Force Ten Partners, LLC (Force 10) joined Global M&A Network’s 9th annual list of leading restructuring firms this year. This prestigious list features legal, consulting, and investment banking professionals. Force 10 partner and co-founder, Brian Weiss, was chosen as one of only 25 restructuring consultants to receive the “Top 100 Restructuring Professionals – Distinction in Dealmaking” award in 2022.
Global M&A Network selected the award recipients based on their individual contributions and their performance at the 14th annual Turnaround Atlas Awards, for which Force 10 was recognized twice for two restructuring engagements they led.
This award recognizes the leading professionals who offer the most innovative solutions to complex financial transactions within the restructuring and turnaround communities. Being named for Global M&A Network’s top 100 list further validates Force 10 as an industry leader and superior service provider.
About Brian Weiss
Brian Weiss advises public and private companies and has served as a financial advisor, chief restructuring officer, liquidating trustee, and expert witness in various complex transactions. His focus is representing and restructuring businesses in and out of bankruptcy court.
Weiss has extensive experience in business restructuring, crisis management, acquisitions, and divestitures for diverse clients. He has represented manufacturing, restaurant, retail, real estate, and technology businesses for over 22 years.
Brian Weiss Leads an Atlas Award-Winning Transaction
One of two transactions that got Force 10 recognized by Global M&A Network this year was the successful restructuring of CarbonLite Holdings, LLC, and its subsidiaries. Brian Weiss filled the debtor’s chief restructuring officer role, helping the company secure $80 million in new money for debtor-in-possession financing. He also facilitated the $230 million sale of the company’s manufacturing facilities to four purchasers.
This transaction won Force 10 the Best Special Situation M&A Deal of the Year at Global M&A Network’s 2022 Atlas Awards.
CarbonLite was one of the world’s largest producers of food-grade rPET (recycled Polyethylene Terephthalate) and supplied material to many leading beverage companies. Weiss displayed outstanding sensitivity to the context of this restructuring case by ensuring all four purchasers of the debtor’s assets would honor CarbonLite’s vision. He says, “through this process, CarbonLite’s mission to decrease the amount of PET plastic that ends up in landfills will continue.”
What Does Winning This Award Mean for Force 10?
Global M&A Network is an independently governed media company and exclusive publisher of prestigious industry awards. Being named one of the top 100 restructuring firms in 2022 is an honor that will guide Force 10’s approach to future transactions and cases. The prestige surrounding the award equates to achieving the “Gold Standard of Performance” standing in the industry.
Force Ten Partners, LLC is an advisory firm with deep domain knowledge in financial and operational corporate restructuring, fiduciary, valuation, forensic accounting, and complex litigation support. Force 10 serves middle-market companies as well as their creditors, stakeholders, and professionals by providing turnaround-management services, fiduciary and financial advisory services, expert witness support, and investment banking services.