Drew McManigle, Founder and Managing Director of Houston-based MACCO Restructuring Group, LLC (MACCO), announced the opening of new offices in Wilmington, Delaware and Denver, Colorado together with several notable additions to the firm. McManigle stated, "I’m excited to lead our expanding firm as we become truly national in presence, scope, and ability to serve middle-market companies across a broad array of industries."
Norene Mostkoff has joined MACCO as a Managing Director to expand their healthcare group, headed by Beth Carpenter. Norene has had a stellar career in healthcare spanning 20 years of leadership with companies in distress. She has led healthcare companies out of financial crisis to profitability amidst the complexities of a highly regulated environment. In 2018, Norene was named to the top 100 most influential people in healthcare by the Atlanta Business Chronicle. She has been awarded a Better Business Bureau’s Integrity Award and recognized by her peers with the CEO of the year award. Carpenter stated, "Healthcare remains in crisis and we’re thrilled to have a professional of Norene’s caliber and experience join us to find practical solutions for our clients."
Stephen Judge and Patrick Stewart, CTP each join as Managing Directors to head MACCO’s office in Wilmington, DE. "These two highly experienced financial and restructuring professionals, each with broad industry knowledge, close the gap between the centers of bankruptcy filings of Houston and Wilmington," McManigle noted. "Together with MACCO’s bench and their proximity to the Philadelphia, New Jersey and New York Metropolitan areas, Patrick and Stephen bring responsiveness and depth of know-how to both debtor and creditor clients alike. We’re delighted they have joined the MACCO family and have high expectations for our rising Northeast practice!"
Paul Maniscalco also joins as a Managing Director to establish MACCO’s office in Denver, Colorado. He has served as a Chief Financial Officer for public and private companies and brings 22 years of experience in advising in corporate finance from inception through maturity, capital markets transactions, business restructuring and chapter 11 bankruptcy. McManigle said, "I knew Paul’s financial, accounting, SEC compliance and grasp of complex E&P acquisition and divestitures would be crucial to MACCO’s energy clients as they continue to face commodity price instability, State regulatory hurdles and lack of financing options."
Pablo Bonjour has been promoted to Director from Sr. Financial Analyst. "Pablo with his significant prior business operations experience and client centric focus, has in a short time since joining MACCO, proven himself as an astute professional through several recent engagements where he sat second chair to me," McManigle said. "He earned this and I’m extremely glad to have him as a core part of our team."
Eric Moll is a Financial Analyst beginning his career in restructuring with MACCO in its Houston office. He attended The University of Houston, Bauer College of Business with a focus on Finance. McManigle stated, "Eric is exactly the type of young professional the restructuring industry needs to attract: smart, educated, tech-savvy and personable with a desire to learn how to help businesses put out their financial fires. We’re very happy to have such a vibrant and talented millennial join us!"
McManigle concluded, "MACCO’s ability to attract professional experts and first-class people belies our commitment both to our clients and our team as we act as ‘first responders’ to put out business fires and protect the stakeholders from getting burned."