Wholesale

Financial advisor to the Debtor during its Chapter 11 proceedings

Financial advisor to Secured Creditor

Force 10 Partners was the financial advisor to the Official Committee of Unsecured Creditors of Serta Simmons Bedding, delivering significant outcomes for its constituents. These included expedited full payment to go-forward creditors and enhanced recoveries for others. Key contributions involved assessing business plan feasibility, investigating pre-filing transactions like the "Serta Uptier," and conducting solvency analyses. This work culminated in the confirmation of a consensual restructuring plan on June 6, 2023, ensuring optimized recoveries for stakeholders.

Force 10 was the financial advisor, providing comprehensive valuation support for a management-led Section 363 sale and Plan of Reorganization. The engagement involved assisting a wholesale grocer through the complexities of the bankruptcy process, including developing strategies to maximize value for stakeholders and supporting the reorganization efforts.

Force 10 served as the financial advisor to this wholesale tobacco distributor, facilitating the resolution of creditors’ claims through a structured dismissal process. During the pendency of the bankruptcy case, the company experienced significant improvements in business economics, leading to a successful and equitable outcome for stakeholders.