Force 10 has built a reputation for stepping into the most complex, high-stakes situations, serving debtors, secured creditors, creditors’ committees, and fiduciaries in restructuring, bankruptcy, and dispute-driven matters where judgment, precision, and credibility matter most. As demand for its expertise has continued to grow, the firm sought a partner that could support its next phase of expansion without compromising its independence, culture, or technical rigor.

“Force 10 operates where financial pressure, stakeholder alignment, and hard decisions converge,” said Steve Stagner, CEO of Crete Professionals Alliance. “Their restructuring expertise delivers confidence when it’s needed most. Bringing Force 10 into the Crete network expands our advisory capabilities in a meaningful way and reflects where the market is headed: toward more specialized, outcome-driven services. We’re thrilled to welcome them to Crete.”

Through its partnership with Crete Professionals Alliance, Force 10 gains access to long-term capital and operational resources designed to support thoughtful, sustainable growth. The alliance enables Force 10 to continue expanding its team, deepen its specialized capabilities, and invest in the infrastructure required to support increasingly complex engagements, while preserving the firm’s focused, high-touch approach and independent culture.

Force 10 will continue to operate under its own brand, with Force Ten Advisors, LLC as its operating entity, and with the same leadership and professionals clients know and trust.

About Force Ten Advisors

Force Ten Advisors, LLC (d/b/a Force 10 and Force 10 Partners) is a national advisory firm specializing in corporate restructuring, turnaround management, fiduciary engagements, valuation, forensic accounting, and complex litigation support. The firm serves middle-market companies, creditors, fiduciaries, investors, and other stakeholders across a wide range of industries, including consumer, healthcare, financial services, technology, and real estate. Force 10’s professionals bring deep technical expertise and practical judgment to help clients stabilize operations, maximize value, and navigate high-stakes situations with confidence.

About Crete Professionals Alliance

Crete Professionals Alliance is a national partnership of premier accounting and advisory firms. Built on a foundation of local leadership and entrepreneurial autonomy, Crete empowers its partner firms with the resources, technology, and scale of a national platform. Founded by Jake Sloane and Frank Zhang and backed by Thrive Holdings, Crete delivers enterprise-level support, global service delivery, and AI-driven innovation to more than 40 high-performing firms across the country. Named Accounting Today’s fastest-growing firm, Crete is redefining what it means to thrive in today’s professional services landscape.  

For more information, visit CretePA.com 

Media Contact:

Jake Benedict 
VP of M&A 
(724) 261-0969 
jake.benedict@cretepa.com

“Force 10” is the brand name under which Force Ten Advisors, LLC provides professional advisory services. Force Ten Advisors, LLC is not a licensed CPA firm and does not provide attest services. Any attest services are provided by licensed independent CPA firms in accordance with applicable professional standards and regulations.

Force Ten Advisors, LLC is the operating entity through which the firm’s professionals provide advisory services and is the successor to Force Ten Partners. All personnel who previously operated under Force Ten Partners now operate through Force Ten Advisors, LLC.

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The Chapter 11 case is pending in the United States Bankruptcy Court for the Eastern District of California, Case Number: 25-26876. Force 10’s employment is subject to order of the Bankruptcy Court.

The post Oroville Hospital has retained Force 10 as its Financial Advisor in connection with its Chapter 11 reorganization appeared first on Force 10 Partners.

The Chapter 11 case is pending in the United States Bankruptcy Court for the District of Nevada,
Case Number: 2:25-bk-17375. Force 10’s employment is subject to order of the Bankruptcy Court.

The post Nellis Cab Company Retains Force 10 as Financial Advisor and Investment Banker in its Chapter 11 Reorganization appeared first on Force 10 Partners.

The Chapter 11 case is pending in the United States Bankruptcy Court for the District of Nevada, Case Number: 2:25-bk-15714. Force 10’s employment is subject to order of the Bankruptcy Court.

The post Thrill Intermediate has retained Force 10 Partners to provide a Chief Restructuring Officer for its Chapter 11 reorganization appeared first on Force 10 Partners.

The Chapter 11 case is pending in the United States Bankruptcy Court for the District of Delaware, Case Number: 25-12055. Force 10’s employment is subject to order of the Bankruptcy Court.

The post The Unsecured Creditors Committee of Lugano Diamonds & Jewelry selected Force 10 Partners as its Financial Advisor appeared first on Force 10 Partners.

The Chapter 11 case is pending in the United States Bankruptcy Court for the District of Delaware, Case Number: 25-12188. Force 10’s employment is subject to order of the Bankruptcy Court.

The post Grand Slam Track has retained Force 10 Partners to provide a Chief Restructuring Officer and Restructuring advisory services for its Chapter 11 reorganization appeared first on Force 10 Partners.

The Chapter 11 case is pending in the United States Bankruptcy Court for the Central District of California, Case Number: 1:24-bk-11323.

The post Force 10 Partners Delivers 100% Recovery for Irwin Naturals’ Unsecured Creditors appeared first on Force 10 Partners.

On August 27, 2024, involuntary bankruptcy petitions were filed against Refreshing amid allegations of fraud, operating a Ponzi-like scheme, and violating state securities and consumer protection laws. On October 10, 2024, Force 10 was engaged to provide a Chief Restructuring Officer and restructuring support personnel. The engagement was led by Force 10 co-founder Brian Weiss, who served as Chief Restructuring Officer.

Force 10 investigated the company’s operations, evaluated strategic alternatives, and ultimately determined that reorganization was not feasible. Under Weiss’s leadership, the firm managed the orderly liquidation of assets, assessed litigation claims, and negotiated a plan of liquidation.

During the process, Force 10 discovered 39 warehouses containing more than 7,200 idle water and vending assets, along with approximately 6,200 vending machines located at customer sites nationwide. Force 10, assisted by TAGex Brands and Hilco Corporate Finance, carried out the sale of assets, and in a separate effort with Hilco Real Estate, sold ten properties.

The investigation also revealed that several thousand water station assets pledged to secure $115 million in bonds did not exist. In addition, approximately 22,000 water machines—sold to more than 250 investors for roughly $225 million—were either nonexistent or sold multiple times.

The Department of Justice indicted Refreshing’s founder, Ryan Wear, on securities and wire fraud charges exceeding $200 million. Separately, the Securities and Exchange Commission charged Wear with raising $275 million through violations of federal securities laws.

On September 9, 2025, the Court confirmed a Joint Plan of Liquidation supported by the Debtors, represented by Tonkon Torp LLP, and the Official Committee of Unsecured Creditors, represented by K&L Gates LLP. Ken Rosen served as independent director of the Debtors. In its order, the Court found that the Debtors operated a Ponzi scheme, ordered substantive consolidation with 15 non-Debtor affiliates, and appointed Weiss as Liquidation Trustee.

The Chapter 11 case is pending in the United States Bankruptcy Court for the Eastern District of Washington, Case No. 24-01863.

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The report confirms what clients and colleagues already know: Force 10 continues to lead with seasoned judgment, adaptable execution, and a deep commitment to stakeholder alignment.

Purpose-Built for the Middle Market

Force 10 was established with a clear goal — to support companies and stakeholders in the middle market. Our approach emphasizes efficiency, transparency, and expert leadership. In fast-changing and challenging situations, we prioritize what matters: quick engagement, operational expertise, and solutions rooted in financial and strategic realities.

A Record Year for Debtor-Side Engagements

In 2024, Force 10 was part of the #2-ranked group of Restructuring Advisors for debtor-side mandates — our strongest showing to date. This placement reflects our continued ascent in the national league tables and underscores growing trust in our ability to deliver results.

This momentum reflects our ability to move quickly, engage deeply, and deliver outcomes that preserve value and stabilize operations. Our partners lead every engagement from the front, ensuring alignment between strategy and execution — a hands-on approach that sets Force 10 apart in the middle market.

Building a Growing Committee Practice

Force 10 entered the national leaderboard for unsecured creditors’ committee (UCC) engagements in 2024, marking a turning point in our creditor-side practice. Since then, we’ve built on that foundation, and in 2025, we’ve advised on a growing slate of high-profile committee matters.

Our rising UCC presence reflects the same principles that drive our debtor work — responsiveness, independence, and a focus on consensus-building to unlock value in complex situations and capital structures.

Sector Breadth, Industry Depth

Force 10’s engagements span a wide range of industries, including healthcare, retail, restaurants, real estate, manufacturing, business services, consumer financial services, technology, and energy, among others. Our experience across these sectors reflects our ability to navigate operational, financial, and stakeholder complexity in various restructuring and fiduciary contexts.

This broad exposure allows us to tailor solutions to the unique dynamics of each situation, whether addressing liquidity constraints, stabilizing operations, or managing multi-party negotiations in distressed or transitional settings.

Partnerships That Power Results

Success in restructuring is also built on relationships, and the Spotlight report confirms what we’ve long observed: trust compounds. We’re proud to collaborate repeatedly with many of the industry’s most respected law firms, investment banks, and fiduciaries. These partnerships drive consistent results and reinforce Force 10’s reputation as a go-to advisor in high-stakes situations.

Flexibility That Drives Results

Force 10’s professionals are not siloed specialists. Whether advising debtors, creditors, trustees, or independent fiduciaries, our partners apply the same level of rigor, independence, and execution discipline. This adaptability allows us to meet the moment — and deliver tailored, actionable advice in every engagement.

As the restructuring cycle continues through 2025 and beyond, Force 10 remains focused on helping clients navigate complexity with urgency, clarity, and confidence. We’re grateful to our clients and colleagues for the trust they’ve placed in us, and energized by what lies ahead.

We’re just getting started.

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