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 ▼ |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| Heaven Fresh Canada IncOntario | Bid selected | — | — | — | — | 3 Oct 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
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.