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$400 million Foodservice Retailer
As Interim CEO and Director for a $400-million, publicly traded foodservice retailer, Buccino provided relief for a client with an insatiable appetite. The company had concluded 13 acquisitions in 18 months, resulting in significant capital needs. After raising $180 million in a bond offering, it found itself faced with provisions of default just two months later. Buccino led the operation through a successful reorganization after rationalizing over 900 business units. The company was successfully reorganized and later sold to a competitor.
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