Storcentric
Chapter 11 Reorganization
Provider of storage hardware, software, and data-centric security
Industries
Force 10 Partners guided StorCentric, a provider of enterprise data storage solutions, through a challenging Chapter 11 restructuring amid a severe liquidity crisis. With limited cash reserves and constrained access to new debt, Force 10 secured debtor-in-possession (DIP) financing to stabilize operations and preserve critical customer relationships. These efforts culminated in a successful Section 363 sale, ensuring the seamless transfer of assets to new ownership and maximizing value for stakeholders.
