Force 10 is providing a CRO and restructuring support services to this national retailer specializing in workplace refreshment solutions via vending machines.
In October 2024, Refreshing USA, LLC, a company specializing in automated vending and water solutions, faced significant financial and operational challenges. This led to their filing for Chapter 11 bankruptcy in the Southern District of Texas, Houston Division (Case Number: 24-33919). Recognizing the complexities of their situation, Refreshing USA retained Force 10 to provide both a Chief Restructuring Officer (CRO) and comprehensive restructuring advisory services. Force 10’s role is to take stock of and gain control over the widely distributed assets and interwoven liabilities, determining and implementing the best path forward for all stakeholders.