Proceedings.

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.

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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)

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101101 of 101 · Process approvedtaking bids (12)
CaseStageWhat is sellingPurchaserPriceAdvisorLast activity
SemCanada GroupAlbertaProcess approvedAsset saleall right, title and interest of 138 in and to the Assets (including personal property, the office lease, the assumed contracts, customer lists, books and records and, the good will of the Business and the trade name "France Financial")1374928 Alberta Ltd. and 1038874 Alberta Ltd.BMO Nesbitt Burns Inc.22 Oct 2008

What a process looks likeBenchmarks

Measured across the record

The 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
  1. ColliersLiquidator · Listing broker · 7 provinces48
  2. CBRE LimitedListing broker · 5 provinces40
  3. McDougall Auctioneers Ltd.Auctioneer · 6 provinces28
  4. Avison YoungListing broker · 4 provinces27
  5. Ernst & Young Inc.Auctioneer · Financial advisor · Liquidator · Sale agent · 5 provinces22
  6. Deloitte Restructuring Inc.Financial advisor · Sale agent · 5 provinces20
  7. FTI Consulting Canada Inc.Financial advisor · Sale agent · 4 provinces18
  8. Grant Thornton LimitedFinancial advisor · Sale agent · 7 provinces17
  9. Ritchie Bros. AuctioneersAuctioneer · 4 provinces17
  10. MNP Ltd.Listing broker · Sale agent · 5 provinces16
  11. Ernst & Young Orenda Corporate Finance Inc.Financial advisor · Listing broker · Sale agent · 5 provinces15
  12. Cushman & WakefieldListing broker · 3 provinces14

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.

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.