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 ▼ |
|---|---|---|---|---|---|---|
| MedXLQuebec | Process approved | —les Actifs achetés | 9528-0475 Québec Inc.1 of 2 sales · 2 closed | — | FTI Consulting Canada Inc.+1 more | 25 Nov 2024 |
| 0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited PartnershipBritish Columbia | Liquidating | — | — | — | Cushman & Wakefield+3 more | 19 Nov 2024 |
| 3760626 Canada Inc.Quebec | Approved | Asset salethe property set forth in Schedule "A" hereto (the "Purchased Property") | 15897734 Canada Inc. | — | KPMG Inc. | 19 Nov 2024 |
| Ayanda Cannabis CorporationOntario | Approval pending | Asset salethe Purchased Assets | 1001010496 Ontario Inc.1 of 2 sales | Sealed | Hyde Advisory & Investments Inc. | 18 Nov 2024 |
| 253 Queen Street Inc.Ontario | Approved | Real propertyall of the Debtor's right, title and interest in and to the Property | 1001008209 Ontario Inc. | — | CBRE Limited | 1 Nov 2024 |
| Indian Head Consumers Co-operative Society Ltd.Newfoundland and Labrador | Process approved | Asset salethe Business and/or the Assets of the Company | —1 of 3 sales | ••• | Grant Thornton Limited | 30 Oct 2024 |
| Loop Energy Inc.British Columbia | Approved | Share sale100% of Loop's shares through a Court-approved reverse vesting order | Teralta Hydrogen Solutions Inc. | ••• | Crowe MacKay & Company Ltd. | 23 Oct 2024 |
| Acuva Technologies Inc.British Columbia | Approvedper the transactions | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | Watersprint AB | ••• | — | 22 Oct 2024 |
| AM PM Lloydminster Ltd.Alberta | Approved | Real propertyall of the Debtor's right, title and interest in and to the assets described in the Agreement (the 'Purchased Assets') | 2643234 Alberta Ltd. | Sealed | Avison Young+1 more | 10 Oct 2024 |
| Vandyk-Vanmills Plaza Inc.Ontario | Approved | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | 1900 Drive Holdings Inc. | — | Jones Lang LaSalle Real Estate Services Inc. | 8 Oct 2024 |
| Clearfit Inc.Ontario | Process approved | Asset salethe Debtor's right, title and interest in and to the assets described in the APA (the ' Purchased Assets ') | David Kassie | ••• | Baigel Corp. | 7 Oct 2024 |
| Metamaterial Inc. and Metamaterial Technologies Canada Inc.Ontario | Marketed | — | — | — | Grant Thornton Limited | 2 Oct 2024 |
| TKCMetalOntario | Approval pending | Asset salethe Company's right, title and interest in and to Purchased Assets as defined in the Sale Agreement | Triple M Metal LP | Sealed | BDO Canada Limited | 1 Oct 2024 |
| Nevada CopperOntario | Approved | Asset salethe purchase of the Purchased Assets (as defined in the Stalking Horse Agreement) | Southwest Critical Materials LLC | ••• | Moelis & Company LLC | 30 Sep 2024 |
| King Square Ltd., and Markland Residential CorporationOntario | Approval pending | Real propertythe property described in Schedule 'A' hereto (the ' Purchased Assets ') | 2727297 Ontario Inc. | Sealed | Ernst & Young Orenda Corporate Finance Inc.+3 more | 27 Sep 2024 |
| Buchh Holding Inc. et al.Ontario | Approval pending | Asset salethe Rotalec Canada assets, with the Robots carved out | Continental Capital Investments Inc.1 of 3 sales | ••• | — | 17 Sep 2024 |
| Vernon Recreational Products (VRP) Sales and Service Ltd. and 1390951 B.C. Ltd.British Columbia | Approvedper the transactions | Asset salethe Purchased Assets | 1495213 B.C. LTD.1 of 2 sales | ••• | — | 17 Sep 2024 |
| 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 |
| 2502511 ONTARIO CORP. and 15599563 CANADA INC.Ontario | Liquidating | — | — | — | Sean Anderson of Re/Max in the Hills | 6 Sep 2024 |
| Silver Maple DevelopmentsOntario | Marketed | Real propertythe Property | Silver Maple1 of 2 sales · 1 closed | — | B. Riley Farber Inc.+1 more | 26 Aug 2024 |
| Shiny Bud Inc.Ontario | Approved | Subscriptionthe Purchased Shares | 1000973177 Ontario Limited | ••• | B. Riley Farber Inc. | 16 Aug 2024 |
| Sunrise Acquisition (Elmvale ) Inc.Ontario | Process approved | Asset salethe Properties | — | — | CBRE Limited | 15 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 |
| Northwood Carpet & Tile Company Ltd.Ontario | Approval pending | —the Share Transactions | —1 of 2 sales · 1 closed | — | — | 6 Aug 2024 |
| Staffy Canada Inc.Ontario | Process approved | — | — | — | B. Riley Farber Inc. | 1 Aug 2024 |
| The Kami Mine Limited Partnership, Kami General Partner Limited and Alderon Iron Ore Corp.Newfoundland and Labrador | Approved | — | — | — | — | 1 Aug 2024 |
| Niagara Falls Craft Distillers Ltd.Ontario | Process approved | — | — | — | — | 30 Jul 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 |
| Exponential GroupOntario | Process approved | Share saleall of the Master Fund's 3iQ common shares | 3iQ | ••• | — | 4 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 |
| Maxx Properties (323) Ltd.Ontario | Process approved | Real propertythe Real Property | Amar Jwedah (company to be incorporated) | — | Avison Young | 3 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 |
| Orea Mining Corp.British Columbia | Marketed | — | — | — | — | 17 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 |
| Local Leader Inc.British Columbia | Marketed | — | — | — | MNP Ltd. | 15 Apr 2024 |
| Hempsana Inc.Ontario | Process approved | — | — | — | B. Riley Farber Inc. | 9 Apr 2024 |
| Infarm Indoor Urban Farming Canada Inc.Alberta | Approval pending | Asset salecertain undertakings, property and assets included in the definition of 'Purchased Assets' in the Sale Agreement | InFarm Technologies Limited | — | RSM UK Restructuring Advisory LLP | 7 Apr 2024 |
| Cornwall VolkswagenOntario | Approval pending | Asset salethe Debtors' right, title and interest in and to the property described as the "Purchased Assets" (excluding the Real Property) in the Sale Agreement (the "Business Assets") | Mark Motors of Ottawa (1987) Limited1 of 2 sales | Sealed | — | 3 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 |
| Seymour Health Centre Inc.British Columbia | Approval pending | Asset saleall of Seymour's rights, title, and interests in the Practice Agreements with each of its Providers | 1449867 B.C. Ltd.1 of 2 sales | — | — | 26 Mar 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 |
| 11282751 Canada Inc. et al. (170 Burton)Ontario | Process approved | — | — | — | — | 15 Mar 2024 |
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.