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)
| Case | Stage | What is selling | Purchaser | Price | Advisor | Last activity ▼ |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Shiny Bud Inc.Ontario | Approved | Subscriptionthe Purchased Shares | 1000973177 Ontario Limited | ••• | B. Riley Farber Inc. | 16 Aug 2024 |
| Trans Emerge Transport Inc.Ontario | Approved | Auctionthe Debtor's right, title and interest in and to the Property purchased by such respective Purchaser at the Auction | — | — | Ritchie Bros. Auctioneers | 12 Aug 2024 |
| The Kami Mine Limited Partnership, Kami General Partner Limited and Alderon Iron Ore Corp.Newfoundland and Labrador | Approved | — | — | — | — | 1 Aug 2024 |
| SanitasAlberta | Approvedper the transactions | Asset salethe assets described in the APA (the 'Purchased Assets') | H.R. Herchen Professional Corporation | Sealed | — | 23 Jul 2024 |
| 1557113 Ontario Inc., 1870431 Ontario Inc., 2500994 Ontario Ltd. AND 2544924 Ontario Inc.Ontario | Approved | Real propertythe lands and premises described in Schedule A hereto (the 'Property') | 1000918852 Ontario Inc.1 of 2 sales | — | Colliers | 12 Jul 2024 |
| Bramalea Inc.Ontario | Approved | Real propertythe Real Property | Balprit Kaur Sall1 of 4 sales | — | — | 9 Jul 2024 |
| First Swiss Mortgage Corp.Ontario | Approved | Real propertythe Property Owner's right, title and interest in and to the property described in the Sale Agreement (the 'Property') | Zayoun Group Inc. | ••• | Royal LePage Team Realty | 24 Jun 2024 |
| Lotus Ventures Inc.British Columbia | Approvedper the transactions | Subscriptionall right, title and interest in and to the Subscribed Shares | 5008679 Ontario Limited | ••• | — | 14 Jun 2024 |
| 2642988 Ontario Inc. ReceivershipOntario | Approvedper the transactions | Real propertythe Debtor's right title and interest in and to the Property | Argo Ghent Limited | — | — | 28 May 2024 |
| 170 Willowdale Investments Corp.Ontario | Approvedper the transactions | Real propertythe Debtor's right, title and interest, if any, in and to the assets described in the Sale Agreement (the "Purchased Assets") | 170 Willowdale Ave Holdings Inc. | — | — | 15 May 2024 |
| Tool Shed Brewing Company Inc.Alberta | Approved | Share salethe New Common Shares (as defined in the SPA) | 2582568 Alberta Inc.1 of 3 sales · 1 closed | ••• | KPMG Inc. | 3 May 2024 |
| Free Rein Resources Ltd.Alberta | Approved | Share salethe reverse vesting share transaction in respect of Free Rein Resources Ltd. | Invico Diversified Income Limited Partnership1 of 2 sales · 1 closed | ••• | FTI Consulting Canada Inc.+3 more | 26 Apr 2024 |
| BRR Logistics LimitedOntario | Approved | Asset salethe trailers, reefers, and residual material handling equipment (collectively the 'Equipment') | Platinum Asset Services Inc. | Sealed | Platinum Asset Services Inc.+1 more | 15 Apr 2024 |
| Eagle Graphite CorporationBritish Columbia | Approved | Asset saleall of the right, title and interest in the assets of EG | 1420027 B.C. Ltd.1 of 4 sales · 1 closed | ••• | — | 3 Apr 2024 |
| 1000179473 Ontario Inc and 2724393 Ontario Inc.Ontario | Approvedper the transactions | Real property272 Corp's right, title and interest in and to the lands and premises located 181 Brant Road, St. George, Ontario | 15678072 Canada Inc. | Sealed | — | 2 Apr 2024 |
| 2th, Inc.Ontario | Approved | Asset saleall of the Debtor's right, title and interest in and to the assets described in the APA (the "Purchased Assets") | Namrita Harchandani Dentistry Professional Corporation | Sealed | — | 18 Mar 2024 |
| Le Dôme de West Island Inc.Quebec | Approved | Asset salethe property set forth in Schedule "A" hereto (the "Purchased Property") | 9508-6609 Quebec Inc. | ••• | — | 1 Mar 2024 |
| Calldron Gas Bars Ltd and 1195705 Ontario Inc.Ontario | Approved | Asset saleCalldron's right, title and interest in and to the assets described in the Sale Agreement (the ' Purchased Assets ') | 1000733305 Ontario Inc.1 of 3 sales | — | — | 23 Jan 2024 |
| AbleDocs Inc. and AbleDocs International LimitedOntario | Approved | Asset salethe assets described in the Asset Purchase Agreement (the "Purchased Assets") | Grackledocs Inc. | — | — | 5 Dec 2023 |
| Damiva Inc.Ontario | Approved | Asset salethe Debtor's right, title and interest in and to the property described as the Purchased Assets in the Purchase Agreement | 1000657239 Ontario Limited | Sealed | — | 29 Nov 2023 |
| Wabi Sabi Brands Ltd.Alberta | Approved | Asset salethe assets described in the Sale Agreement (the 'Purchased Assets') | Bloomex Inc.1 of 2 sales | Sealed | Harris & Partners Inc. | 21 Nov 2023 |
| Tankhouse Development Inc.Ontario | Approvedper the transactions | Real propertythe Debtors' right, title and interest in and to the assets described in the Sales Agreement (the "Purchased Assets") | — | — | — | 2 Nov 2023 |
| Groupe Airmedic Inc. & Al.Quebec | Approved | Asset saleles « Actifs achetés » | 15245788 Canada inc.1 of 2 sales | — | — | 1 Sep 2023 |
| Boreal CapitalOntario | Approved | Real propertythe Company's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | Richard Von Hagen and Cindy Von Hagen1 of 18 sales | — | — | 22 Aug 2023 |
| DecisionOne (Canada)Ontario | Approved | Asset salethe Purchased Assets | STC Lender LP | ••• | KPMG Inc. | 22 Jun 2023 |
| MGT Management Inc. & MGT Aggregate Products Inc.Alberta | Approved | Auctionthe Debtors' right, title and interest in and to the assets purchased by such Purchaser at the Auction | —1 of 2 sales | Sealed | McDougall Auctioneers Ltd. | 13 Jun 2023 |
| Better Image Collision 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") | 179 Church Street Holdings Inc. | — | — | 16 May 2023 |
| Di Battista Gambin DevelopmentsOntario | Approvedper the transactions | Real propertyPurchased Assets, including without limitation the subject real property identified in Schedule 'B' hereto (the 'Real Property' and together with the chattels and fixtures referenced in the Sale Agreement, collectively, the 'Purchased Assets') | 3406-3434 Weston Road GP Inc.1 of 4 sales | Sealed | — | 9 May 2023 |
| 3 Sixty Secure Corp. and 3 Sixty Risk Solutions Ltd. – in ReceivershipOntario | Approved | Asset salethe specific client service contracts covering armored courier, ATM, vault in transit, bullion storage, direct shipment, smart safe, cash processing and other related services (the "FSS Contracts") | GardaWorld Cash Services Canada Corporation1 of 7 sales | Sealed | Leveredge Asset Solutions Inc. | 20 Apr 2023 |
| Galarneau Entrepreneur Général Inc.Quebec | Approved | Asset saleles Actions souscrites | 9422-8806 Québec inc. | Sealed | — | 4 Apr 2023 |
| Enterra Feed CorporationAlberta | Approved | Subscriptionthe sale transaction (the "Transaction") contemplated by a second amended subscription agreement dated February 22, 2023 | Forage Subordinated Debt LP III | — | — | 31 Mar 2023 |
| Explorer Marine Partners Ltd. and Bluewater Rigging Ltd.British Columbia | Approved | Auctionthe Debtors' assets recovered from the Granville Island and North Vancouver locations (the "Auction Assets") | — | — | Able Solutions Inc.+1 more | 10 Mar 2023 |
| Victory Nickel 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") | Rio Tinto Exploration Canada Inc. | — | — | 8 Mar 2023 |
| Speakeasy Cannabis Club Ltd. and 10161233 Canada Ltd. and the Bankruptcy of 1399951 BC Ltd.British Columbia | Approved | —the Petitioners' undertakings and properties | 1373482 BC Ltd.1 of 2 sales | — | — | 28 Feb 2023 |
| Canadian Beaver Brewing and Distillery Company Ltd.Alberta | Approved | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement | 2468659 Alberta Ltd.1 of 2 sales · 1 closed | Sealed | A. Farber & Partners Inc. | 12 Dec 2022 |
| Agence de Voyage Drummond Inc.Quebec | Approvedper the transactions | Asset salethe assets described in the Purchase Agreement (the "Purchased Assets") | Voyages Superstore Quebec Inc. | Sealed | — | 9 Nov 2022 |
| Triumph Development HK Bradford Twin Regency Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title, benefit and interest in the assets described in the Sale Agreement | 2792523 Ontario Inc. (in Trust) | — | — | 14 Sep 2022 |
| Choom Holdings Inc., Choom BC Retail Holdings Inc., Phivida Holdings Inc., 2151414 Alberta Ltd. and 2688412 Ontario Inc.British Columbia | Approved | Asset salethe assets described in the Purchase Agreement (the 'Purchased Assets') | High Tide Inc.1 of 2 sales · 1 closed | ••• | — | 25 Aug 2022 |
| CLL Capital Corp. et al.Alberta | Approved | Asset salethe Purchased Assets | —1 of 3 sales · 1 closed | Sealed | Ritchie Brothers Auctioneers+1 more | 16 Jun 2022 |
| Aires de Service Québec (Société en commandite)Quebec | Approved | Asset saleles actifs décrits dans la Convention de vente (les « Actifs achetés ») | — | Sealed | — | 13 Jun 2022 |
| Trinity Centres CambridgeOntario | Approvedper the transactions | Real propertythe assets described in the Sale Agreement (the ' Purchased Assets ') | 1000204128 Ontario Inc. | — | — | 13 Jun 2022 |
| Medifocus Inc.Ontario | Approved | Subscriptionshall subscribe for new shares of Medifocus, to be paid by way of a credit bid of the secured indebtedness of the Purchaser, via private placement | Asset Profits Limited | ••• | msi Spergel Inc. | 18 May 2022 |
| Ontario Tire StewardshipOntario | Approvedper the transactions | Asset salethe Source Code Purchase Agreement dated April 9, 2021 | CentriLogic Inc | Sealed | — | 14 Apr 2022 |
| Maple Medi Pharma Inc., River Hill Pharmacy Inc., Westway Holdings Inc., Toronto Apothecary Pharma Inc., St. Mary Theotokos Pharmacy Inc., Bless Hui Pharma inc., Stoney Creek Pharma Inc., Olde Walkerville Holdings Inc., JM Westview Pharma Inc., SJ East Pharma Inc., St. Mary Cooksville Pharma Inc., 4231 Sheppard Avenue East Inc., Jubilee Property Investors Inc., JG Windsor Inc., Abu Seifein Brimley Pharma Inc. and Sigma Healthcare Inc.Ontario | Approved | Asset salethe assets described in the Sale Agreement (the 'Purchased Assets') | Guide Pharma Inc.1 of 17 sales · 5 closed | ••• | Avison Young+3 more | 13 Apr 2022 |
| Société en commandite Tilly de Laval et Promotions Anne Delisle inc.Quebec | Approved | Real propertyles actifs décrits dans la Convention d'achat («les Actifs achetés») | Ville de Laval | ••• | — | 4 Feb 2022 |
| Cannoleum Inc.Ontario | Approved | Real propertythe Debtor's right, title and interest in and to the real property legally described in Schedule 'B' hereto and municipally known as 194 Woolverton Road, Grimsby, Ontario | Woolverton Road Holdings Limited1 of 3 sales | Sealed | CBRE Limited | 20 Jan 2022 |
| Station Point Developments Ltd.Alberta | Approved | Real propertyassets described in the Sale Agreement (the "Purchased Assets") | Arris Homes Ltd. | Sealed | JLL | 14 Dec 2021 |
| Edge on Triangle Park Inc. et al.Ontario | Approved | Real propertyParking Spots at the Curve building | —1 of 10 sales · 4 closed | ••• | Brad J. Lamb Realty Inc.+3 more | 3 Dec 2021 |
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.