co. Ltd. | — | — | 28 Apr 2020 |
| Paramount Equity Financial Corporation et al.Ontario | Approval pending | Real propertythe assets described in the Sale Agreement (the "Purchased Assets") | Vitmont Holdings (Barrie) Inc.1 of 13 sales · 2 closed | Sealed | Primecorp Commercial Realty Brokerage+2 more | 18 Mar 2020 |
| OAN Resources Ltd.Alberta | Approval pending | Asset saleall of the interest of the Vendor in and to the Assets | Crimson Energy Ltd. | ••• | Sayer Energy Advisors+1 more | 16 Mar 2020 |
| Eastern Infrastructure Inc and Allcrete Restoration LimitedNova Scotia | Approval pending | Auctionthe Debtor's Alberta Assets | Mirterra Industrial Appraisers & Auctioneers1 of 6 sales · 1 closed | ••• | Mirterra Industrial Appraisers & Auctioneers | 19 Dec 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 |
| Crossline Auto GroupAlberta | Approval pending | Asset salethe Vehicle Inventory | Maynards1 of 2 sales · 1 closed | ••• | Maynards+2 more | 23 Sep 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| Tour Tech East LimitedNova Scotia | Approval pending | Real property170 Thornhill Drive, Dartmouth ("the Real Property") | 3288045 Nova Scotia Limited1 of 2 sales | Sealed | Cushman & Wakefield | 7 May 2015 |
| Club Sommet SuitesQuebec | Approval pending | Real propertythe assets described in the Agreement (the "Transferred Assets") | Timbercreek Senior Mortgage Investment Corporation1 of 2 sales | — | CBRE Capital Markets - National Apartment Group | 18 Aug 2014 |
| Lone Pine Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Wiser Delaware, LLC, and Wiser Oil Delaware, LLCAlberta | Approval pending | Asset salethe Loon Properties | Harvest Operations Corp. | ••• | the Companies' Financial Advisor | 16 Dec 2013 |
| Karlsen Shipping Company LimitedNova Scotia | Approval pending | Assets and sharesthe Lots (real property at New Harbour, Lunenburg County) and the insurance policy on the life of Martin Karlsen | 3264741 Nova Scotia Limited1 of 3 sales · 1 closed | ••• | PS Platou ASA+1 more | 15 Mar 2013 |
| SQFive Intelligent Oilfield Solutions LtdAlberta | Approval pending | — | — | — | UBS | 18 Aug 2011 |
| Fuel-X International Inc.Alberta | Approval pending | Asset salethe interest in the Tungkal PSC and related assets | Continental Energy Corporation1 of 5 sales | ••• | — | 1 Jun 2010 |
| Atcon Group of Companies [CCAA Monitor]New Brunswick | Approval pending | Asset salecertain assets of Envirem, as well as other assets of entities affiliated with the Companies, on a going concern basis | —1 of 3 sales | Sealed | — | 22 Apr 2010 |
| EarthFirst Canada IncAlberta | Approval pending | Asset salecertain corporate attributes of the EarthFirst entity primarily consisting of EarthFirst's federal and provincial tax pools and its remaining wind project, Buffalo-Atlee | Maxim Power Corp.1 of 7 sales · 3 closed | ••• | Blair Franklin Capital Partners Inc.+2 more | 25 Feb 2010 |
| Coppley Apparel Group LimitedOntario | Approval pending | Asset salethe Canadian Acquired Assets, other than the Canadian Acquired IP Assets | HMX Canada Acquisition Corp.1 of 5 sales | Sealed | — | 10 Aug 2009 |
| Bricore GroupSaskatchewan | Approval pending | Real propertyseven commercial properties owned by Bricore Group | —1 of 2 sales | Sealed | CMN Calgary Inc. | 28 Jul 2006 |
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.