The M&A Advisor announced that MACCO Restructuring Group, which provided interim executive leadership and served as financial advisor to a publicly traded consumer products company, was named the 2022 winner of the Turnaround of the Year award.
“We’re very honored to be recognized by our peers for this significant achievement in business rehabilitation while providing the client a second chance to fully succeed!” Drew McManigle, founder and CEO of MACCO, said. “In a swift 11-month engagement, MACCO’s business fire experts led by managing directors, Terence Cryan and Paul Maniscalco, quickly assessed, skillfully managed and rapidly implemented substantive solutions, from the ‘Board Room to the Backroom’ of the company, resulting in an operationally streamlined, financially stable, cash positive company with new products, markets and opportunities.”
MACCO will be recognized at the 17th Annual Turnaround Awards in mid-March at a Black-Tie Gala in Palm Beach, FL.
