• Skip to main content
  • Skip to footer

Force 10 Partners

An advisory firm specializing in corporate restructuring, challenged businesses, litigation, and other special situations.

  • Home
  • Expertise
  • Team
  • Engagements
  • Industries
  • Contact
  • News
  • Careers
  • LinkedIn
  • News
  • Careers
  • Contact
 
Engagement

Alpha Guardian

Confirmation of Chapter 11 Plan of Reorganization

Alpha Guardian

Leading manufacturer of safes and secure storage products

Industries

  • Industrial

Expertise

  • Chief Restructuring Officer
  • Corporate Restructuring
  • Debtor Financial Advisor
  • Expert Witness
  • Litigation Support
  • Turnaround & Crisis Management

From the newsroom

  • Force 10 Restructures & Positions its Client Alpha Guardian to Emerge From Bankruptcy Stronger Than Ever

Force 10 provided a CRO and financial advisory to and managed operations of Alpha Guardian, a residential safe and storage company,

Alpha Guardian was established in July 2017 by acquiring and combining Cannon Safe and Stack-On Products to create a market leader in the safe and secure storage industry. The company operates manufacturing and distribution facilities in the U.S. and Mexico, and Alpha Guardian’s various brands provide secure storage solutions through major retailers across the U.S.

Force 10 implemented aggressive efforts to stem operating losses at the company, including reducing payroll, improving operational efficiencies, creating oversight of accounting processes, and collecting significantly past-due receivables, considerably increasing cash flow. We secured debtor-in-possession financing, prepared the business for a Chapter 11 bankruptcy filing, oversaw the restructuring process, and successfully negotiated a consensual Plan of Reorganization between the Debtors, the secured creditors, and the official committee of unsecured creditors. Under the Plan, over $100 million of senior secured debt and over $30 million of junior claims were exchanged for interests in a trust. In contrast, the balance of the senior secured debt was converted into equity of the reorganized debt.

Team members

Nicholas Rubin

Nicholas Rubin

Renee Albarano

Renee Albarano

Monica Blacker

Monica Blacker

Force 10

Track Record

BurgerFi: Chapter 11 Reorganization

Read more »

Eye Care Leaders: Financial advisor to the official committee of unsecured creditors

Read more »

Litigation Practice Group: Financial advisor to the official committee of unsecured creditors

Read more »
View more »

Footer

Force 10 effectively balanced industry expertise with on-the-ground management insights.
Mimi Hall
Chairperson, Pajaro Valley Healthcare District Project

Let’s discuss your situation

Contact us for an objective, candid assessment of your situation and a conversation about how our expertise and track record of success could address your needs.

Contact Us

Force 10 Partners
Force 10 Partners
5271 California Ave., Suite 270
Irvine, CA 92617
949 357 2360
contact@force10partners.com
LinkedIn
© 2025 Force Ten Partners LLC