Cactus Holdings - Western Beef Inc.
Thrives with RSM
"Our engagement with RSM has transcended business and become much more of a personal relationship on all levels between their team and our team; that naturally sets them apart."
– Peter F. Castellana III, CEO – Cactus Holdings/Western Beef Inc.
Cactus Holdings/Western Beef Retail Inc. (“Cactus Holdings”) is in the retail supermarket wholesale food distribution and real estate business.
With more than $600 million in annual revenue and more than 3,000 employees, Cactus Holdings’ 30 retail locations and three wholesale distribution warehouses focus specifically on providing jobs and affordable food to the inner-city five borough neighborhoods of New York, as well as in Florida and New Jersey. At Cactus Holdings, they believe these growing, ethnically diverse communities are the future. And they rely on RSM to help them manage today’s challenges while preparing for continued success in the evolving future.
Not your ordinary retail grocer
Cactus Holdings imports products their customers are used to seeing in their home countries so that when they relocate, they can feel a “bit of home” in America. And their focus on providing jobs for inner city communities is just one thing that makes the company unique.
“We’re proud to provide job opportunities to youth in these communities,” said Peter F. Castellana III, CEO – Cactus Holdings/Western Beef Inc. “Once you come to the Western Beef family, you can not only have a job, but can expand your career.” This sense of stewardship is a core value shared with RSM.
It takes a village
To achieve its mission of providing food and jobs, Cactus Holdings engages RSM for a number of services, including audit, financial analysis, technology consulting, tax real estate planning and GAAP accounting guidance.
“RSM advises us on managing change, provides valuable advice and insights on industry trends, keeps us abreast of tax changes, helps us with merger and acquisition evaluations, consults us on technology needs and issues, and supports our interview process for C-level executives,” said Castellana. “RSM has been a tremendous asset, not only in the work that they’ve done for and with us, but in the connections they’ve helped us make with law firms, insurance consultants, banking professionals and others who help us succeed.”
“They understand businesses are made up of and run by people. They take time to understand the people and truly demonstrate ‘the power of being understood’.”
Watch this video for more on how Cactus Holdings relationship with RSM has evolved by helping them face today’s workforce challenges, and how RSM contributes to their success.