Directory

Below is our comprehensive directory of who's who in the Canadian insolvency market — trustees, lawyers, lenders, liquidators, property managers, turnaround professionals, industry consultants and more.

Also listed are strategic players and investors looking to purchase distressed assets, so make sure to check it out if you're running a sales process.

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Detailed company profiles are below.

Company Profiles

Aviation Business Support Inc.

An aircraft appraisal by Aviation Business Support (ABS) takes in to account the condition of the airframe, the overhaul status of time / life components such as engine(s) and propeller(s), condition of paint and interior, modifications and on top of that, we add in the value of each and every piece of avionics. An aircraft appraisal performed by ABS guarantees you get a trained, experienced aviation professional who is competent, independent, impartial, objective and focused on timeliness, accuracy and reliability.

Key Contact: Gary Gaudreau. Website

Hillmount Capital

Hillmount Capital is a private lender that provides mortgages, alternative debt financing, and private investment opportunities. Focused in the Greater Toronto Area and across Ontario, we fund custom commercial, construction, and residential mortgages for our clients.

Through our affiliated companies, we’re registered with the Ontario Securities Commission (OSC) as an Exempt Market Dealer (EMD), Portfolio Manager, and Investment Fund Manager. We are also a registered Mortgage Administrator and Mortgage Broker under the Financial Services Regulatory Authority of Ontario (FSRA), which replaced the Financial Services Commission of Ontario (FSCO) in 2019.

Key Contact: Yitz Levinson. Website.

Firm Capital Corporation

As a leading non-bank lender since 1988, Firm Capital Corporation provides tailor made lending across Canada for Real Estate Workout Financing, Financial Restructurings and Debtor in Possession Lending with a high level of personal service. We can find capital solutions for problem projects.

Key Contact: Michael Carragher. Website.

TCL Asset Group Inc.

TCL Asset Group Inc., is an asset management and advisory firm founded in 1958. Our company deals in machinery and equipment appraisals, real estate auction sales, as well as machinery and equipment auctions, liquidations and private negotiated sales.

TCL Asset Group Inc., specializes in the following industries: plastics, paper and printing, construction and mining, medical and dental, chemical processing, metal working, food and beverage, wood working, transportation, steel and foundry, pharmaceutical, automotive, rolling stock, textile and electronics.

Most of our work is conducted throughout Canada, U.S.A., and in parts of Mexico and South America.

Key Contact: Terrance Jacobs. Website.

GD Auctions & Appraisals

GD Auctions & Appraisals has over 40 years of multi-generation hands-on Auction, Liquidation & Appraisal industry experience on our team. Our approach to coming up with solutions customized to our clients’ needs is simple: we leverage our team’s experience and combine that with industry leading technology to provide our customers with a level of service that is unparalleled in the industry.

Key contact: Mickey Spencer. Website.

Ritchie Bros. Auctioneers (Canada) Ltd.

Established in 1958, Ritchie Bros. is a global asset management and disposition company, offering customers end-to-end solutions for selling equipment. We sell billions of dollars of used and unused construction, transportation and production equipment each year from our network of over 40 international facilities, as well as, our online marketplace Iron Planet.

Our extensive marketing reach brings serious interest from around the world to our sales. A typical auction attracts thousands of buyers, most of them end-users, ensuring that equipment sells for its true global market value.

Ritchie Bros. websites, rbauction.com and ironplanet.com receive over $43 million unique visitors searching for assets each year.

Our unique services include appraisals, remarketing, data analytics.

Key contact: Eva Smoluch. Website.

Richmond Advisory Services Inc.

Richmond Advisory Services provides residential and commercial property management services across Canada for the following areas:

  • Corporate Relocation

  • Investment & Institutional Real Estate

  • Mortgage Enforcement & Insolvency

  • Non – Profit Housing

  • Wealth Management, Estate & Trust Services

With our combined expertise in property management we are a valuable business resource helping you make intelligent choices that deliver improved efficiencies, and profitability.

Richmond Advisory Services was awarded Canada Partner of the Year for outstanding services.

Key contact: Arun Mehta. Website.

Infinity Asset Solutions Inc.

Infinity Asset Solutions is a full service asset solutions provider for businesses of all sizes in a variety of industries. Our team of experienced auctioneers and consummate professionals are ready to help you obtain the best value for your assets. With over 85 years of industry experience, Infinity is considered to be the experts at turning Equipment, Real Estate & Inventory into value for its clients and customers and provide comprehensive asset valuation services for collateral-based lending, asset disposition and acquisitions. Our team works with individuals and companies offering industrial & commercial auctions to help you with your business liquidation as effectively and efficiently as possible.

Key contact: Jason Hayne. Website.

Norton McMullen LLP

Norton McMullen LLP is a full-service accounting firm and this service begins with a clear understanding of your industry, organization and goals. Whether your enterprise is up-and-coming or well established, for-profit or not-for-profit, our team of professionals is committed to providing services that are tailored to your specific needs, in these areas:

  • Audit

  • Reviews and accounting

  • Tax planning and compliance

  • Not-for-profit

Key contact: Michael McNeill. Website.

Minden Gross LLP

Minden Gross LLP is a full service business law firm. Our Financial Services Group comprises a multi-disciplinary team of innovative business lawyers who are recognized for their expertise in all aspects of distressed and other types of financing, bankruptcy, debt restructuring, distressed sales and litigation relating to insolvency matters.

Key contact: Timothy Dunn. Website.

Danbury Global Ltd.

Whether you are looking for an accurate valuation or a liquidation strategy of manufacturing equipment or Inventory at the manufacturing, distribution, wholesale, or retail level, our team at Danbury Global is here to assist you. With our broad experience of asset valuation and disposition in over 45 different industries we can assist in the conversion of unwanted or under-productive assets into vital capital, we offer the depth of professional expertise and resources to ensure a successful outcome.

Key contact: Jonathan Ordon. Website.

Oaktree Capital Management, L.P.

Oaktree Capital Management, L.P., (Oaktree) is a leader among global investment managers specializing in alternative investments with Assets Under Management (AUMs) of ~USD$183 billion as of September 30th, 2023. Oaktree’s expertise in investing across the capital structure has allowed us to cultivate a diversified mix of global investment strategies in four categories: credit, private equity, real assets and listed equities. We emphasize an opportunistic, value-oriented and risk-controlled approach to investing in these asset classes.

The firm was formed in 1995 by a group of individuals who had been investing together since the mid-1980s. Today, Oaktree comprises more than 1,200 employees with 21 offices (*including offices of affiliates of Oaktree-managed funds) in Los Angeles (headquarters), New York, Stamford, Houston, London, Paris, Frankfurt, Amsterdam*, Dublin*, Stockholm, Luxembourg*, Madrid, Dubai, Mumbai, Hong Kong, Tokyo, Singapore*, Seoul, Beijing, Shanghai and Sydney.

The firm’s competitive advantages include its experienced team of investment professionals, a global platform and a unifying investment philosophy. Our investment philosophy — consisting of six enduring tenets that have remained unchanged since our founding over 25 years – consists of: (i) the primacy of risk control; (ii) emphasis on consistency; (iii) the importance of market inefficiency; (iv) the benefits of specialization; (v) bottom-up analysis where macro-forecasting is not critical to investing; and (vi) disavowal of market timing — is complemented by a set of core business principles that articulate Oaktree’s commitment to excellence in investing; proprietary, in-depth research, commonality of interests and communication with clients; a collaborative and cooperative culture; and a disciplined, opportunistic approach to the expansion of offerings. Oaktree's mission is to deliver superior investment results with risk under control and to conduct our business with the highest integrity. As a result of consistent application of our philosophy and principles, Oaktree has earned a large and distinguished clientele. Among Oaktree's global clients are 65 of the 100 largest U.S. pension plans, more than 550+ corporations around the world, 39 of the 50 state retirement plans in the United States, over 300+ endowments and foundations globally, and 18 sovereign wealth funds.

In 2019, Brookfield Asset Management Inc. (Brookfield) acquired a majority ownership interest in Oaktree. Brookfield is a leading global alternative asset manager with investments across renewable power and transition, infrastructure, private equity, real estate, and credit. Brookfield invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. Brookfield draws on its heritage as an owner and operator to invest for value and generate strong returns for its clients, across economic cycles. Together, Brookfield / Oaktree believes it is the #2 alternative asset manager globally managing approximately $865 billion in AUMs as September 30th, 2023 and provide investors with one of the most comprehensive offerings of alternative investment products available today. While partnering to leverage one another’s strengths, Oaktree operates as an independent business within the Brookfield family, with its own product offerings and investment, marketing, and support teams. To learn more about Brookfield, please visit their website at https://www.brookfield.com/

Key contact: Brian Wong. Website.

C3 Crescent Commercial Corporation

C3 actively purchases and sells distressed assets worldwide, primarily in industrial machinery and equipment, but also including retail inventory, real property, and intellectual property.

We operate in a wide range of industries including textiles, construction, steel fabricating, plastics, automotive, and food processing.

C3 - Crescent Commercial Corporation has been in business for over 80 years.

Key contact: Jasen Kisber. Website.

BDO Canada LLP

BDO Canada Limited has been providing Canadian families and businesses with financial solutions since 1958. With offices across the country, our Licensed Insolvency Trustees and advisors are able to meet with you wherever you need us. BDO Canada is an affiliate of BDO Canada LLP, a leading provider of professional services in assurance, accounting, tax and advisory services for clients of all sizes in virtually all business sectors.

Key contact: Kevin Meyler. Website.

Able Auctions

Able Auctions services the British Columbia market. With multiple auction facilities on The Mainland and Vancouver Island and having conducted over 125 auctions in this market in 2019; Able Auctions is your B.C. auction and appraisal expert. We know this market.

Whether you are looking for an appraisal, auction proposal or outright purchase offer in any commercial, industrial or retail sector; Able Auctions is here to help.

We have conducted auctions in this market for over forty years; we have over forty full time employees and an army of support contractors. We are prepared and ready to help with your B.C. project.

Key contact: Jeremy Dodd. Website.

Houle Roy s.a.

Houle Roy s.a. is medium-size firm present in the Greater Montreal Area as well as in Mauricie (Trois-Rivières) and Centre-du-Québec (Drummondville). We serve both corporations and individual debtors. Marc-André and Mathieu both being former lawyers, they have a particular interest in litigious filings and preferential payments recovery.

Key contact: Mathieu Roy. Website.

B. Riley Farber

Farber is an independent business advisory firm that provides practical solutions to complex financial and operating problems. We have a reputation for responsiveness and a track record of helping our clients achieve their objectives and overcome challenges.

Farber has a deep history in restructuring clients in crisis. We’ve helped banks and lenders deal with under-performing loans and investments; we’ve assisted financial and legal advisors who have clients who need strategic guidance and crisis management—and we’ve supported a wide range of businesses as they manage through a period of financial difficulty.

Key contact: Allan Nackan. Website.

Century Services

  • Century has served the financial and business community for over 40 years and is a trusted and reliable resource.

  • Century offers the broadest range of skills and solutions to businesses in distress or who are managing growth or transitions including: financing, appraisals, partial or full dispersals, liquidations, bankruptcies or receiverships.

  • Century gives our receivership/bankruptcy trustee and advisor clients a complete and full set of services to help manage every aspect of a business failure.

  • Century runs very effective liquidation and consignment auctions across Canada to help businesses buy and sell surplus assets in a respected and reliable environment built on integrity.

  • Century has a team of experienced management professionals that can come alongside a company to help solve business challenges of any nature as a part of the funding and transition activities.

  • Century can fund debt (including DIP), and in extraordinary circumstances equity, or quasi-equity structures that solves business problems.

  • Century can enhance value recovery through participation in stalking-horse processes as an example during liquidation processes.

Key contact: Doug Rae. Website.

Joiner Sales Corp

Joiner Sales Corp has over 44 years of experience in providing market leading Industrial Auctions and Industrial Appraisal services coast to coast in Canada. We are a family team of experienced industrial auctioneers and machinery appraisers, providing professional methods to ensure customer satisfaction whether you are buying, selling, or requiring expert valuation knowledge. We invite you to call on us to serve you so that we again might have the opportunity to fulfill our mission statement: “We work to make every client a reference client."

Key contact: Kevin Joiner. Website.

Leveredge Asset Solutions

Auctions, Liquidations & Appraisals

Key contact: Ray Brown. Website.

Solid Asset Solutions Ltd

We provide Valuations, Retail, Wholesale Machinery & Equipment Liquidations. Dip Financing & Lease Mitigation.

Key contact: David Ordon. Website.

Hilco Global

Hilco Global is a leading financial services company specializing in valuation, monetization, and advisory services for all tangible and intangible assets. Hilco has built a strong reputation for providing solutions to investors, companies, lenders, and advisors around the world by helping them evaluate and maximize the value of their assets within core ongoing businesses, discontinued operations, and orphaned subsidiaries. CDPQ owns a minority stake in Hilco Global.

Key contact: Thomas Boniface. Website.

Miller Thomson LLP

Miller Thomson LLP is a full-service national law firm established in Toronto, Ontario, Canada in 1957. The firm provides a complete range of business law, advocacy, and personal legal services to Canadian and international corporations, entrepreneurs, institutions, governments and not-for-profits.

Key contact: Asim Iqbal. Website.

Colliers International

Colliers Property Appraisal Services provides accurate appraisals for commercial properties for uses in receivership and bankruptcy. Our team can assist you from the outset with the delivery of an appraisal report to providing expert testimony. With offices located in 12 cities across the country, we are able to service your commercial appraisal needs from coast to coast.

Key contact: Samuel Linds. Website.

Kunjar Sharma & Associates, Inc.

The firm's founder and current President, Dr. Kunjar M. Sharma, has been an insolvency professional for over 46 years with a team experience covering the whole gamut of insolvency engagements, from consumer (small debtor) to Corporate (large filings, such as CCAA).

The Firm's current profile is focussed on consumer and mid-sized business insolvencies. Its Licensed Insolvency Trustees and senior administrative professionals are adept and known for providing timely and cost- effective consultation and services.

The firm is multicultural in its personnel make up which adds to its value in the current Canadian landscape.

Key contact: Kunjar M. Sharma. Website.

MTF Mainland Distributors Inc.

We are a discount retailer that focuses on products from channels that include: reverse logistics, liquidations, receiverships, salvage auctions, etc. We operate 11 physical stores in British Columbia and purchase inventory from all over North America. We are interested in liquidations of all sizes.

Key contact: Jon Mackie. Website.

The Behar Group Realty Inc.

Full service boutique commercial real estate brokerage. Established 1992. two offices in Toronto. 25+ sales reps and brokers. Experiences in Sales and Leasing if commercial buildings and properties of all asset classes. Equipped to handle private or institutional mandates. Collaborative, personal, yet corporate bespoke team approach to fit all file types. Asset stabilization, evaluations, lease up, and sale for Owners, Lenders, Receivers, Lawyers and Managers.

Key contact: Greg Evans. Website.

Vector Financial Services Limited

Vector’s main focus is financing land being used for redevelopment. We have a thorough knowledge about the process and are experienced with pre-approvals land financing. While most of our financing is arranged for residential development, we finance commercial, retail, and industrial projects.

Key contact: Mitchell Oelbaum. Website.

Continental Auctioneers

We are LIQUIDATORS specializing in RETAIL, INDUSTRIAL and COMMERCIAL businesses. We are buyers of bankrupt or distressed companies. We can also work on a commission contract basis.

Key contact: Michael. Website.

NAI Commercial

Our Lender Solutions Group team is focused on foreclosure and commercial lender marketing advisory services throughout British Columbia. We provide a full range of commercial real estate services to financial institutions, trustees, receiver-managers, lawyers and accountants. We provide solutions for:

  • Retail and commercial properties;

  • Industrial properties;

  • Agricultural properties;

  • Hotels, resorts, golf courses and recreational facilities;

  • Development sites;

  • Multi-family assets; and

  • Business Brokerage.

Key contact: J-D Murray. Website.

Hammerstrap Industries Inc.

Hammerstrap Industries Inc. specializes in the purchase and resale of assets.

Key contact: Mike Diachyshyn. Website.

Ontario Wealth Management Corp

Ontario Wealth Management Corporation (Owemanco) is a Toronto-based commercial real estate loan origination and servicing company that specializes in commercial, industrial, and construction financing transactions. Established in 2001, Owemanco is structured as a private lender providing short-term financing with loan amounts ranging between $1,000,000 and $20,000,000 across the United States and Canada. A growing transnational presence combined with expeditious underwriting has led Owemanco to originate over $1 billion of principal balance since inception and administer a growing private-equity fund of over a quarter of a billion dollars. With numerous loans closing in under 10 business days, Owemanco has become a trusted source in the industry for bridge financing opportunities.

Key contact: Sohail Zayona. Website.

Tiger Capital Group

Tiger Capital Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger maintains North American offices in New York, Los Angeles, Boston, Chicago, Houston and Toronto.

Key contacts: Brad Snyder, Jason Rae. Website.

Lee & Associates Toronto

Lee & Associates Insolvency and Restructuring practice provides experience and guidance to our customers, with a full range of commercial real estate services required to assist creditors, debtors and insolvent entities with corporate and commercial real estate matters.

We are a recognized team of commercial real estate professionals, hired by Licensed Insolvency Trustee (LIT) professionals, CCAA monitors, lawyers, lenders, insurance companies, and consultants to provide experienced, comprehensive and timely real estate advisory and brokerage solutions.

Experienced advisors on all commercial real asset classes; office, industrial, retail, multi family, and land.

Key contact: Luis Almeida. Website.

KSAI Restructuring

Providing creative and practical financial solutions to business problems.

Key contact: Uwe Manski. Website.

McDougall Auctioneers Ltd.

Founded in 1982, McDougall Auctioneers Ltd. believes its 39 years of auction experience offers deep regional and industry specific experience with expansive international reach. As the first company to hold an online auction within Canada; we pride ourselves in offering a completely transparent process between both the seller and buyer. Our proprietary auction software and our website mcdauction.com which receives over 37 million views per year positions us to be the premier leader in real estate sales, machinery and equipment sales, agriculture sales, retail/inventory sales and liquidations.

Key contact: Chad Guay. Website.

Travelers Capital

Travelers Capital is an alternative capital provider to small and mid-market enterprises seeking custom finance solutions outside of those offered by traditional lending institutions. Initially created as a means to service and expand the existing client base of Travelers Financial Group, Travelers Capital has developed into a full-scope financier providing asset-based loan & lease solutions to borrowers facing a variety of traditional funding challenges, from transitional and distressed balance sheet restructurings to rapid-growth working capital and acquisition requirements. Travelers Capital is a member of the Travelers Group of Companies, who possess over 40-years of asset-based lending experience and is a leading provider of equipment finance and speciality loan & lease arrangements.

With a deep understanding of asset-finance and operation management, Travelers Capital is able to evaluate a borrower’s capital needs and inherent risks from an enterprise perspective, allowing for tailored, creative, and timely credit solutions.

Key contact: Warren Miller. Website.

Airside Aviation

The Airside Aviation team of expert brokers has accumulated more than 100 years of cumulative business aviation experience. We have a long history of customer satisfaction, serving clientele around the globe from our base in Alberta, Canada and seven other convenient locations across North America.

Our expansive reach is thanks in large part to the support we provide for our customers online. Our services encompass an array of items such as, Aircraft Remarking, Acquisitions and Asset Recovery.

If you have or are seeking an aircraft for sale as an individual or as part of a larger organization, Airside Aviation is here to help ensure that you get the maximum return on your investment. The following members of our team are based in Calgary, AB: Our Research & Contract Specialist, who looks after marketing, customer requests & the import & export of aircraft; our Director of Business Development; and our certified Aircraft Appraisal Experts.

When it comes to finding you the best results, we put all hands to work!

Key contact: John Fitzsimmons. Website.

Assadi Private Capital Inc.

Assadi Private Capital Inc. invests in real estate across Canada. We deal in lines of credit, mezzanine financing and can take equity positions in properties. We consider single-family, multifamily residential, industrial, raw land and commercial assets.

Jones Lang LaSalle Real Estate

JLL is a world leader in real estate services, powered by an entrepreneurial spirit. We represent clients who buy, build, occupy and invest in a variety of assets including industrial, commercial, retail, residential and hotel real estate. From tech startups to global firms, our clients span industries including banking, energy, healthcare, law, life sciences, manufacturing and technology.

Key contact: Casey Stuart, SIOR. Website.

Used Modulars Canada Ltd

Used Modulars Canada Ltd is a full service modular Brokering Company that works with both the seller and the buyer to re-purpose distressed or decommissioned industrial modular assets.

Key contact: Larry J Clarke. Website.

Sallyport Commercial Finance ULC

Working Capital for growth and refinancing through factoring, accounts receivable and asset-based lending.

Key contact: Calum Williamson. Website.

Yorkton Auction Centre

We service the following industries. Ag, Industrial & Business Liquidations. Contact us to discuss your clients needs!

Key contact: Jamie Moore. Website.

Global Machinery Auctions Inc.

Global Machinery Auctions brings you a full suite of services under one roof. We offer a four-stage sales process, mechanics in-house to inspect/repair/rebuild your equipment prior to sale, hundreds of OEM and after-market parts at discount prices, and an in-house marketing team. At Global we charge a flat fee commission rate with no buyers’ premiums, no listing fees, and no hidden fees. Contact us today to discuss how we can help you liquidate your surplus assets and improve your profitability. Construction, Heavy Trucks, Mining, Oil & Gas, Agriculture, Industrial, Machining & Fabrication, Pipe & Tubular Products…or bring us your inventory and we can discuss it!

Key contact: Ashish Gumber. Website.

Hewko & Associates

Acquirer of Distressed Operating Companies in the Manufacturing Sector

Key contact: Dennis Hewko.

Advantage Liquidity Partners Ltd.

Certified Machinery & Equipment Appraiser serving Atlantic Canada Region including Gaspe, Quebec peninsula. www.BusinessAndAssetValues.com

Key contact: David Barnett. Website.

Silverman Consulting & Retail Services

More than 30 years in Canada. We provide onsite managed liquidation sale events for independent, consumer goods retailers across Canada. Our liquidation events usually exceed previous years sales, in an 8-12 week timeframe.

Key contact: R. Bruce McDonald. Website.

Canam Appraiz Inc

Founded in 1986 we have grown to become a leading provider of auction, appraisal and liquidation services. We distinguish ourselves by our vast knowledge and experience and our attention to detail and commitment to provide the best customer service and maximize on results.

Key Contact: Sia Mizrahi. Website.

Michael's Global Trading

Michaels Global Trading (MGT) is a local Canadian company with nearly a decade of experience. With humble beginnings as a small resale business operating out of a storage locker we’ve grown to become the leaders in the removal, decommissioning, and liquidation of inventory and equipment across North America. We take pride in serving our customers with transparency and quality work.

Key Contact: Marlon McPherson. Website.

A.D. Hennick & Associates Inc.

A.D. Hennick & Associates Inc. works together with Manufacturers, Distributors, Landlords and Bankruptcy Trustees to provide liquidation solutions for excess inventory, cancelled orders, and distressed assets. With a reputation for honesty, integrity, and fairness, we work with a wide variety of industries to quickly maximize value for liquidated stock while protecting brand images.

Our experience, network of industry contacts, ample warehouse space and financial ability to act quickly allows us to execute best-in-class liquidations solutions to our clients. As well, by always seeking “win-win” arrangements and striving to bring a genuine sense of fairness to the process, we’re able to deliver on promises, provide unsurpassed client service, and stand out from the competition.

Key Contact: Alex Hennick. Website.

NAI Advent Calgary

NAI Advent Commercial brokerage. Full Service.

Key Contact: Aaron Gunn. Website.